Answer:
within 7-10 days of receiving your tax return, and process paper checks within about two weeks.
Explanation:
Answer and Explanation:
The preparation of the multiple-step income statement is shown below:
Net Sales $2,415,700
Less: Cost of goods sold $1,314,300
Gross profit $1,101,400
Less: Operating expense -$736070
Operating income $365,330
Other revenue
Add: Interest revenue $31,590
Other expense
Interest expense $74,650
Loss on disposal of plant assets $18,990 $93,640 -$62,050
Net income $303,280
Answer:
$677,000,000
Explanation:
The computation of pension expenses is shown below:-
Pension expenses = Service cost + Interest on PBO - Return on plan assets + Amortization of prior service cost - Amortization of net loss
= $366,000,000 + $737,000,000 - $593,000,000 + $13,000,000 - $154,000,000
= $677,000,000
Therefore for computing the pension expenses we simply applied the above formula so that the correct amount could come
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
Answer:
B. Because cash equivalents are less liquid than cash, they must be reported separately from the Cash account
Explanation:
The <em><u>combined amount of cash and cash equivalents</u></em> will be reported on the balance sheet as the first line item in the section with the heading current assets.
These cash equivalents are short-term, highly liquid investments with a maturity date that was 3 months or less at the time of purchase.
In other words, there is very little risk of collecting the full amount being reported.
