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iVinArrow [24]
3 years ago
5

The local Kennel Club is a not-for-profit organization with gross receipts of $23,500 for the current tax year. Under the Intern

al Revenue Service Code, the Kennel Club would be required to file which of the following forms for the tax year?A. Form 990-N.B. Form 990-EZ.C. Form 990-PF.D. Since its gross receipts are less than $25,000 it need not file with the Internal Revenue Service.
Business
1 answer:
allsm [11]3 years ago
8 0

Answer:

A) Form 990-N.

Explanation:

Form 990-N is used by not-for-profit organizations with annual gross receipts under $50,000, and it must be filed electronically.

Most small not-for-profit organizations can use the Form 990-N, except:

  • organizations with gross receipts of over $50,000
  • churches and their associated supporting organizations
  • private foundations
  • political organizations
  • tuition programs
  • government instrumentalities
  • group legal service plans
  • and other specific organizations

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When determining the markup to be used in a cost-plus pricing formula, many companies base the markup on a target: return on inv
Grace [21]

Answer:

return on investment

Explanation:

At the time of calculating the markup that used for the formula of cost plus pricing many companies would base the markup on the target return on investment as the return on investment considered the net operating income as it takes after considering all the other type of cost

Therefore as per the given situation the first option is correct

6 0
3 years ago
Identify the statement that is incorrect. a. Higher financial leverage involves higher risk. b. Risk is higher if a company has
Savatey [412]

Answer:

c. Risk is higher if a company has more assets.

Explanation:

Financial leverage is the measurement of risk based on the debt of the company. More liabilities involves high risk  because company does not have enough to pay for the it's liabilities.  If company has more assets then the risk if lower because company is able to pay its liabilities from its assets. The statement " Risk is higher if a company has more assets" is incorrect.

6 0
3 years ago
How does Tony convince Joel to go swimming in the Vermillion River?
podryga [215]

Answer: Could be from bribing, displaying all of the perks of swimming in the river or describing how much fun it could be

Explanation:

3 0
2 years ago
Sarah Meeham blends coffee for​ Tasti-Delight. She needs to prepare 170 pounds of blended coffee beans selling for ​$3.76 per po
NNADVOKAT [17]

Answer:

The quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

Explanation:

Let the quantity of high-quality coffee bean = x

The price of high-quality bean = $5 per pound.

Let the cheaper coffee bean = y

The price of cheaper coffee bean = $2 per pound.

So, from the equation there are two equation can be formed.

x + y = 170

5x + 2y = 170×3.76

Now, solve both the equation for the value of x and y.

x + y = 170

x = 170-y

now insert, x = 170 – y in the below equation.

5x + 2y = 170×3.76

5 (170 – y) + 2y = 639.2

850 – 5y + 2y = 639.2

-3y = 639.2 – 850

- 3y = -210.8

y = 70.26 or the 70

now insert 70 in x = 170-y.

x = 170 – 70

x = 100

Thus, the quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

4 0
3 years ago
In 2015, the United States generated 263 million metric tons of municipal solid waste, withmore than half of the waste ending up
Reika [66]

When rain falls on a sanitary landfill, a potential environmental problem is the formation of <u>Leach-ate</u>.

<h3>What is Leach-ate?</h3>

When rain falls on a sanitary landfill and dissolves some solids into it, the water that is formed is known as leach-ate.

Leach-ate in this instance is quite toxic and can lead to the pollution of ground water when it is absorbed into the ground.

In conclusion, a potential problem is the formation of leach-ate.

Find out more on leach-ate at brainly.com/question/6470670.

8 0
2 years ago
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