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2 years ago

A marriage license is not a form of tax. True or False

Business

2 answers:

Semmy [17]2 years ago

8 0

This is actually false, Don't believe the guy who said true.

Svet_ta [14]2 years ago

5 0

Answer: True

A marriage license is not a form of tax.

Explanation:

A marriage license refers to a legal permission issued by a church or state authority which authorizes a couple to get married. It is an evidence of the couple's new legal obligations as husband and wife. The steps in obtaining a marriage license differ in various countries. It is issued in guarding against familial and bigamous unions, underage marriages and so on.

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Zhao Co. has fixed costs of $429,000. Its single product sells for $187 per unit, and variable costs are $122 per unit. If the c

otez555 [7]

Answer:

$635,000 and : 34%

Explanation:

Margins of safety is the difference between expected sales and the break-even point.

For Zhao, expected sales are 10,000 units

The break-even points in units = fixed cost/ contribution margin per unit

fixed costs = $429,000

Contribution margin per unit = selling price - variable costs per unit

=$187 - $122

=$65

break-even point in units = $429,000/$65

break-even point = 6600 units

Margin of safety = 10,000 - 6600 units

=3400 units

In dollars is equal to margin of safety in units x selling price

=3400 x 187

as a percent of expected sales.

=3400/10000 x 100

=0.34 x 10,000

=34%

4 0

2 years ago

Bramble Corp. has $3960000 of 9% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value

natta225 [31]

Answer: Credit of $217480 to Paid-in Capital in Excess of Par

Explanation:

The following information is given in the question as:

Debit: Bonds payable = $1,250,000

Debit: Premium on bonds payable = $92480

Credit: Common stock = $1,125,000

Credit: Paid in capital in excess of Par = $217480

The above were calculated as:

Common stock = ($1250,000/$1,000) × 30 × 30

= $1250 × 90

= $1,125,000

% Conversion will be:

= $1,250,000 / $3960000 = 0.32

Unamortized bond premium will then be:

= 0.32 × $289,000

= $92,480

Paid in capital in excess of par will be:

= $1,250,000 + $92,480- $1,125,000

= $217,480

Therefore, the answer will be to

"Credit of $217480 to Paid-in Capital in Excess of Par"

4 0

2 years ago

A company has net credit sales of $1,200,000, beginning net accounts receivable of $290,000, and ending net accounts receivabl

7nadin3 [17]

Answer:

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable $=\frac{290000+201000}{2}=$245500$

Now receivables turnover ratio $=\frac{credit\ sales}{average\ receivable}=\frac{1200000}{245500}=4.888$

Days of receivables = $\frac{365}{4.888}=74.67=75days$

8 0

3 years ago

A capital budgeting method that takes into consideration the time value of money is the cash payback technique. return on stockh

Andrew [12]

Answer:

Internal rate of return method

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

Accounting rate of return = Average net income / Average book value

Average book value = (cost of equipment - salvage value) / 2

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash.

3 0

2 years ago

Find the value of each expression.

Andrew [12]

Answer:

a. 10+5-19

b. 15-19=-4

Explanation:

This problem can be solved with a very simple rule that is, Bodmas stands for "brackets, orders, division, multiplication, addition, subtraction". if integers contain brackets ((), {}, []) then first solve bracket then powers and roots etc., then division, multiplication, addition and subtraction from your left to right.

PEMDAS is very similar to BODMAS and used in the USA.

PEMDAS means Parentheses, Exponents (powers and roots), Multiplication and Division, Addition and Subtraction.

5 0

3 years ago