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3 years ago

A withholding allowance is a _____.

1 answer:

4 0

'Withholding Allowance' Employee-claimed exemptions on the tax form employers use to determine how much of an employee's pay to subtract from his or her paycheck to remit to the tax authorities. The more allowances you claim, the less income tax will be withheld from your paycheck

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Caroline is an artist. She purchases canvas, paints, brushes, and accessories for $75. She sells orn of her original paintings t

liberstina [14]

Answer:

Value added to the gallery will be $3000

So option (C) will be correct answer

Explanation:

We have given that Caroline sells her original painting for $1500 to an art gallery.

And after that her painting was sold to an art lover at cost of $4500

We have to find the value added to the gallery

Value added to the gallery will be equal to difference of price sold to the art lover and cost at which painting is sold to art gallery

So value added to gallery = $4500 - $1500 = $3000

So option (C) will be correct answer

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3 years ago

Millions of software programs have been created and have helped to improve the economy. This is an

stich3 [128]

Answer:

Millions of software programs have been created and have helped to improve the economy. This is an

example of___new technology___.

7 0

3 years ago

The accounting process of ensuring accuracy and completeness includes Journalizing transactions timely using ledgers and journal

avanturin [10]

Answer:

The accounting process of ensuring accuracy and completeness includes Journalizing transactions timely using ledgers and journals, closing entries, create a trial balance, make adjusting entries, create adjusting trial balance and prepare the four basic financial statements (balance sheet, income statement, changes in net assets/equity and cash flows). Note, adjusting entries are not necessary but reversals are a must in this process. This statement is:________.

A. True

7 0

3 years ago

Read 2 more answers

The basic concepts of financial management are the same for all businesses, regardless of how they are organized. However, a fir

My name is Ann [436]

Answer:

1) - proprietorships.

2) - corporations.

3) - proprietorships.

4) - corporations.

Explanation:

So far as figures are concerned, the majority of companies are proprietorships. Even so, mostly based on currency sales revenue, almost all of the trade is conducted by corporations. Businesses are mostly founded as proprietorships and only transformed into corporations until their success results in drawbacks that overshadow the benefits.

So, the following are the reason that describes the following answers are true according to the given scenario.

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3 years ago

To finance some manufacturing tools it needs for the next 3 years, waldrop corporation is considering a leasing arrangement. the

KATRIN_1 [288]

"The answer is $106".

After tax cost of debt 6%
Dep per year 1600
Tax sav from dep 640
cost of owning 0 1
interest -480
tax saving 192
maintence -240
maintenece saving 96
Depn tax saving 640
loan repay
net cash cost 208
PV cost of owning (6%) -3474
cost of leasing
lease payment -2100
Tax savings from lease 840
net cash cost -1260
PV cost lease 6% -3368
PV cost own - Pv cost lease 106

3 0

3 years ago