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
Answer:
C. Is an ethanol-gasoline mixture
Explanation:
E-85 is a designation used to represent a combination of ethanol and gasoline. It indicates an ethanol content of 85% and a gasoline content of 15%. Most countries with cold temperatures practice this mixture of ethanol with gasoline, because, ethanol makes it hard for the engines of vehicles to crank.
A major agricultural produce used in the production of ethanol is corn which undergoes fermentation. Some countries who use E-85 as a source of fuel include; the United States, as well as Sweden.
When a state acts in its sovereign capacity, it is immune from federal antitrust scrutiny.
<h3><u>
What is Federal Antitrust Law?</u></h3>
- Antitrust laws, also known as competition laws, are regulations created by the American government to defend consumers from unfair commercial practices.
- In an open-market economy, they make sure there is fair competition.
- Along with the market, these rules have developed, vigilantly preventing potential monopolies and interference with the healthy flow of competition.
- Market allocation, bid rigging, price fixing, and monopolies are just a few of the commercial practices that are subject to antitrust legislation. We look at the behaviors that these laws forbid below.
- Without these restrictions, customers would not benefit from a variety of options or market competition.
Know more about Federal Antitrust Law with the help of the given link:
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Answer:
($33840)
Explanation:
Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas a sale is an inflow of cash.
Cash flow from investing activities
Sold a long-term investment $5,640
Acquired an investment in Zynga stock for cash - $39,480
Net Cash flow from Investing activities -$33,840
All other items are related to operating activities, financing activities. So, we ignored it
Answer:
$4,260
Explanation:
The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense is given below:
Estimated Uncollectible Accounts is
= $104,000 × 5%
= $5,200
Now
Bad debt expense is
= Estimated Uncollectible accounts - credit balance in Allowance account
= $5,200 - $940
= $4,260