All categories

3 years ago

In the ________ form of ownership, the business itself pays income taxes.

Business

2 answers:

LiRa [457]3 years ago

8 0

The blank should be corporation (:
I hope all is well, and you pass. Good luck, rockstar!

enot [183]3 years ago

5 0

In the CORPORATION <span> form of ownership, the business itself pays income taxes.</span>

You might be interested in

The best way to research an expensive product is to? A. Visit multiple company websites B. Watch many television commercials C.

uysha [10]

All of them are good options, but I would say that D would be the most practical. This is because you’re able to find a large amount of information about a product and view its uses in your situation without paying the cost of the actual product itself.

5 0

3 years ago

Read 2 more answers

Vaughn Manufacturing has the following items at year-end:

Amiraneli [1.4K]

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

5 0

3 years ago

The government spends $45 million on heart disease research and gains in reducing death from heart disease are significant. If t

Marta_Voda [28]

Answer:

They would cause relatively smaller reductions in death from heart disease.

Explanation:

Since in the question it is mentioned that the government incurred $45 million for research on the heart disease and gain that decreased the death occured from the heart disease. Now if the law of diminishing retuns hold, so the extra rise in expenditure on heart disease result in relatively small decline as it decreases the returns

Therefore the same is to be considered

6 0

3 years ago

Ramos Co. provides the following sales forecast and production budget for the next four months: April May June July Sales (units

Ronch [10]

Answer:

1) Direct Labor Budget April May June July

production 450 580 550 550

* hours per unit 0.60 0.60 0.60 0.60

= hours worked 270 348 330 330

* rate $17 $17 $17 $17

Direct Labor Cost $4,590 $5,916 $5,610 $5,610

2) Factory overhead budget

Variable overhead $5,670 $7,308 $6,930

Fixed overhead $8,100 $8,100 $8,100

Total overhead budget $13,770 $15,408 $15,030

Explanation:

Variable overhead = ( direct labor hour * $21)

April = ( 270 * $21) = 5,670

May = ( 348 * $21) = 7,308

June = ( 330 *$21) = 6,930

7 0

3 years ago

Read 2 more answers

SartainC orporation is planning its annual budget and has the following beginning and ending inventory levels planned for the ye

torisob [31]

Answer: c. 530,000 grams

Explanation:

Finished goods that should be produced in the year;

= Units to be sold + ending inventory - beginning inventory

= 170,000 + 32,000 - 22,000

= 180,000 units of finished goods.

Each unit of finished good requires 3 grams of raw material;

= 180,000 * 3

= 540,000 grams

Raw materials to be purchased;

= Raw materials needed + ending inventory - beginning inventory

= 540,000 + 42,000 - 52,000

= 530,000 grams

7 0

3 years ago