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4 years ago

Under what circunstancias might you receive a tax refund from the irs

1 answer:

6 0

You would basically receive a tax refund from the IRS if your tax liability is less than the tax you paid for a fiscal year. This means that the tax you owe is less than what you paid for your taxes. Another circumstance is when you are entitled to tax credits. For example, earned income tax credit, child tax credit if you have children, etc. List goes on.

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The manager of the Beach Division of Treat Time is evaluating the acquisition of a new mobile ice cream server. The budgeted ope

Savatey [412]

Answer:

ROI = 10.5%

Explanation:

The ROI of a Division is the portion of then operating assets that is earned by as operating income by it. The higher the better.

Net operating assets = 28,600,000 - 600,000 = 28,000,000

ROI = Income/ Net operating assets × 100

ROI = 2,940,000/28,000,000 × 100

= 10.5%

5 0

4 years ago

Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the

Evgesh-ka [11]

Answer:

7,780 units

Explanation:

When using the weighted-average method in its process costing system we are only interested in the equivalent units of the output in that particular process. Outputs being Units completed and transferred and units in ending work in process.

Units in Ending Work in Progress calculation

Units in Ending Work in Progress = 1,300 units + 8,300 units - 6,800 units

= 2,800 units

Conversion Costs

Units completed and transferred (6,800 x 100%) 6,800

Units in Ending Work in Progress (2,800 x 35 %) 980

Equivalent units of Production - Conversion Costs 7,780

Conclusion

the equivalent units for conversion costs for the month in the first processing department are 7,780 units

3 0

3 years ago

Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States

tresset_1 [31]

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

Learn more here: brainly.com/question/12008240

7 0

3 years ago

A company manufactures various-sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $50

Artyom0805 [142]

Answer:

a. $(8000)

b. Company should choose alternative 1 and make bottles.

Explanation:

Particulars Make Bottles Buy Bottles Differential

Alternative 1 Alternative 2

Purchase Price 0 $37 $(37)

Freight Charges 0 $4 $(4)

Variable cost $33 $33

Fixed Cost $17 $17 0

Cost per unit $50 $58 $(8)

Income / (Loss) $50,000 $58,000 $(8,000)

b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.

7 0

4 years ago

What is ivan's marginal benefit if he decides to stay open for six hours instead of five hours?

Delicious77 [7]

Ivan's marginal benefit if he decides to stay open for six hours instead of five hours is $20. The marginal benefit can be solved by subtracting the total revenue of the equivalent hours.

$550 (6 hours) - $530 (5 hours) = $20

4 0

3 years ago