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2 years ago

How can you determine an independent contractor?

Business

2 answers:

tensa zangetsu [6.8K]2 years ago

8 0

Answer:

Explanation:

nika2105 [10]2 years ago

7 0

Answer:

Explanation:

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You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifical

Alex777 [14]

Answer:

a. The Debit column is correctly stated.

b. The Credit column is understated by $17,300 ($8,650 * 2).

c. The Automobiles account balance is correctly stated in the trial balance.

d. The Accounts Payable account balance is understated in the trial balance by $17,300 ($8,650 * 2).

e. If the Debit column total of the trial balance is $200,000 before correcting the error, the total of the Credit column before correction is $182,700.

Explanation:

This mistake is an Error of Commission. It is a problem of arithmetical accuracy, for example, posting to the wrong side of one ledger account. In this case, the Accounts Payable should have been credited with the amount of $8,650. As an arithmetic error, it can only be corrected by doubling the affected amount on the Credit side of the Accounts Payable account.

3 0

3 years ago

International Imports (I2) pays an annual dividend rate of 10.40% on its preferred stock that currently returns 13.94% and has a

dangina [55]

Answer:

$74.61

Explanation:

The computation of the value of preferred stock is shown below:

Value of preferred stock = Annual dividend ÷ return of preferred stock per share

= 10.40% × 100 ÷ 13.94%

= $74.61

Simply we divide the annual dividend by the value of preferred stock per share so that the correct value of preferred stock can be computed

7 0

3 years ago

1. Answer the below question based upon the following information on Fitbit: Fitbit Year0 Year1 RRF 2% Initial Investment -$5,00

Volgvan

Answer:

$8.53

Explanation:

As per the data given in the question,

Total sales

= 150,000 × $400

= $60,000,000

Variable = $37,500,000

Fixed cost = $1,000,000

Depreciation = $1,500,000

Tax rate = 35% = 0.35

Net Income = (Sales - Variable - Fixed cost - Depreciation) (1 -Tax rate)

= ( $60,000,000 - $37,500,000 - $1,000,000 - $1,500,000)(1 -0.35)

= $13,000,000

Price per share

= Net income ÷ Existing Fit-bit shares

= $13,000,000 ÷ 2,000,000

= $6.5

Total IPO value = Pre-IPO value + Post-IPO value

= [$91,100,000 + (6.5 × 36,500,000)] ÷ ( 2,000,000 + 36,500,000)

= $8.53

We simply applied the above formula

3 0

3 years ago

The United States enjoys a free market economy in which _____.

Mnenie [13.5K]

Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers

4 0

3 years ago

Which of the following would be considered an assurance engagement?

yarga [219]

Answer: Option (E)

Explanation:

Assurance engagement tends to refer or mean that an engagement, under which an individual or practitioner tends to express a conclusion, that is designed in order to enhance the level or degree of confidence of user or the intended user, apart from the responsible individual about the result or outcome of measurement or evaluation of the subject matter against the stated criteria.

5 0

3 years ago