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3 years ago

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Business

1 answer:

natta225 [31]3 years ago

6 0

Answer:A. Recycle their old cell phones

Explanation:just took the test on edgeunity

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During 2019, Lowes Company sold equipment with a book value of $120,000 for proceeds of $145,000. The company purchased new equi

pogonyaev

Answer:

Overally, the statement of cash flows will report net cash inflows of $145,000.

Explanation:

The sale would attract proceeds of $145,000 which is a cash inflow to the company.

The profit on sale of ( $145,000 - $120,000 )$25,000 is a non- cash flow item.

The Purchase of new equipment by signing a long-term note payable is a non-cash financing and investment activity.

Conclusion :

Overally, the statement of cash flows will report net cash inflows of $145,000.

6 0

3 years ago

Compute 2018 taxable income in each of the following independent situations.

KATRIN_1 [288]

Answer:

a. Drew and Meg are married and filing a married joint return. The standard deduction of a married joint return is $24,400 but it is lower

AGI $125,000

Less: Itemized deduction $27,000

Taxable income $98,000

b. Sybil's filing status is head of household. The Standard deduction for head of household is $18,000 in 2018 which is higher than itemized deductions of $8,000.

AGI $80,000

Less: Itemized deduction $18,000

Taxable income $62,000

c. Scott is a surviving spouse. The standard deduction will be equal to that of married filling joint return which is $24,400

AGI $75,000

Less: Itemized deduction $24,400

Taxable income $50,600

d. Amelia is an abandoned spouse. She can file as head of household. The standard deduction for the year 2018 is $18,000 which is higher than itemized deductions of $10,650.

AGI $58,000

Less: Itemized deduction $18,000

Taxable income $40,000

e. Dale is divorced and filing status is head of household. The standard deduction for the year 2018 is $18,000 which is higher than itemized deductions of $9,900

AGI $64,000

Less: Itemized deduction $18,000

Taxable income $46,000

5 0

2 years ago

Which level of PPE uses APR/PAPR and also includes a chemical/splash over garment, double gloves and chemical resistant boots?

Bogdan [553]

Answer: Level D

Explanation: Level D protection is primarily a work uniform and is used for only nuisance contamination. It requires only coveralls and safety shoes/boots. Other PPE is based upon the situation (types of gloves, etc.). It should not be worn on any site where respiratory or skin hazards exist.

7 0

3 years ago

2. Do you pay attention to the price of stocks on the stock market? Why or why not? Do you think it is beneficial to individuals

german

If you have stocks in the stock market, it is always a good idea to watch it so you can see how your stocks are doing. Even if you do not, it is a good idea to watch it, because if you see something that is cheap and you think that it will result well, you might see one that you want to buy. I personally think that it is very smart to watch the stock market, because a lot of the time you can make millions for a low price. Hope this helps!

7 0

3 years ago

Yams Company reports the following operating results for the month of August: sales $400,000 (units 5,000), variable costs $240,

Tomtit [17]

Answer:

Yams Company

Alternative 1: Increasing the selling price by 10% with no change in total variable costs or units sold will produce the higher net income.

Explanation:

a) Data and Calculations:

Total Unit Quantity

Sales for the month of August = $400,000 $80 5,000

Variable costs = $240,000 48 5,000

Fixed costs = $90,000

Alternatives to increase net income:

Alternative 1 Alternative 2

Sales revenue $440,000 $400,000

Variable costs 240,000 220,000

Contribution margin $200,000 $180,000

Fixed Costs 90,000 90,000

Net income $110,000 $90,000

3 0

3 years ago