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3 years ago

Oneoftherolesof commercial enterprise on behalf of the government?

Business

1 answer:

dedylja [7]3 years ago

8 0

Answer:

To embark and oversee the specified business dealing of the government

Explanation:

Commercial enterprise maybe explained as establishments, business setups which are created with the aim of providing services, sell and market goods and other revenue generating activities. The commercial enterprises may also be in agreement with other companies to sell, market or distribute in their behalf. The government may, in a bid to provide adequate monitoring and management of some of its properties, income source or setups, they may engage the services of a commercial enterprise to manage a d oversee the functions and running of the business whereby government pays the enterprise for its services depending on the agreed terms and conditions.

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Pronghorn Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of 53,100 tons of

vitfil [10]

Answer:

A.20per ton

B.141,600

C.389,400

Explanation:

($856,800+$97,200-$108,000+$216,000)/53,100 tons

=$1,062,000/53,100

= 20per ton

(b)

Resources removed totaled 26,550 tons

Less company sold 19,470 tons.

Balance 7,080 tons

Hence

Inventory 20*7,080

=141,600

(c)

20* 19,470 tons

=389,400

4 0

3 years ago

Last year Almazan Software reported $10.500 million of sales, $6.250 million of operating costs other than depreciation, and $1.

castortr0y [4]

Answer: -($0.5025) million

Explanation:

As depreciation is expected to increase this year by $0.670 million.

Therefore,

Expenses will increase and will result in decrease in income before tax by $0.670 million.

Additional tax saving on increase in depreciation = $0.67 × 25%

= $0.1675 million

Hence,

Total change in net income = -($0.67) + $0.1675

= -($0.5025) million

8 0

3 years ago

Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of lan

Juli2301 [7.4K]

Answer:

net cash flow 26,800

Explanation:

NOTE: missing information attached.

Operating

net income 104,000

removal of non-monetary terms

depreciation expense 37,000

loss on sale of land 9,000

adjusted net income 150,000

<u>Changes in working capital:</u>

Increase in AR (22,000)

Decrease in Inventory 40,000

Prepaid increase (7,200)

Decrease in AP (16,000)

decrease interest paayble (5,000)

increase in tax payable 1,000

net change in working capital (9,200)

net cash generated from operating 140,800

investing

sale of land 31,000

purchase of debt securities (115,000)

cash used in investing activities 84,000

financing

cash dividends (30,000)

cash used in financing activites 30,000

net cash flow 26,800

beginning cash 227,800

ending cash 254,600

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3 years ago

All of the following should generally be included as taxable income on Schedule 1 (Form 1040), line 21, EXCEPT: Reimbursement re

Lapatulllka [165]

Answer:

Answer is Option 2: Life insurance proceeds received after the death of a spouse.

Explanation:

Life insurance proceeds are generally not taxable. They are paid after insurer's death. It would only be taxable if the policy was given to the spouse for a price. Even if proceeds are paid under accidental policy or health insurance policy, they are not taxable. Proceeds are always paid as a lump sum amount and not in installments.

Other given options, 1, 3 and 4 like reimbursement for medical expenses, taxable portion of a disaster relief payment and dividends exceeding net premiums paid are taxable.

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3 years ago

In one paragraph highlight the characteristics of an entrepreneur

DIA [1.3K]

Answer:

Im not going to type a whole paragraph but ill give you some ideas.

Explanation:

An entrepreneur is someone who does many things like owning a buisness or having many hobbies .

7 0

2 years ago

Read 2 more answers

Oneoftherolesof commercial enterprise on behalf of the government?​

Oneoftherolesof commercial enterprise on behalf of the government?