Answer:
8,955 units
Explanation:
Given that,
Sales in July = 9,500
Sales in August = 10,200
Sales in September = 6,050
Ending finished goods inventory = 30% of the next month's sale
Budgeted production units for August:
= Sales + Closing inventory - Opening inventory
= Sales + (30% of September sales) - (30% of August sales)
= 10,200 + (0.3 × 6,050) - (0.3 × 10,200)
= 10,200 + 1,815 - $3,060
= 8,955 units
Answer:
$250,000 and $500,000
Explanation:
According to the tax laws there is annual limit on Loss deductions relating the amount of business loss that can be deducted in a year.
The law states that single or individual tax payers can deduct nothing more than $250,000 while married taxpayers who are filing jointly can deduct up to $500,000 per year of their business losses.
Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000
The right answer for the question that is being asked and shown above is that: "C. chapter 15." If a business filing bankruptcy has assets in the United States and one or more foreign countries, that business should file under: <span>C. chapter 15</span>
Answer:
(a)
January 1 Cash 20000 Dr
Bonds Payable 20000 Cr
(b)
June 30 Interest expense 850 Dr
Cash 850 Dr
Explanation:
a.
The bonds are issued at par value thus full cash equal to the par value of these bonds will be received on the issuance date.
b.
The ineterst is paid at 8.5% annually. The annual interest oayment equals 20000 * 0.085 = 1700
As this is paid semiannually in equal installments, the semi annual payment for interest on June 30 will be 1700 / 2 = $850
Answer: The correct answer is "E. A system of shared values about what is important and beliefs about how the world works".
Explanation: It can be defined as the specific collection of norms and values that are shared by people and groups in an organization and that control the way they interact with each other within the organization and abroad. In the organizational culture are the informal and unwritten regulations that guide the daily behavior of the members of an organization, behaviors that may or may not be aligned with the purpose of the organization.
