As an employer, you need to provide ___________ to an employee before that person can fill out their tax return.

Net capital outflow Select one: a. is always less than net exports. b. could be any of the above. c. is always greater than net

Leona [35]

Answer: d. is always equal to net exports.

Explanation:

The net exports of a country will always equal the net capital outflow of a country. The capital outflow of a country refers to financial assets going from a country to another country.

The reason the net exports and the capital outflows equal each other is that the financial assets will be used to pay for the imports that come into the country and the exports will represent the funds coming into the country so so the exports and imports determine the capital outflow which is why both metrics are the same.

7 0

3 years ago

Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:August 2 10 units w

mel-nik [20]

Answer:

COGS= $158.4

Explanation:

Giving the following information:

August 2: 10 units were purchased at $12 per unit

August 18: 15 units were purchased at $14 per unit

August 29: 12 units were sold.

First, we need to calculate the weighted-average purchasing price:

weighted-average purchasing price= [(10*12) + (15*14)]/25

weighted-average purchasing price= $13.2

COGS= 12*13.2= $158.4

5 0

4 years ago

Shaw Company sells goods that cost $300,000 to Ricard Company for $410,000 on January 2, 2017. The sales price includes an insta

Shkiper50 [21]

Answer:

The revenue from sales to be recognized by Shaw is $390,000

Explanation:

A) Journal entry to record the sale on January 2, 2017

Date Particulars Debit Credit

January 2, 2014 Accounts Receivable $410,000

Sales Revenue $370,000

Unearned Service Rev $40,000

Being the recording of sales and unearned service revenue

Cost of Goods Sold $300,000

Inventory of Merchandise $300,000

B) Shaw should recognise the following Revenue from Sales to Ricard

Sales Revenue $370,000

Service Revenue (3/6 x $40,000) <u>$20,000</u>

Due to the fact that accounts end March 31st, $390,000

2017, only 3 months will be accounted for under

service revenue for the year

Therefor the revenue from sales to be recognized by Shaw is $390,000

5 0

3 years ago

Shackleford corporation net income this year is $800,000. The company generally retains 35% of net income for reinvestment. the

ZanzabumX [31]

Answer:

A. $22.61

Explanation:

First,

find the growth rate(g);

g = ROE *retention rate

retention rate = 35%

ROE = Net income/value of equity

ROE = 800,000/5,000,000 = 0.16

Therefore, g = 0.16*0.35

g =0.056 or 5.6%

Price = $\frac{D0(1+g)}{(r-g)}$

D0 = Recently paid dividend

g = growth rate

r = required return

Price = $\frac{1.37(1.056)}{0.12-0.056} \\ \\ =\frac{1.44672}{0.064} \\ \\ =22.605$

Therefore, the value of this stock is $22.61

4 0

3 years ago

Finished goods that have not yet shipped to

zavuch27 [327]

Answer:inventory

Explanation:

4 0

4 years ago

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