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DiKsa [7]
3 years ago
8

2020 Advanced Exam - Advanced Scenario 7: Travis and Sylvia Kennedy - Question 2 of 9. 21. The total taxable interest on Form 10

40 is $_____________. (Do not enter dollar signs, commas, periods, or decimal points in your answer.)
Business
1 answer:
vlabodo [156]3 years ago
6 0

Answer:

$140

Explanation:

Form 1040 is used to report IRS about the taxable income that U.S. tax payers has received. It is a form of Income tax in United States. The form must be filled and signed by 15th April every year.

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Mallory Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 1
Ghella [55]

Answer:

The answer is D

Explanation:

Solution:

Recall that:

Malloy Furniture purchases two products: Big shelves B and Medium shelves M

The cost of big shelf is =$500

The space required = 100 cubic feet

The cost of each medium shelf is =$300

Storage space = 90 cubic feet,

Now,

Since the values 100 and  90 is greater than 18000 cubic feet available for storage, what is required would be 100 big shelves and 100 medium shelves

5 0
3 years ago
One component of pension expense is actual return on plan assets. plan assets include only assets reported on the balance sheet
Yuki888 [10]
<span>The correct answer is:  [D]:
________________________________________________________
     "assets that a company holds to earn a reasonable return, generally at minimum risk."
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8 0
4 years ago
The income statement for Splish Traveler Company shows cost of goods sold $307,000 and operating expenses (exclusive of deprecia
enyata [817]

Answer:

a. $349,700

b. $209,900

Explanation:

The computation is shown below:

Before computing the cash payment made to supplier first we have to find out the purchase amount which is shown below:

(a) Change in Finished goods + purchase = Cost of goods sold

-$25,800 + purchases = $307,000

So, the purchase is $332,800

Now

Cash paid to supplier is

= $332,800 + $16,900

= $349,700

And,

(b) Cash paid for operating expenses is

= $229,000 - $8,000 - $11,100

= $209,900

5 0
3 years ago
When input costs increase
sveticcg [70]
There is a movement up along an existing supply curve
4 0
3 years ago
Read 2 more answers
Weight-Gone offers a guaranteed weight loss of 8 pounds in one week without dieting or exercise. Thousands of customers purchase
kupik [55]

Answer:

Arrange for discussions with the customers including the possibility for full refund

Explanation:

Weight-Gone has failed in its promise of 8 pounds weight loss,hence a saving-grace approach would be to have cordial talks with the affected customers in order to establish their plight which will serve as a feedback for the quality team and the product design department in redesigning the product to make it fit for purpose.

Full refunds should also be arranged in order to show the company as been a responsible and trusted corporate citizen.

8 0
3 years ago
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