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Oduvanchick [21]
3 years ago
5

Which activity might require you to provide your social security number?

Business
1 answer:
ValentinkaMS [17]3 years ago
6 0
The answer is D: starting a new job

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Nursing home kitchens, corporate employee lunchrooms, and state park concession stands are all examples of? A. noncommercial foo
Basile [38]

Answer:

D

Explanation:

D because you have to keep up with demand

3 0
4 years ago
P&G's Tide laundry detergent has been around since 1948 and is still a market leader. P&G has used ________ advertising
docker41 [41]

Answer:

persuasive

Explanation:

Persuasive advertising refers to a marketing strategy that seeks to persuade customers, especially new customers, to purchase their products or services. Persuasive advertising is extremely important when there are a lot of competitors, e.g. there are dozens of different laundry detergents and Tide must convince customers to keep buying it.

8 0
4 years ago
Bolivia has about 50% of the world's reserves of lithium. It is also a major producer of zinc. Suppose that Bolivia produced onl
frosja888 [35]

Answer: attainable and efficient

Explanation:

3 0
3 years ago
Besides not being required, why do you think a company would choose to report or not report a gross profit line? Why do you thin
aleksley [76]

Answer:

Gross profit = net sales revenue - cost of goods sold. But what happens when your company doesn't sell any goods, specially if they only sell services and it is impossible to determine the COGS.

This is basically an accounting issue since the <u>IRS</u> defines COGS as:

  1. <em>The cost of products or raw materials, including freight  </em>
  2. <em>Storage </em>
  3. <em>Direct labor costs (including contributions to pensions or annuity plans) for workers who produce the products </em>
  4. <em>Factory overhead the cost of inventory items sold </em>

So if your company doesn't sell any items from inventory, the IRS will not consider that your company incurred in COGS.

Reporting COGS is very useful for deducting business expenses, but it is not mandatory. Also, any expenses deducted as COGS cannot be deducted again as any other type of cost. So it is simply an accounting practice that helps certain industries to report their business expenses more clearly and in an orderly manner. But if it is too complicated to determine your company's COGS, then you can report your expenses in other ways and reduce your problems.

8 0
4 years ago
Buffalo Company purchased a heavy-duty truck on July 1, 2014, for $30,360. It was estimated that it would have a useful life of
Kisachek [45]

Answer:

The answer is given below;

Explanation:

Cost of Truck July 1,2014                 $30,360

Accumulated Depreciation(30,360-6,480)/10=2,388*4=($9,552)

Written Down Value as at August 1 ,2018    $20,808

Truck New   Dr.$42,189

Loss on Old Truck ($20,808-16,699) Dr.$4,109

Accumulated Depreciation                 Dr.$9,552

Cash                                                     Cr.$25,490

Old Truck-Cost                                     Cr.$30,360

There was a loss of $4,109 on old truck as it was traded below its written down value.                      

5 0
3 years ago
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