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fredd [130]
3 years ago
5

Goodwill messages should not be​ ________.

Business
1 answer:
pashok25 [27]3 years ago
6 0
<span>Goodwill messages should always be without a direct business purpose. If you are on a goodwill mission it should never be done to increase your business but in an effort to support a cause and show compassion.</span>
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On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R
Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit     Cash                 $29,000

Credit       Common Stock               $29,000

(issuing common stock for cash that will increase the cash)

2. Debit    Cash                               $44,000

   Debit    Accounts Receivable    $39,000

 Credit           Service Revenue                   $83,000

(Provided services on account and cash)

3. Debit    Salaries expense            $32,000

Credit               Cash                                     $32,000

(Paid salaries to workers)

4. Debit    Prepaid Rent                   $21,000

Credit               Cash                                     $21,000

(Paid rent in advance for cash)

5. Debit    Supplies                          $31,000

Credit                  Accounts payable            $31,000

(Purchase supplies on account means liability will increase)

6. Debit    Dividends                        $2,900

Credit                   Cash                                 $2,900

(Paid cash dividends to the shareholders)

7 0
3 years ago
An econmic model should capture
insens350 [35]

Answer:

The right answer is C.

Explanation:

In an economic model, economic processes of a set of related variables are represented, they present arguments to justify economic policy at the national level, influence business strategies and provide economic advice to households.

Helping the correct allocation of resources both public and business management.

8 0
3 years ago
Nancy sold three capital assets that were held for investment. She sold stock in ABC Corporation for a gain of $10,000; stock in
wlad13 [49]

Answer:

D) $3,000 deduction against ordinary income with a $5,000 capital loss carried forward to offset income for next year

Explanation:

Note: This question is not complete as it does not include the options. The complete question is therefore presented before answering the questions follows:

Nancy sold three capital assets that were held for investment. She sold stock in ABC Corporation for a gain of $10,000; stock in XYZ Corporation for a gain of $2,000; and corporate bonds for a loss of $20,000. Assuming all of the investments had a long-term holding period, how will the transactions be treated for tax purposes?

A) Gain of $12,000 taxed at 15% and a loss of $20,000 deductible against ordinary income

B) Net loss of $8,000 that is fully deductible against ordinary income in the current year

C) Net loss of $8,000 that results in no deduction in the current year, but can be carried forward to offset capital gains for the next year

D) $3,000 deduction against ordinary income with a $5,000 capital loss carried forward to offset income for next year

The explanation to the answer is therefore presented as follows:

The first step is to compute the net capital gain (loss) is as follows:

Particulars                                                                            $  

Gain from the sale of stock in ABC Corporation          10,000

Gain from the sale of stock in XYZ Corporation            2,000

Loss from the sale of corporate bonds                     <u>  (20,000)  </u>

Net capital gain (loss)                                              <u>     (8,000)  </u>

In the US, individuals are allowed to use up to $3,000 to reduce their taxable income in the first year of the loss, while the remaining capital losses will be carried over to the next years.

From the net capital gain computed above, the correct option is D. That is, the $8,000 loss will be treated for tax purposes as a $3,000 deduction against ordinary income in the current year with the remaining $5,000 capital loss carried forward to offset income for next year.

6 0
3 years ago
Sunny Day Manufacturing Company has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2
seropon [69]

Answer:

Alpha Moose Transporters's retained earnings breakpoint is B. $1,655,556

Explanation:

Addition to retained earnings = $745,000

Weight of equity = 45%

Retained earnings breakeven = $745,000 / 45%

= $1,655,556.

Retained earnings breakeven is $1,655,556.

7 0
3 years ago
Read 2 more answers
Use your knowledge of the common wind types to complete the blanks in the sentences below.
Liula [17]

Answer:

a). <u>Chinook</u> winds are created when cold air descending the sheltered (leeward) side of the Rockies is warmed by compression.

b). A circulation pattern consisting of a light wind blowing into the city from the countryside is characteristic of a <u>country breeze</u>.

c). A <u>sea breeze</u> is the result of the air over land heating, expanding, and rising, thereby creating a low-pressure area into which cooler air from over the ocean can move.

d). Heated air from mountain slopes gliding up along that slope results in a <u>Valley breeze</u>.

Explanation:

The given blanks have correctly been filled with terms matching the definitions provided. 'Chinook' is described as the descending warm, dry wind on the eastern side of the Rocky Mountains that generally blow from the southwest and can rapidly increase the temperature due to the much warmer air it brings. While country winds are the light winds that blow towards the city from surrounding countries. Sea breezes are defined as the air blowing off the sea on the nearby land and make the area cooler. Valley breeze is the warm air that blows up towards the slopes.

3 0
3 years ago
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