A necessary capital resource is a A place to open the shop. And <span>license to conduct business is also important.</span>
Answer:
Tony and Gareth
Explanation:
Basic eligibility requirements for financial student aid are:
- Be a U.S. citizen or an eligible noncitizen (including a U.S. national or permanent resident) and have a valid Social Security number.
- Have a high school diploma or GED certificate.
- Be enrolled or accepted as a student in an eligible degree or certificate program.
- Earn a minimum GPA.
Tony has still not completed high school, and Miami resident Gareth does not has a social security number.
Keith and Marshall may be eligible for the financial student aid if they meet all other requirements for financial student aid.
Answer:
Gain= $63,000
Explanation:
<u>First, we need to calculate the book value:</u>
<u></u>
Book value= purchase price - accumulated depreciation
Book value= 250,000 - 35,000
Book value= 215,000
<u>Now, the gain or loss from the sale:</u>
Gain/loss= selling price - book value - selling expense
Gain/loss= 290,000 - 215,000 - 12,000
Gain= $63,000
Answer:
(D) Cost
Explanation:
Due to change in economy overtime it is not easy to predict the cost of a long term project. Also different states and or countries have different inflation rates, therefore it is not easy for the committee that will spend a decade travelling the world to balance performance in the are of cost. Long term budget needs to be flexible to cover increase and decrease in the economy.
Answer:
85%
Explanation:
With regards to the information above, predetermined overhead will be computed as;
Predetermined overhead = (Estimated overhead / Expected labor cost) × 100
Estimated overhead = $85,000
Expected labor cost = $100,000
Then,
Predetermined overhead = ($85,000 / $100,000) × 100
Predetermined overhead = 85%
Therefore, its predetermined overhead rate for the next period should be 85%
