1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kobusy [5.1K]
3 years ago
7

Imari brown is attending community college. she has 1000 of educational expenses. she claims herself on her tax return. she is t

rying to decide between the tuition and fees deduction or an education credit. if imari is in the 15% bracket, which should she chose
Business
1 answer:
wlad13 [49]3 years ago
5 0
Imari Brown should choose $1,000 tax credit since it reduces her taxes by $1,000. Tax credit is a big help for her because it can also reduced her tax by $1000, it is a big saving to her since she still attending community college.
You might be interested in
What careers are in the Information Support and Services career pathway of the IT career cluster? (15 points for you)
yKpoI14uk [10]
I think it’s “help desk specialists, PC support specialists”
6 0
3 years ago
Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market total for inventory applied
Flura [38]

Answer:

<u>c. $2,018.00</u>

Explanation:

Lower of cost or market is the inventory valuation method which requires to record the inventory at a value lower of

  • Initial cost of inventory ( Manufacturing cost or Purchasing cost )
  • Market value of the Inventory ( Net realizable value of the market )

Product__Quantity__Cost per unit__Market per unit___ Lower ____Value

Jelly _____150 ______$2.00 ______2.15___________ $2.00____ $300

Jam _____ 370 _____ $2.65 ______2.50 __________ $2.50 ____ $925

Marmalade 260 _____ $3.10 ______3.05  __________ $3.05 ____ $793

Total Value ___________________________________________<u>$2,018</u>

6 0
3 years ago
Cast Iron Grills, Inc., manufactures premium gas barbecue grills. The company uses a periodic inventory system and the LIFO cost
sammy [17]

Answer:

a) ending inventory:     11,850,000

   cost of goods sold: 25,200,000

  gross profit               25,200,000

b)

ending inventory:     1,800,000

cost of goods sold:  23,100,000

gross profit  50,400,000 - 23,100,000 =  27,300,000

Explanation:

5,200 at $600

4,100 at $700

6,200 at $800

purchase 29,000 at $900

-sold 28,000 grills

As we use LIFO we sale from the last purchase thus, 29,000 - 28,000 = 1,000 of this units are added as another layer for the inventory account

<em><u>ending inventory</u></em>

5,200 at $  600

4,100 at $   700

6,200 at $  800

1,000  at $  900

Total    $ 11,850,000

cost of good sold:

28,000 x $900 = $25,200,000

sales revenue

28,000 x 900 x 200% = $50,400,000

gross profit sales revenue less COGS

b) 5,200 at $600

4,100 at $700

6,200 at $800

<em>purchase 15,500 at $900 </em>

-sold 28,000 grills

we check how many layer deep we go:

28,000 - 15,500 at 900= 12,500

12,500  -  6,200  at 800=  6,300

6,300 - 4,100 at 700      =  2,200  at 600

<em><u /></em>

<em><u>Ending Inventory </u></em>

3,000 at $600 = $ 1,800,000

COGS:

15,500 x 900 + 6,200 x 800 + 4,100 x 700 + 2,200 x 600 = 23,100,000

3 0
3 years ago
You book a hotel online, and the registration process is clear and streamlined. This is an example of a(n) ______________ proces
sveticcg [70]

Answer:

The correct word for the blank space is: automated; high value to customers.

Explanation:

Most online operations nowadays are automated which implies not having an employee behind a computer to satisfy customers' needs since they are too basic that can be all processed with the use of a server. However, the automation does not imply consumers undervalue the help obtained. Otherwise, the automation helps the process be faster which ends up representing high value for most customers.

6 0
3 years ago
HURRY IM TIMED. employer-related information should be treated as
Lostsunrise [7]
A) Confidential gl❤️
3 0
3 years ago
Other questions:
  • What is the major purpose of a bank reconciliation statement?
    7·1 answer
  •   Which of the following business entities would allow you the most personal control?
    14·2 answers
  • When a firm advertises that it only uses recycled paper products it is ________. meeting its legal obligations meeting its socia
    12·1 answer
  • Starling Co. is considering disposing of a machine with a book value of $12,500 and estimated remaining life of five years. The
    5·1 answer
  • Research shows that legal action is taken against fraud perpetrators in: Group of answer choices Almost all fraud cases. More th
    14·1 answer
  • The three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,
    6·1 answer
  • Bonita Industries is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Bonita made pa
    15·1 answer
  • You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:
    9·1 answer
  • During March, the production department of a process operations system completed and transferred to finished goods 27,000 units
    9·1 answer
  • Y he half glasses???
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!