Answer:
Segment margin North= $164,400
Explanation:
Giving the following information:
Sales revenues= $548,000
Variable expenses= $318,000
Traceable fixed expenses= $65,600
<u>To calculate the segment margin for the North division, we need to use the following formula:</u>
Segment margin North= segment contribution margin - traceable fixed expense
Segment margin North= (548,000 - 318,000) - 65,600
Segment margin North= $164,400
Answer:
The correct option is B, Rita's is in breach of contract.
Explanation:
Breach of contract occurs when a party or parties to a legally binding and enforceable agreement refuse to discharge their duties as stipulated in the contract.
Even though Rita's inability to pay as at when due was not intentional as Rita's bank had closed, the onus is still on the company to fulfill its obligation.
It is important that both parties find an amicable way to enforce the terms of the contract or Commercial Construction ,Inc (CCI) tries recover financial damages caused to it by the breach or in an extreme situation, they settle for lawsuit.
The answer is C.
This is a legal document because layers like longer than normal paper so they could more notes into a normal looking paper to look professional.
Best of Luck!
Answer:
D) Todd should include the $500 in 2020 gross income in accordance with the tax benefit rule.
Explanation:
Since Todd is a cash basis taxpayer, he included the $1,500 insurance premium in his 2019 tax return. Cash basis taxpayer report revenues or expenses when the cash is received or paid, not when the service is provided.
Since he received a $500 refund in 2020, he should include it in his 2020 tax return. As a cash basis taxpayer, any money received is considered income.
Answer:
Embryonic stage
Explanation:
Embryonic stage
it is a stage of parental development in the 3rd month of pregnancy, where he or she at this stage is called embryo which is developed through cell division. At this stage of development, he or she has a heartbeat, other organs, etc. But at this stage at these developing organs are at the primary stage.
