Answer: True
Explanation:
It is required that all volunteers preparing to participate in the VITA/TCE programs must use Form 13614-C along with an effective interview for every return prepared at the site. This is a major requirement, if not they won't participate or partake in the program.
Answer:
B. I and III only
Explanation:
I. The stock price has increased by 3.4% during the current year.
YTD% chg 3.4% means share price change by the rate of 3.4%.
III. The earnings per share are approximately $1.89.
P/E ratio = 17.5
Closing price = $33.10
EPS = $33.10 / 17.5
= $1.89.
Therefore, The correct option is I and III only.
Answer:
Ease of transfer and limited liability
Explanation:
The Corporation can easily transferable as the number of shares could be divided that are purchased and sold over the stock exchange
Also they have the limited liability when there is any contigency arise due to which the corporation would be closed this would be limited to the shared amount that owned by the shareholders
Therefore the last option is correct
Answer:
<h2>The Average cost usually decreases as the output expands.Hence,the answer in this case would be option c. or will always decrease as output expands.</h2>
Explanation:
- Fixed costs or expenses of production refers to those that are fixed or constant through out the production process or does not depend on the changes or adjustments in the actual output or production level.
- Some of the common examples of fixed cost of production include building rent,utility bills,land rent,insurance and interest payments.Note that these costs and expenses are fixed and unchanged and any firm or company has to pay them regardless of the production or output level.
- Now,since the average fixed cost of production is calculated by dividing the total fixed cost of production by the quantity of output produced by the firm at any particular period of time,the average fixed cost of production will decrease.As the output expands the denominator of the average fixed cost formula will increase but note that the numerator of the formula or the total fixed cost of production will always remain constant.Therefore,the average cost of production keeps decreasing with an increase in output or production level,signifying economies of scale.
Answer:
record a decrease in inventory and an increase in cost of goods sold for the cost of the merchandise sold.
Explanation:
The perpetual inventory system maintains records of inventory movement and changes at the time of an inventory transaction, purchase, sale, or return using the inventory and cost of goods sold accounts instead of purchases account used under the periodic inventory system. An inventory purchase increases the value of inventory while a sale reduces it, and adjustments are made for returns. When goods are purchased or returned by customers, the inventory account is debited. When goods are returned to suppliers or sold, the account is credited.
