Answer:
Taking a physical count of inventory :
d.should be done near year-end.
Explanation:
Taking physical inventory is necessary for any business because it allows taking pertinent actions to start the next year, also for tracking the inventory as every item should be counted. It helps to know what happens with every article, for example, if there are any losses (damaged goods, stolen or miscounted).
It is helpful to detect items that are about to expire or become obsolete so the company can sell them, and don’t lose money, by using a marketing strategy and then renew/supply the store.
Answer:
A) a $50,000 ordinary loss and $70,000 LTCL
Explanation:
given data
Brown stock = $30,000
stock basis = $150,000
time = 3 year
solution
we know that here stock is Section 1244 stock and original owner is Amy
so
first loss is for single individuals is = $50000
and this loss is treated as a ordinary loss LTCL because stock held more than 12 month
remaining amount = 70000
and we know it take here time 3 year
so total loss realized is
total loss realized $50000 + $70000
total loss realized = $120000
so correct option is A) a $50,000 ordinary loss and $70,000 LTCL
Answer:
I'm figuring this out for you!
Explanation:
Answer:
I would replace it with cannabis, everyone is happier when there is green :)
Explanation:
Answer:
a.It provides organizational independence.
Explanation:
Budget is a statement of income and expenditure of a certain period. Budgets are useful for forecasting the operating activities and financial position of a business enterprise and it ensures good business practice because they plan for future.
Organizational independence is a state in which an organization is not vulnerable for personnel turnover. Independent Organizations are normally mon profits or non government organizations and they are defined to be a collection of people who to pursue a charitable goal be it local, national or global level. Budgeting is applicable on dependent organizations instead of independent Organizations.
