Answer:
The correct answer is C
Explanation:
Cost of goods manufactured (COGM) also known as the cost of the goods completed, it computes the aggregate value of the inventory which was produced during the year and is ready for sale in the market.
The budgeted amount of COGM is computed in the same way as the actual cost of goods manufactured is computed, except the budgeted amounts, the formula is:
COGM = Direct Labor Used + Direct Materials Used + Manufacturing Overhead applied + Work in Progress Inventories (Beginning WIP inventory + Ending WIP Inventory.
Answer:
Explanation:
AAA AEP
Beginning balance, 1/1/20 200,000 110,000
Less: Distributions (140,000) (0)
Less: Loss (ordinary) (120,000) (0)
Ending Balance (60,000) 110,000
Here AAA is adjusted first for the distributions and then for the loss. The negative balance must be restored to a positive before the shareholders may receive any distributions that will not be taxed as dividend income.
Answer:
Asset-backed securities
Explanation:
Asset-backed securities are a form of debt securities whose principal and interest are paid by other associated assets.
In this case the bank collected assets from the corporation, and the corporation in turn issued Asset-backed securities (ABS) on these assets.
The assets collected by the bank can be mortgages, equipment lease and so on.
clarify positions and reporting relationships within the firm will be Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart.
What is a consulting firm?
A consulting firm is an organisation made up of specialists in a certain area who provide firms with problems they can't handle internally with expert advice, direction, and workable solutions. Every business will inevitably run into issues, and consulting firms are hired to help.
Executives typically contact consulting companies to send consultants—industry experts who are sent to watch and assess a company's operations. Consultants provide direction and practical answers to whatever issues the organisation may be facing. Companies use consulting firms to provide their knowledge on issues that cannot be resolved internally. These firms typically have specialised areas of emphasis.
Learn more about Consultants here:
brainly.com/question/15076880
#SPJ4
Answer: interest tax shield
Explanation: A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations, amortization, and depreciation .
The term “interest tax shield” refers to the reduced income taxes brought about by deductions to taxable income from a company’s interest expense. For instance, there are cases where mortgages may have an interest tax shield for buyers since the mortgage interest is deductible against income. One of the main objectives of companies is to reduce their tax liability as much as possible. Interest tax shields encourage firms to finance projects with debt, since the dividends paid to equity investors are not deductible.
