Answer:
$39600
Explanation:
One year is made up of 12 months.
in oder for us to know how many months make up 3 years,we multiply 12 months by 3years and the answer is 36 months.
36months = 3years
we workout
$1,100×36 months =$39,600
This shows that, by three years David would have paid his ex-wife $39,600
Answer:
Reason : To ensure constant flow of cash
Explanation:
<u>Accrual Basis of accounting</u> records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.
This is different from<u> cash-basis accounting</u> which records transactions at the receipt or payment of cash.
Because of <em>timing</em> difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).
Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.
Answer:Hospitals have adopted medical technology such as using robotic surgeries, artificial organs
Explanation: Agriculture uses advance digital and analytical technology to enhance their supply chain. This means their are able to have sufficient or more data on the system , this data contains information about weather ,logistics and market price volatility . This ability to store as much data as possible enables them to advance and maintain their storage cost.
So these technologies help them predict future conditions to optimize supply and maintain cost.
Answer:
the depreciation expense on the equipment will be 1,785 for tax purpose.
Explanation:
We will look into the MACRS (Modified Accelerated Cost Recovery System)
table for a property of seven years placen into service in the 4th quarter:
Which give us 3.57%
now we multiply the basis by the coefficient and get the value for depreciation
50,000 x 3.57% = 1,785 depreciation expense under MACRS
Answer:
The answer is below
Explanation:
At least the three ways in which the company sought to differentiate itself from rival jewelry firms.
1. By providing customer service and extra services such as custom products, free return shipping, easy order process, cheap care, and repair
2. By ensuring there is constant innovation and technological advances, such that the rivals would found it hard to imitate.
3. By carrying out marketing and brand relation services in the smaller communities to enhances their images.
