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3 years ago

8

Ralph and simone do business as tech troubleshooters, a partnership. in most states, for the purposes of collecting judgments an

d having accounting performed, tech troubleshooters would be treated as?

1 answer:

aivan3 [116]3 years ago

3 0

<span>The tech troubleshooters would be treated as "</span>Entity"

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Mountain High Ice Cream Company transferred $74,000 of accounts receivable to the Prudential Bank. The transfer was made without

quester [9]

Answer:

Would handle this 2moro

Explanation:

7 0

3 years ago

Read 2 more answers

Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. a. True b. False

Olenka [21]

it is false that Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021.

The term EIP3 refers to an early payment of next year's Recovery Rebate Credit.

The Recovery Rebate Credit means a tax credit that is designed to help the taxpayers during a time of disaster, that is, its gives an advance of the credit means so that the money they will get at tax time is available much sooner.

Hence, it is false that Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021.

Therefore, the Option B is correct.

Read more about EIP3

<em>brainly.com/question/2135349</em>

7 0

3 years ago

Read 2 more answers

Item Skipped Item 10 Assume a company makes four products (A, B, C, and D) in a single facility. Data concerning these products

stellarik [79]

Answer:

The company should be willing to pay less than $4.20 for one additional minute of milling machine time.

Explanation:

a) Data and Calculations:

Product Product Product Product

A B C D

Selling price per unit $42.30 $50.00 $37.60 $33.50

Variable manufacturing cost per unit $20.80 $30.70 $21.00 $19.90

Variable selling cost per unit $2.70 $2.10 $1.00 $2.40

Total variable costs per unit $23.50 $32.80 $22,00 $22.30

Contribution per unit $18.80 $17.20 $15.60 $11.20

Milling machine minutes per unit 3.30 4.10 2.60 1.30

Contribution per minute $5.70 $4.20 $6.00 $8.62

Monthly demand in units 1,000 4,000 3,000 3,000

Minutes required 3,300 16,400 7,800 3,900

Best use of existing minutes 2,300 0 7,800 3,900

Additional minutes required 1,000 16,400 0 0

Total minutes required = 31,400

Minutes available = 14,000

Minutes to buy = 17,400

Lost contribution from:

Product A = (1,000 * $5.70 = $5,700

Product B = (16,400 * $4.20 = 68,880

Total lost contribution $74,580

Required time to produce lost contribution = 17,400

Estimated to pay for additional minute = $4.29 ($74,580/17,400)

3 0

3 years ago

On August 15, it sold 30 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after

kirill [66]

Answer: $210

Explanation:

When using the First In First Out (FIFO) method of Inventory Valuation, the company sells the goods that it acquired earliest first and then sells the goods acquired later last.

This company sold 30 units on August 15.

That would mean that using FIFO, the company sold all of its August opening inventory of 15 units. It also sold all 10 units purchased on August 5th and then sold 5 units from the August 12th purchase of 20 units.

= 15 + 10 + 5

= 30 units

This means that the only units left are;

= 20 - 5

= 15 units of the August 12th purchase are left.

Units cost $14 each.

Value of Inventory after sale = 15 units * 14

= $210

6 0

3 years ago

Marilyn, a Certified Fraud Examiner, is reasonably sure that Shelly, her primary suspect, committed the fraud in question. Befor

postnew [5]

Answer:

The correct answer is letter "B": That no other person was involved in the fraud in question.

Explanation:

In admission-seeking interviews, a professional interviews an individual that is alleged of being part of a fraud. It is vital for the interviewer to have knowledge on the facts that led to the fraud and beginning from there to have a well-thought series of questions that may allow to confirm if the individual is guilty or not. Before the interview, it is not so important to know if another person was involved in the fraud because that is something the professional might find out during the interrogation.

7 0

4 years ago