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nevsk [136]
3 years ago
13

Hunter has always been great at math. He has an accounting degree and wants to work for the federal government in the Governance

and Public Administration career cluster. Which government agency should Hunter apply to? United States EmbassyUnited Postal ServiceMunicipal Taxation DepartmentInternal Revenue Service
Business
2 answers:
rusak2 [61]3 years ago
4 0
United States EmbassyUnited Postal ServiceMunicipal Taxation Department<span>Internal Revenue Service? 
 
which one

</span>
jeyben [28]3 years ago
4 0

Hunter has always been great at math. He has an accounting degree and wants to work for the federal government in the Governance and Public Administration career cluster. Which government agency should Hunter apply to? Internal Revenue Service.

The Internal Revenue Service is better known by Americans as the IRS. The IRS is the nation's tax collection agency and administers all Internal Revenue Code's that were established by Congress. Since Hunter is good at math and has an accounting degree where he wants to work for the federal government. The IRS and the jobs that are offered within the IRS seem to match what Hunter wants to do with his degree.

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Five independent projects consisting of reinforcing dams, levees, and embankments are available for funding by a certain public
Alex777 [14]

Answer:

the correct answer is option (b).

Explanation:

Equivalent annual benefits and annual cost of each project is provided.

Calculate B-C ratio of project A -

Annual benefits = $1,800,000

Annual costs = $2,000,000

B-C ratio = Annual benefits/Annual costs = $1,800,000/$2,000,000 = 0.90

The B-C ratio of Project A is 0.90.

Calculate B-C ratio of project B -

Annual benefits = $5,600,000

Annual costs = $4,200,000

B-C ratio = Annual benefits/Annual costs = $5,600,000/$4,200,000 = 1.33

The B-C ratio of Project B is 1.33.

Calculate B-C ratio of project C -

Annual benefits = $8,400,000

Annual costs = $6,800,000

B-C ratio = Annual benefits/Annual costs = $8,400,000/$6,800,000 = 1.24

The B-C ratio of Project C is 1.24.

Calculate B-C ratio of project D -

Annual benefits = $2,600,000

Annual costs = $2,800,000

B-C ratio = Annual benefits/Annual costs = $2,600,000/$2,800,000 = 0.93

The B-C ratio of Project D is 0.93.

Calculate B-C ratio of project E -

Annual benefits = $6,600,000

Annual costs = $5,400,000

B-C ratio = Annual benefits/Annual costs = $6,600,000/$5,400,000 = 1.22

The B-C ratio of Project E is 1.22.

It has been stated that the agency is willing to invest money in any project as long as the B-C ratio is at least one.

The B-C ratio of project A and D are less than 1. So, they will not be considered.

Out of remaining three project, B-C ratio is highest in the case of Project B.

So, Project B will be selected.

Hence, the correct answer is option (b).

7 0
4 years ago
When a company uses the allowance method of accounting for uncollectible receivables, the entry to reinstate a previously writte
DochEvi [55]

Answer: When a company uses the allowance method of accounting for uncollectible receivables, the entry to reinstate a previously written off account would include: <u>"C. A debit to Allowance for Doubtful Accounts".</u>

<u />

Explanation: Registration would be: Debit to "Allowance for Doubtful Accounts"  and Credit to "Accounts Receivable".

Example:

--------------------------------------- . -----------------------------------

Allowance for Doubtful Accounts     100

                   Accounts Receivable                100

--------------------------------------- . ------------------------------------

4 0
4 years ago
Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1
yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue     $30,400

Expenses                   13,800

Net Income             $16,600

Dividends                   (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings    $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash                       $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense  (13,800)

Cash dividend    (2,100)

Cash balance  $14,500

5 0
3 years ago
Cyber Security Systems had sales of 3,300 units at $65 per unit last year. The marketing manager projects a 20 percent increase
olya-2409 [2.1K]

Answer:

$324,324

Explanation:

Next year projected sales = 3300 * ( 1 + 0.20)

= 3300 * 1.20

= 3960 units

Next year price = 55 * (1+0.40)

= 65 * 1.40

= $91

Total sales = 3960 * $91

Total sales = $360,360

Sales return = $360,360  * 10%  = $36,036

Net sales = Total sales - Sales Return

Net sales = $360,360 - $36,036

Net sales = $324,324

6 0
3 years ago
For a company using target costing, market price minus profit equals target price.
Pachacha [2.7K]

Answer:

For a company using target costing, market price minus profit equals target cost and not target price.

The correct answer is False

Explanation:

Target cost is the excess of market price over target profit margin. In target costing, the company does not fix the selling price because selling price is determined by the market.

6 0
4 years ago
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