Answer:
b) False
Explanation:
Retailers can be defined as an agent of the distribution of goods and services from the wholesaler to the end users or consumers.
This ultimately implies that, the retailers often buy directly from the wholesaler and sells directly to the end users or consumers and as such, retailers are not saddled with the responsibility of buying these goods in larger quantities and storing in a warehouse as compared with a wholesaler who buys and stores in the warehouse.
Hence, warehouses are generally not one of the most expensive rental facilities for a retail business.
C is your answer C) master budget
Answer and Explanation:
The computation of the taxable income in each states is shown below:
a. For state 1
= Apportionable income ÷ number of states
= $555,000 ÷ 3
= $185,000
b. For state 2
= Apportionable income ÷ number of states
= $555,000 ÷ 3
= $185,000
c. For state 3
= $185,000 + $75,000
= $260,000
The statement above is TRUE.
A company which produce a product that is consumed immediately usually have direct contact with customers. And in this kind of situation, the relationship between the customers and the company officials tend to be informal. The company tend to be flexible in their relationship with customers and the structure of such companies tends to be decentralized. Also, the company services tend to be dispersed and horizontal communication usually have preeminence over other type of communication.<span />
Answer:
Millie doesn't owe any type of penalty, she owes taxes but not a penalty. Her 2020 withholdings were $36,910, which is almost 25% higher than her previous tax liability ($29,570).
The IRS can penalize you for not having enough tax withholdings only if you didn't pay at least 90% of your tax liabilities or if your withholdings were less than the tax liability of the previous year (whichever is less). In this case, the withholdings were more than last year's tax liability.
