Answer:
The answer is: False
Explanation:
Since the law was changed for the 2019 tax year, (Tax Cuts and Jobs Act 12-22-1977), alimony is no longer tax deductible nor the recipient has to report them as income. This change in the law will be in effect from 2019 through 2025. The only exceptions that apply are those couples who had finalized their divorce agreements before the end of 2018.
Answer:
WIP-Assembly 20,000 debit
WIP- FInishing 30,000 debit
Manufacturing Overehad 50,000 credit
--to record applied overhead per department--
FInished Goods 40,000 debit
WIP- Finishing 40,000 credit
--to record transferred-out units to finished goods--
Explanation:
To allocate the manufacturing overhead we will credit the overhead account (origin of the cost) and debit the WIP of each department (destination of the cost)
For the Transferred-out we credit the WIP-finishing (origin) for the amount finished and debit the finished goods inventory (destination)
It’s money I’m pretty sure
Answer:
The value of X is A. 6.53 percent.
The value of Y is B. 10.83 percent
Explanation:
Note: See the full question as attached as picture below
Spot 1 Year Spot 2 Year Forward 1 Year (1-year maturity)
Treasury 3.0% 4..75% x
BBB Corporate Debt 7.5% 9.15% y
The formula to calculate the forward rate is: F1.1 = [(1+S2)² / (1+S1)] - 1
For treasury
F1.1 = [(1+4.75%)² / (1+3.0%)] - 1
F1.1 = 1.09725625 / 1.03 - 1
F1.1 = 6.53%
For BBB Corporate Debt
F1.1 = [(1+9.15%)² / (1+7.5%)] - 1
F1.1 = 1.19137225 / 1.075 - 1
F1.1 = 10.83%
Answer:
17.5%
Explanation:
depreciation = 400,000 / 5 = 80,000
return = $250,000 - %100,000 - $80,000 = 70,000
70,000 / 250,000 =