Answer:
December 31,
DR Payroll Tax Expense...........................................$18,670
CR Social Security Taxes Payable..........................................$13,200
Medicare Taxes Payable....................................................$3,300
Federal Unemployment Tax Payable...............................$280
State Unemployment Tax Payable...................................$1,890
Federal Unemployment tax = 0.8% * 35,000 = $280
State Unemployment tax = 5.4% * 35,000 = 1,890
Answer:
Consumer Products Division's residual income in May is $2,600
Explanation:
Residual Income is the dollar amount of the divisional operating profit over its cost of acquiring capital to purchases its operating assets.
Residual Income = Operating Income - (Operating Assets × Cost of Capital)
Therefore,
Residual Income = $133,100 - ($1,450,000 × 9.00%)
= $2,600
Answer:
1) True
Explanation:
Generally pooled investments like mutual funds issue their own shares that basically include the value of all the securities that the pool has invested in. If you invest $2,000, then you are given shares that represent $2,000 in investments. if the value of the investment rises 10%, the value of your shares will increase to $2,200 (10%).
April 21st zodiac constellation is "Taurus".
Those belonging to "Taurus" zodiac are characterized by a stable and determined personality. They always set a goal for themselves and there is no limit to the effort they will exert to reach this goal. They usually desire stability and appreciate the beauty of nature.
Answer:
Incorrect
Explanation:
The Bard company has paid millions of dollar of consideration and requires that the Philip Conway Inc. would transfer the ownership of the RM Corporation to Bard. The court dismissed the case and said that the subsidiary is the property of Bard now because their was a flow of consideration from the part of Bard.
