Answer: The statement of cash flows.
Explanation:
The statement of cash flows is an accounting record where the record of financial income of a company is taken record of and also the statement of cash flow shows the amount spent on running a business.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Direct materials= 33,000
Direct labor= 13,000
Manufacturing overhead= 23,000
The prime cost is the sum of total direct material and total direct labor. The conversion cost is the sum of direct labor and allocated overhead.
Prime cost= direct material + direct labor
Prime cost= 33,000 + 13,000= $46,000
Answer:
Each year, the employer awards its top salesperson an all-expense-paid trip to Jamaica.
- This should be considered as part of the employees' compensation (and the employee should be taxed), therefore, the company can deduct 100% of it.
The employer has a cafeteria for its employees where meals are furnished at cost.
- Cafeteria meals are not included in the 50% deduction.
The employer sponsors an annual Labor Day picnic for its employees.
- This is considered a recreational activity paid by the employer, so the 50% deduction does not apply.
Every Christmas, the employer gives each employee a fruitcake.
- It is a fringe benefit, although I doubt that the employees are taxed for receiving a fruit cake. There is no 50% deduction. (referred to as de minimis fringe benefit)
The taxpayer gives business gifts to her clients at Christmas.
- Business gives are not subject to a 50% deduction, instead they are subject to a $25 limit.
Answer:
the general price level and the aggregate quantity of goods and services demanded
Explanation:
The answer for the blink would be Zero-based budgets.
