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Serggg [28]
3 years ago
15

This business pays income taxes on the sales of its products each year. This is:

Business
2 answers:
zmey [24]3 years ago
6 0

Answer:

is this a true-false question?

Explanation:

coldgirl [10]3 years ago
5 0

Explanation:

what is the question??

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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
eimsori [14]

Answer:

The correct answer is $800

Explanation:

Giving the following information:

Fulbright Corp. uses the periodic inventory system.

Fulbright made the following purchases (listed in chronological order of acquisition):

· 40 units at $100

· 70 units at $80

· 170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

Ending inventory= [(100 + 80 + 60)/3]*10

Ending inventory= 80*10= $800

6 0
3 years ago
A bank has $50 million in assets, $47 million in liabilities and $3 million in shareholders' equity. If the duration of its liab
Alisiya [41]

Answer: 1.222

Explanation:

The Average duration can be derived from the formula:

Assets * Average Duration = Liabilities * Duration of Liabilities

Average Duration = (Liabilities * Duration of Liabilities) / Assets

= (47,000,000 * 1.3) / 50,000,000

= 61,100,000 / 50,000,000

= 1.222

5 0
2 years ago
Which answer applies to "fine print"?
Kay [80]

Answer:

D. All of the Above

hope this helps!

6 0
3 years ago
Sales is $90 per unit; direct material is $30 per unit; direct labor is $12 per unit; overhead is $5 per unit and $2,100 per mon
AVprozaik [17]

Answer:

$10

Explanation:

7 0
2 years ago
Which of these items is a tax deduction?. a)cash awards. b)interest from bonds. c)interest on a home mortgage
wolverine [178]
C)interest on a home mortgage
5 0
3 years ago
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