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2 years ago

All of the following options are good tips for borrowing money EXCEPT...

1 answer:

5 0

I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.

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Will Jones, Pharoah is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a

Reika [66]

Answer:

Total cost for 316 returns $3,962

Total cost for 408 returns $4,974

Total cost for 524 returns $6,250

Explanation:

The total cost incurred by Pharoah with the Mega Tax software is given by the fixed cost of $486, referring to the annual fees, added to the cost per tax return of $11 multiplied by the volume of returns filed (n):

$C= \$486+(\$11*n)$

i. if 316 returns are filed? (n = 316)

$C= \$486+(\$11*316)\\C=\$3,962$

ii. If 408 returns are filed? (n = 408)

$C= \$486+(\$11*408)\\C=\$4,974$

iii. If 524 returns are filed? (n = 524)

$C= \$486+(\$11*524)\\C=\$6,250$

Total cost for 316 returns $3,962

Total cost for 408 returns $4,974

Total cost for 524 returns $6,250

6 0

3 years ago

This information relates to Sherper Co. 1. On April 5 purchased merchandise from Newport Company for $22,000, terms 2/10, n/10.

Feliz [49]

Answer:

April 5, purchased merchandise on account terms 2/10, n/10

Dr Merchandise inventory 22,000

Cr Accounts payable 22,000

April 6, paid freight costs

Dr Merchandise inventory 900

Cr Cash 900

April 7, purchase equipment on account

Dr P, P & E - Equipment 26,000

Cr Accounts receivable 26,000

April 8, returned some merchandise (April 5th purchase)

Dr Accounts payable 2,000

Cr Merchandise inventory 2,000

April 15, paid merchandise invoice

Dr Accounts payable 20,000

Cr Cash 19,600

Cr Purchase discounts 400

May 4, paid merchandise invoice

Dr Accounts payable 20,000

Cr Cash 20,000

If the company pays the invoice on April 15th, it will get a 2% discount which must be recorded as a purchase discount.

5 0

2 years ago

Carmen Company issued 10-year bonds on January 1. The 15% bonds have a face value of $100,000 and pay interest every January 1 a

il63 [147K]

Answer:

d. $7,032

Explanation:

The computation of the interest expense is shown below:

= Sale value of the bond × market interest rate ÷ 0.5

= $117,205 × 12% ÷ 0.5

= $117,205 × 6%

= $7,032

Simply we multiply the sale value of the bond with the market interest rate so that the accurate amount of the interest expense can come.

We divide it by 0.5 because as the number of months is 6 months and total months is 12. The six month is calculated from the January 1 to July 1

4 0

3 years ago

Who pays taxes in a corperation?

atroni [7]

Answer:

Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax. For the assessment year 2014-15, domestic companies are taxed at the rate of 30%.

Explanation:

<h3>I hope this helps!</h3>

7 0

2 years ago

Based in topic study materials, discuss how servant leadership contributes to competitive advantage in contemporary organization

Digiron [165]

Answer:

A servant leadership takes some additional season of theirs to engage the association’s culture that will cause the representatives to have great morals and in this way offer great administrations. It will be useful to the workers as they would have the option to deliver more in light of the fact that there will be a culture to concentrate in this manner would improve the gainfulness of the association, and in the long run improving the upper hand of the organization.

A servant leadership demonstrates regard to representatives and by along these lines the workers get roused to give the association a decent notoriety helping it to increase serious. For example, in a client care association, the chief should demonstrate regard to the representative indicating hireling authority by giving the understanding the worker.

Servant leadership pioneers consistently put their kin in any case. Treating the workers with genuineness, uprightness, and care and urging them an opportunity to time. For example, in a client relations association, the supervisor is required to give its representatives the right data about the association with the goal that they can advance the right data to the customers so as to improve the upper hand.

A servant leadership has a solid conviction that accomplishment of an association can be accomplished by the commitment of each individual in the association. Consequently, the worker head will make solid groups that will collaborate and in the long run would make the business remarkable those different contenders

5 0

3 years ago