Po

Marina CMI [18]

Answer:

federal agencies regulate their business

Explanation:

It is not very common for businesses to get a federal license. It only happens once their business is regulated by federal agencies. The application fee will largely depend on the type of activities your business have and your issuing agency.

Business activities that require federal license include the following: alcoholic beverages, aviation, fish and wildlife, agriculture, firearms, maritime transportation, TV and radio broadcasting, mining, nuclear energy, etc.

7 0

4 years ago

Suppose that there is a checkable deposit intoYourBank. Which of the following statements is an accurate description of the chan

maks197457 [2]

Answer: Option (C) is correct.

Explanation:

The required reserves are the reserves that banks have to keep it with central bank. Required reserves are the fraction of Check-able deposits. The required reserves are determined by multiplying the deposited amount with the required reserve ratio.

Required reserves = Deposited amount × Required reserve ratio

Required reserve ratio is set by the central bank.

3 0

3 years ago

Analyzing Revenues and Expenses and Completing an Income StatementNeighborhood Realty. Incorporated, has been operating forthree

Anna007 [38]

Answer:

We have two revenues: comissions earned, and rental services fees. The rest of the items are expenses. We simply have to add up all the revenues and all the expenses, and later, substract the expenses from the revenues. Then, we substract the income tax.

Revenues

Commissions $150,900

Rental Fees $820,000

Total Revenues $970,900

Expenses

Salaries expense $562,740

Commissions expense $35,330

Payroll tax expense $2,500

Rent paid $1,475

Utilities expense $1,600

Promotion and avertising expense $7,750

Miscellaneous expense $5,500

Total Expenses $616,895

Pre-Tax Income = $970,900 - $616,895

= $645,005

Income tax paid = $24,400

Net Income = $645,005 - $24,400

= $620,605

4 0

4 years ago

Which of the following should be done to ensure successful online presentations? A. Don't get lost in the technology. B. To en

ryzh [129]

Answer:

A. Don't get lost in the technology

Explanation:

There must be a point of optimal balance between the technology in place and your online audience. It is important for the one having the presentation to find that balance spot. There must be a point of connection between you and your audience even though it is online, there must be a time when you engage them. If that balance is not done, we say "the person is lost in the technology".

7 0

4 years ago

Read 2 more answers

Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The comp

uysha [10]

Answer:

1. 6,000

2. 7,200

Explanation:

1. Calculation to determine how much of the ending inventory consists of fixed manufacturing overhead cost deferred in inventory to the next period.

Using this formula

Ending inventory=Fixed manufacturing overhead/Units produced*Ending units

Let plug in the formula

Ending inventory=62,000/310*30

Ending inventory=6,000

Therefore how much of the ending inventory consists of fixed manufacturing overhead cost deferred in inventory to the next period is 6,000

2. Preparation of an income statement for the year using variable costing.

IDA SIDHA KARYA Company Variable Costing Income Statement

Units produced cost (130+350+50=530)

Sales $254,800

(280*910)

VARIABLE EXPENSES:

Variable cost of goods sold $148,400

(280*530)

Variable selling and administrative expense $11,200

(280*40)

Contribution margin $95,200

($254,800-$148,400-$11,200)

FIXED EXPENSES:

Fixed manufacturing overhead $62,000

Fixed selling and administrative expense $26,000

Net operating income $7,200

($95,200-$62,000-$26,000)

Therefore the income statement for the year using variable costing is $7,200

5 0

3 years ago