Answer:
The question is incomplete the answer is $29000
Explanation:
The question only has the first option A. which is $18000. we know that when you are finding the net income it contains of Revenue minus operating expenses but on accrual basis we also include differed and accrued expenses so here we will be identifying each transaction in where it fits.
$42000 tailoring fees are revenue as this is a Tuxedo custom shop;
$14000 are expenses as they stated
Depreciation is an expense of $2000
Accounts receivable is an asset that increases on the debit side therefore it will be added to income for the tuxedo shop in which its value is $1500 and we are told that they increased.
Supplies increased so we will also add them to income at a value of $4000
Accrued liabilities will increase on the credit side therefore will be subtracted on the income received as they are liabilities which amount to $2500. Therefore accrual basis net income = $42000-$14000-$2000+$4000+$1500-$2500
=$29000 which is the accrual basis net income.
Answer:
The correct aswer is B) 20 million shares.
Explanation:
The issuance of shares is widely used by companies when it comes to seeking capital, that is, to capitalize. The initial issuance of shares is known as "primary placement." Once the first issue is finished, the company may continue to issue shares as a way to increase its capital.
In the case described, regardless of the shares that are put up for sale, the minutes clearly state that the maximum number that can be sold is 20 million. When the information is updated in the future, this value will change.
Many tax professionals and advisors recommend adjusting your W4 allowance so that THE TAX PAYMENT WILL EXACTLY MATCH ONE'S TAX LIABILITY.
Over payment and under payment of tax liability usually occur to people as a result of the number of withholding which they claim. Experts suggest adjusting the number of one' s withholding in order t avoid over or underpayment of tax.
Answer:
f(x) = -1.25x + 64 I hope this helps :)
Explanation:
total amount of money: $80
He spent $16 for the entrance of the fair and food.
80-(4+12) = 64
After that you subtract $1.25 per ride = -1.25x
Then it gives the function:
f(x) = -1.25x + 64
The correct option is A.
Feedback refers to the receiver's response to the message he has received. The receiver may have to write the response down and send it to the sender who read it and interpret the message; thus repeating the whole process of communication again.
