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AURORKA [14]
3 years ago
8

Sheldon must take a required minimum distribution from his retirement plan by December 31, 2020 to avoid an additional tax due.a

) trueb) false
Business
2 answers:
snow_lady [41]3 years ago
7 0

Answer:

Explanation:

A

yan [13]3 years ago
5 0
Ok Hugh you want me to hit on my head and then I go on the bus to go get the girls
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16. If a business chooses an alternative strategy
Sergio [31]

A. Avoiding Risk

Explanation:

When a company is trying to avoid risks it finds alternative strategies to get a job done when they feel it is viable than taking a risk. <u>This is a defensive option often chosen by firms when they do not see the possible reward being worth the risk </u>in a particular strategy.

When this form of strategies are used in management it means that the <u>company would rather stay stable than go for higher while risking their basic business.</u>

7 0
3 years ago
A company purchased a tract of land for its natural resources at a cost of $1,500,000. It expects to mine 2,000,000 tons of ore
mezya [45]

Answer: Please see below

Explanation:

Depletion  expense =  Initial price Purchase  - Residual value /  Total number of units.

 $1,500,000 - $250,000/ 2,000,000 = 0.0625 per ton

if 150,000 tons of ore are mined,

Depletion expense  = depletion per ton x units mined

                    0.625 x 150,000=$93,750

journal entry to record the depletion is:

Account                                       Debit        Credit

Depletion expense                  $93,750

Accumulated Depreciation                      $93,750

5 0
4 years ago
Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $13,000 of accrued vacation benefit
weqwewe [10]

Answer and Explanation:

The journal entries are shown below:

1

Vacation Benefit Expense  $13,000  

                To Vacation Benefit Payable $13,000

(Being vacation benefit expense is recorded)

2

Warranty Expense $18,000  

           To Estimated Warranty Liability $18,000

($12,000 × 10 % × $15) = $18,000

(Being warranty expense is recorded)

These two entries need to be passed

3 0
3 years ago
Malcolm, an accounts clerk, is all set to make a presentation on how his team can improve their productivity by changing certain
Serga [27]

Answer and Explanation: From the following given case or scenario, we can state that the manager is most likely to said the given because he/she thought that <em>being too critical might put Malcolm on the defensive  end and thus hamper his social skills and creativity</em>. Here, in this case the manager asks the other employees not to have a critical review of Malcolm's suggestion and to avoid having an argument on his suggestion.

8 0
3 years ago
A responsible managing employee is required through the Contractor's state license board to work at least?
KATRIN_1 [288]

Answer:

32hours or 80% of the complete working hours per week of the business

Explanation:

When construction companies engage in contracts were materials and labor can cost $500 and above, they are expected to have a license. If the business does not have a license, it can qualify for a license if it decides to employ someone with the required license. The employed individual will be known as the responsible managing employee.

The contractors state license board requires such an employee to be a full and recognized employee of that business and to have at least 32hours or 80% of the sum of the working hours expended by the business.

8 0
3 years ago
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