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3 years ago

The fact that more than one type of economic system exists in the world today is attributable MAINLY to the fact that

Business

1 answer:

eduard3 years ago

6 0

Answer:

Explanation:

Different economic systems were created in the past to solve different issues/problems in separate conditions from other countries

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A good example of ___________________ is a real estate business that shares data on new home purchases between the unit that sel

Ghella [55]

A good example of a market data approach is a real estate business that shares data on new home purchases between the unit that sells insurance for the home and the business unit that sold the home. A market data approach allows businesses to find and sell to consumers that fit the description of their products. They can read market data that is collected from one agency and use it to sell them their product as well because they are hand in hand products.

5 0

3 years ago

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo

Sergeeva-Olga [200]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The journal entries are shown below:

a. No journal entry required

b. Miscellaneous expense A/c Dr $16

To Cash A/c $16

(Being service charges is paid)

c. Cash A/c Dr $9 ($476 - $467)

To Utilities expense A/c $9

(Being correction is recorded)

d. No journal entry required

The preparation of the bank reconciliation statement is presented in the spreadsheet. Kindly find the attachment below:

8 0

3 years ago

What is a key factor you should consider when determining asset allocation

scoray [572]

Answer: Did u find out the anser?

Explanation: Im taking the quiz now

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2 years ago

Patrick patrone (single, 2 allowances), $925 wages __________ carson leno (married, 4 allowances), $1,195 wages __________ carli

Furkat [3]

Solution and Explanation:

1) Patrick patrone

Single and 2 allowances $=\$ 925-\$ 155.80-\$ 155.80=\$ 613.40$

It falls under the category of Over $509 but under $1,631

The amount of income tax that he withholds is $36.70 + 12% of excess over $509

$\$ 36.70+12 \%(\$ 613.40-\$ 509)=\$ 36.70+12 \% \text { of } \$ 104.40=\$ 36.70+\$ 12.53=\$ 49.23$

The amount to withhold for Federal income tax is $49.23.

2) Carson Leno, married and 4 allowances

= $1,195 - $155.80 - $155.80 - $155.80 - $155.80 = $571.80

The wages falls under the category of Over $444 but under $1,177.

The amount of income tax that he withholds is $0 + 10% of excess over $444.

$\$ 0+10 \%(\$ 571.80-\$ 444)=\$ 0+10 \% \text { of } \$ 127.20=\$ 0+\$ 12.72=\$ 12.72$

The amount to withhold for Federal income tax is $12.72

3) Carli lintz single, zero allowances and wages is $700.

$700 - $0 = $700 (zero allowance)

The wages falls under the category of Over $509 but under $1631.

The amount of income tax to withhold is $36.70 + 12% of excess over $509

$\$ 36.70+12 \%(\$ 700-\$ 509)=\$ 36.70+12 \% \text { of } \$ 191 .=\$ 36.70+\$ 22.92=\$ 59.62$

The amount to withhold for Federal income tax is $59.62.

4) Gene hartz. Single, 1 allowance and $2,500 wages.

$2,500 - $155.80 = $2,348.20

The wages fall under the category of Over $1,631 but under $3,315

The amount of income tax to withhold is $171.34 + 22 % of excess of $1,631 $\begin{aligned}&\$ 171.34+22 \%(\$ 2348.20-\$ 1631)=\$ 171.34+22 \% \text { of } \$ 717.20 .=\$ 174.34+\$ 157.78=\\&\$ 332.12\end{aligned}$ The amount for Federal income tax is $332.12

5) Mollie Parmer. Married, 2 allowances and wages is $3,600

$\$ 3,600-\$ 155.80-\$ 155.80=\$ 3,288.40$

The wages falls under the category of Over $1,177 but under $3,421

The amount of income tax to withhold is $\$ 73.30+12 \%$ of excess over $\$ 1,177$ $\begin{aligned}&\$ 73.30+12 \% \text { of }(\$ 3,288.40-\$ 1,177) .=\$ 73.30+12 \% \text { of } \$ 2,111.40 .=\$ 73.30+\$ 253.37=\\&\$ 326.67\end{aligned}$ The amount for Federal income tax is $326.67.

NOTE : - the withholding allowance is deducted from the wages, the amount of single allowance is $155.80.

6 0

3 years ago

Since the costs of producing an intermediate product do not change regardless of whether the intermediate product is sold or pro

Snowcat [4.5K]

Answer: a) true

Explanation:

The costs incurred to produce the intermediate products have already been incurred and as such are referred to as sunk costs.

They will not change regardless of whether the good is sold before further processing or if it is sold after. They therefore do not matter in the decision to either process or sell and so are not considered.

8 0

3 years ago