Answer: Option (B) is correct.
Explanation:
Product costs are the that are incurred during the production of a product. Various costs are involved in this product cost such as direct labor cost, consumable production supplies, direct material, etc. It is calculated by multiplying the cost driver rate to the number of the units of cost driver that are used in the production of each product.
Cash equivalents do not include High-grade marketable equity securities.
Examples of cash equivalents include industrial paper, Treasury payments, and quick-time period government bonds with an adulthood date of 3 months or much less. Marketable securities and money marketplace holdings are taken into consideration as coin equivalents because they may be liquid and not subject to fabric fluctuations in cost.
Cash consists of prison soft, payments, coins, assessments received however no longer deposited and checking and savings debts. Coins equivalents are any short-time period investment securities with maturity intervals of 90 days or much less.
In keeping with worldwide Accounting popular 7 (IAS 7), cash “contains cash accessible and demand deposits”. And coins equivalents “are quick-term, quite liquid investments which are readily convertible to acknowledged amounts of coins and which are a challenge to a trifling hazard of modifications in price”.
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Answer:
On her way to work, Emma reaches an intersection without signs or signals. After stopping completely, she should look around all the sides for the traffic. She should make sure there is no traffic coming, then she look for the Zebra Crossing, if there is any, then she should try crossing it, when the traffic allows her doing so, otherwise, she needs to make sure when it is safe to cross the junction in all ways, making sure that traffic stops for her when she cross the road. She needs to demonstrate the patience which is the main key here.
Answer:
D) $40,000
Explanation:
The Joneses qualify for a Section 121 exemption since they lived at their house for 20 years. They are exempted from paying capital gains taxes on the first $500,000 ($250,000 if single) in realized gains from selling their home.
Joneses taxable gain = $750,000 (sales price) - $210,000 (basis) - $500,000 (section 121) = $40,000
They will have to recognize only $40,000 in gains.
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