1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iVinArrow [24]
4 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]4 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

You might be interested in
The cost of local government is ultimately passed on to
I am Lyosha [343]
It is passed to the citizens. Inside the administration area, cost portion is utilized most normally to recover circuitous cost repayments from the government, through the making of a cost allotment design. And, for catching full cost of administration to charge different subsidizes inside the office to get repayment for the organization's general store.
5 0
4 years ago
Suppose the local government imposes an annual lump-sum tax per plant.How will the average fixed cost, average variable cost, av
Kaylis [27]

Answer:

The Tax is a lump-sum which means that it does not change by output. It is therefore a fixed cost.

Average Fixed Cost ⇒ INCREASE

The new tax would increase the fixed costs which would lead to an increase in the average fixed costs.

Average Variable Cost ⇒ UNCHANGED

The tax is a fixed cost not a variable cost which means variable costs will not be affected.

Average Total cost ⇒ INCREASE

Fixed costs is a part of total cost and if that increases, the total cost will have to increase as well.

Marginal Cost ⇒ UNCHANGED

As the cost that changed is a fixed cost, the total cost will not change as a result of more production so marginal cost will not change.

7 0
3 years ago
A product has annual demand of 100,000 units. The plant manager wants production to follow a four-hour cycle. Based on the follo
Vladimir79 [104]

Answer:

setup cost is $7.2

Explanation:

given data

annual demand = 100,000 units

production =  4 hour cycle

d = 400 per day (250 days per year)

p = 4000 units per day

H = $40 per unit per year

Q = 200

to find out

setup cost

solution

We will apply here EPQ formula for find set up cost S that is express as

Q = \sqrt{\frac{2DS}{H} } \sqrt{\frac{p}{p-d} }         ............1

200 = \sqrt{\frac{2*400*250*S}{40} } \sqrt{\frac{4000}{4000-400} }

now we take squaring on both sides and we get here

40000 = 5000 × S × 1.11

solve it we get her

S = \frac{40000}{5000*1.11}

S = 7.2

so setup cost is $7.2

6 0
3 years ago
Bambi Company manufactures fast-baking ovens in the United States at a production cost of $500 per unit and sells them to uncont
mina [271]

Answer:

1. d. $825

2. b. $750

3. c. $795

Explanation:

1. Transfer price under the resale price method

Acceptable price under resale method = Selling price of Subsidiary - Profit%  

= $1,100 - 25%*$1,100

= $1,100 - $275

= $825

2. Transfer price under the cost-plus method

Cost plus method = Cost+Markup

= $500 + $500*50%

= $500 + $250

= $750

3. Transfer price under the comparable profits method

Comparable profits method = Selling price - Profit  - Other costs

= $1,100 - $1,100*5% - $250

= $1,100 - $55 - $250

= $795

3 0
3 years ago
Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear? edg
marin [14]

Answer:

A long history with corrected blemishes shows to those viewing your credit history that you've learned to fix mistakes making you trustworthy and experienced. But when you have a short clear history they don't really know anything about you.

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • If a good is normal, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the d
    6·1 answer
  • Market bubbles such as the technology bubble of the 1990s and the housing bubble of 2004-2007 are best explained byA) the effici
    10·1 answer
  • Landrum Corporation is considering investing in specialized equipment costing​ $250,000. The equipment has a useful life of 5 ye
    10·1 answer
  • The program that sought to streamline production and boost profits by systematically controlling costs and work practices was ca
    5·1 answer
  • How can I tell the difference between an editorial photograph and a commercial photograph, besides the fact that editorial photo
    12·1 answer
  • Blended Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the​ year, Allowance
    13·1 answer
  • Im 12 i need to help my mom with bills what job do i get
    15·2 answers
  • As marketing manager for the new Jump! athletic shoe company, you have a lot of work to do in order to compete with athletic sho
    6·1 answer
  • Which famously frugal fast-food item saw an 11% price increase?
    12·1 answer
  • In a limited partnership, who assumes no liability for the partnership beyond the capital they have invested?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!