Answer:
b. $18,000
Explanation:
The computation of outstanding checks is shown below:-
Outstanding checks as of the end of July = Start with outstanding checks as of June + Amount of checks issued in July - Amount of checks that cleared in July
= $5,400 + $38,900 - $26,300
= $44,300 - $26,300
= $18,000
Note, The $300 check was issued by a customer, not Darlene.
So, for computing the outstanding checks as of the end of July we simply applied the above formula.
Answer:
Mortgage interest of $7,875 and property taxes of $1,850.
Explanation:
A tax deduction can be defined as the total amount of money that one can deduct to lower their tax liability. More tax deductions always implies a reduced tax liability. In dealing with mortgage payments, tax deductions should be considered carefully to determine how much one tax one needs to pay. The following mortgage expenses are considered for deductions;
1. Mortgage interest
A mortgage interest deduction is a deduction that allows homeowners to subtract the interest on the loan they used to pay for the purchase, improvements or building of a home. In our case, Hilda and Hyatt are liable to a deduction of $7,875.
2. Property tax
In general, state and local property taxes are eligible to be deducted from the federal income taxes of a property owner. The only taxes that are deductible are state, local and foreign taxes levied for public welfare. They do not include services like home renovation and trash collection. The federal tax as of 2018 for property tax was capped at a total of $10,000. This means that any property tax value below $10,000 was eligible to a property tax deduction of that amount.
Answer:
the re-order point is 97.17
Explanation:
The computation of the re-order point is given below:
Re-order point is
= (Daily demand × Lead time) + (Z × Standard deviation × Sqrt(Lead time)
= (25 × 3) + (1.28 × 10 × Sqrt(3))
= 97.17
hence, the re-order point is 97.17
The same is to be considered and relevant too
Answer:
Yes because Janine cannot void the contract
Answer:
Taft-Hartley Act
Explanation:
Taft-Hartley Act is also known as the labour management relations act of 1947 and it restricts the activities and powers of labour unions. It stops unions for engaging in unfair labour practices such as jurisdictional strike, wild strike, political strike, secondary boycotts, and monetary donations to political campaigns.
Robert has violated the Taft-Hartley act by creating a fictional role in the company in order to get his cousin a job.
