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Lubov Fominskaja [6]
3 years ago
11

Question 7 of 10

Business
1 answer:
bonufazy [111]3 years ago
5 0
To keep track of the money in ur checking acc
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Sonia has been asked to act as an external auditor for her clients factory to determine the various liabilities that the client
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Occupational Safety and Health Administration (OSHA) was created to ensure healthy and safe work environments for all workers. Being that the factory did not offer adequate ventilation, the workers could be at risk for harm, and be in violation of OSHA standards.

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Malcolm has several receipts from recent transactions that
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$704.50

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You add the 2 deposits together then you subtract the receipt into the answer of the 2 deposits and there you go.

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Which of the following are criteria for determining whether to record an asset as a fixed asset?
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Answer:must be long lived and used by the company in its normal operations.

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3 years ago
A tax:________.
topjm [15]

Answer:

B) raises the price buyers pay and lowers the price sellers receive.

Explanation:

A tax can be defined as the compulsory levy by the government on the income of an individual or company and the goods and services. It is used to generate income in a country in order to finance the expenditures of the government.

Types of tax

• Income Tax: This is the compulsory levy by the government on the income of an individual.

•Corporate Tax: This is the levy paid by corporate organzation on their Profits.

•Sales Tax: It is levied on goods and services. This type of tax increases the price of a product thereby making buyers to pay more. The sellers receives lower prices because they will deduct tax from what the sellers have paid and pay to the government.

•Property Tax: It is levied on the value of land or property.

•Tariff: Tax paid on imported goods. It is used to discourage importation. An increase in import tariff leads to an increase in price of the Commodity thereby leading to decrease in quantity purchased.

There are three basic tax laws

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6 0
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Kleister Company issues bonds for $100 million and repays a long-term notes payable of $10 million. The company also sells its o
antoniya [11.8K]

Answer:

$97 million cash inflow from financing activities.

Explanation:

Given: Company issue bonds for $100 million

           Repay long term notes payable is $10 million.

           Company sell its own shares= $12 million

           Pay cash dividend= $5 million.

Now, lets calculate the cash inflow from financing activities (CFF)

∴ Formula; Cash inflow from financing activities= \textrm{cash inflow from issuing equity or debt -(cash paid as dividend +repurchase of debt and equity)}

Cash inflow are the item through which cash is flowing in the company.

∴ cash inflow= (\textrm{(cash inflow issuance of bonds and selling own shares)}

Cash inflow= (100+12)= \$ 112\ million

Cash inflow from financing activities= 112-(10+5)= 112-15

Cash inflow from financing activities is $97 million

6 0
3 years ago
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