Answer:
the investment earnings in the account are tax-free. Also, when you reach age 59½ and have had the account open for at least five years, withdrawals are tax-free.
Explanation:
Answer:
The correct answer is letter "E": establish a separate Work-in-Process Inventory account for each manufacturing department.
Explanation:
Process-cost accounting is an approach used to assign costs of processes per department on direct materials, direct labor, and factory overhead. In such cases, conversion and prime costs are allocated to each department's manufacturing process to value the inventory of final goods.
Thus, <em>the Work-In-Progress (WIP) Inventory is also assigned according to the manufacturing processes of each department.</em>
Answer:
Common Additional Paid Retained Treasury
Stock in Capital Earnings Stock
Beginning $12,500 $190,000 $150,000 $0
Stock Issuances
Net Income $270,000
Dividends: Common
Ending
I prepared an excel spreadsheet because there is not enough room here.
IBM's Smarter Planet campaign markets IBM as a company that provides innovative solutions that improve the world's IQ. This is an example of organization marketing.
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Explanation:</u></h3>
Marketing function plays a vital role in the success of any company. It is the process by which the companies will first find the potential markets for selling their products and then promote their products saying how they vary from the other similar products.
Organisation marketing is the strategy that is being used by the business but a difference is that here customers will buy their products and do not used those products personally. In the example given, IBM markets innovative solutions that helps in improving the Intelligence Quotient. This acts as an example of organization marketing.
Answer:
Operating activities:
None
Investing Activities:
Loss on disposal (31 - 10 -19) $3
Financing Activities:
Gain on Long term investment (13 - 7) $6
Cash dividend paid $39
Explanation:
Weaver had incurred transactions which involved exchange of cash so they are reported in the statement of cash flows. These transactions are classified as either operating activity, investing activity or financing activity depending on the nature of transaction.
