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3 years ago

Which of the following is an example of a service or program paid for by

Business

2 answers:

icang [17]3 years ago

6 0

Answer:

C. The United States military

Explanation:

Federal income taxes refers to the taxes levied on incomes by the federal government. All citizens and corporates must pay taxes on the income earned. Federal income tax is set as a percentage of the gross income.

The collected federal income taxes becomes the revenue for the federal government. The federal government uses taxes in the provision of public goods and services in the entire country. Defense and national security docket is one of the sectors that consume a big percentage of federal revenue.

erik [133]3 years ago

6 0

Answer:

The answer is C

Explanation:

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Blossom Electric sold $3,800,000, 8%, 10-year bonds on January 1, 2020. The bonds were dated January 1 and pay interest annually

katovenus [111]

Answer:

Dr cash $3 914 000 Cr bond premium $114 000 cr Bonds payable $3800000

Explanation:

Bond sold at a premium

$3800000(103%)=$3 914 000

Bond premium =Bond sold at Premium-Par value bonds

$3 914 000-$3 800 00=$114 000

then the par value bond =$3800000

8 0

3 years ago

How would you ensure that proper plans are installed for the creditors section which was been managed poorly in the future?

Natalija [7]

I'm not sure whether you have any options, but here are some of the ways you can ensure that proper plans are installed for the creditors section in the future:
1. Proper handing and monitoring of resources which includes systems, documentation, and procedures - this is very important, to take care of everything so that there are no mistakes
2. Finances must be reviewed correctly, either it is external or internal - unless you do this, you are facing a risk of losing yours, as well as creditors' money
3. Perform and conduct series of simulations before actual implementation - you need to know whether your changes will work before you actually introduce them

5 0

3 years ago

Consider the following: Lumber Revenues, $120,000; Hardware Revenues, $90,000; Cost of Sales, $130,000; All other costs and expe

ANEK [815]

Answer:

19.05%

Explanation:

Data provided in the question:

Lumber Revenues = $120,000

Hardware Revenues = $90,000

Cost of Sales = $130,000

All other costs and expenses = $35,000

Investment Income = $8,000

Income Tax Expense = $13,000

Net Income = $40,000

Now,

The net profit margin = [( Net income) ÷ (Total revenue ) ] × 100%

The net profit margin = [ $40,000 ÷ ( $120,000 + $90,000 ) ] × 100%

The net profit margin = [ $40,000 ÷ $210,000 ] × 100%

The net profit margin = 0.1905 × 100%

The net profit margin = 19.05%

5 0

2 years ago

On January 1, 2021, Everglade Company purchased the following debt securities and properly accounted for them as securities avai

hammer [34]

Answer:

Unrealized gain = $12,000

Explanation:

Security Cost A Fair value B Unrealized amount (B-A)

ABC $40,000 $55,000 $15,000

DEF $72,000 $65,000 -$7,000

XYZ $16,000 $20,000 <u>$4,000</u>

Total <u>$12,000</u>

So, the unrealized gain to be recorded is $12,000

4 0

2 years ago

What is the risk you are taking when investing in bonds? How can you minimize this risk?

viva [34]

Answer:

Risk: The bonds you own will decline if interest rates rise, interest rate risk.

Minimalize:

- Don't buy bonds when interest rates are low or rising. Buy when stable.

- Stick to short term issues (3 - 5 years)

- Buy bond with different maturity dates

Explanation:

Good luck <3

3 0

3 years ago