Answer:
1. C.Tax accounting
2. C. Tax accounting
3. A. Financial accounting
4. C. Tax "
5. B. Managerial "
6. A. Financial "
7. B. Managerial "
8. B. Managerial "
Explanation:
Tax accounting: accounting methods focused on tax.
Financial accounting: summary, analysis and reporting of financial transactions.
Managerial accounting: analyzing and communicating financial data to managers.
Answer:
$7,473
Explanation:
Calculation to determine the amount of gross margin that results from these transactions
First step is to calculate COGS
COGS=$16,100-($16,100 * 0.03)+$610
COGS=$16,100-$483+$610
COGS=$16,227
Now let calculate the Gross margin
Using this formula
Gross margin = Sales revenue - COGS
Let plug in the formula
Gross margin=$23,700 - $16,227
Gross margin =$7,473
Therefore the amount of gross margin that results from these transactions is $7,473
Based on the given situations above, the event that will most likely create the biggest impact on one's net worth after a month is purchasing a car worth $15,000 of market value, and this car depreciates 20% of its value upon transfer of ownership. This impact is considered highly negative because of the large amount of depreciation.
Answer:
$18,400
Explanation:
Using the appropriate cost driver <u><em>(which is the most appropriate method of determining or calculating a particular cost. The Variable cost drivers might come in the form of costs per unit, hourly costs, or batch costs, among others. it can also be fixed costs, which could be in form of set-up costs.),</em></u> the total cost of the potential job will be $18,400
The full diagram explaining the step be step procedure is in the attached image below.
Answer:
B. $9,600
Explanation:
Calculation to determine the amount he or she will receive
Amount Received=(1000*$10)*[100%-( 5% contingent deferred -1%Decrease in sales charge)
Amount Received=$10000-(100%-4%)
Amount Received=$10000*96%
Amount Received=$9,600
Therefore he or she will receive $9600
