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3 years ago

What is a downside of receiving a tax refund?

Business

1 answer:

Dmitry [639]3 years ago

4 0

Answer:

It's a free loan to the government.

Explanation:

you're essentially giving the government a free loan with no interest.

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Granite Inc. is a reputable company that has contributed a lot toward the social welfare of the people. It has also improved wor

Mnenie [13.5K]

Answer: Corporate responsibility report.

Explanation: In simple words, it refers to the written document that is issued by the organisations with the intent of sharing the actions that they have taken to fulfill their corporate social responsibility.

The organisation have legal bounding to work for the betterment of society and also it increases the positive image of that organisation in the eyes of customers.

Hence this report is published by the organisations for fulfilling these objectives,.

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3 years ago

Pascal is a customer-service representative who handles phone inquiries. He has a goal of handling 12 calls per hour. When he ge

Montano1993 [528]

Answer:

A. Ill-conceived goals

Explanation:

Ill-conceived goals refers to setting of goals or incentives in order to promote a desired behavior whereas indirectly encouraging a negative one.

When setting ill-conceived goals, the unintended effects of these goals should duly be taken into consideration.

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3 years ago

Read 2 more answers

If The Limited Company relies on hiring a foreign textile manufacturer to produce a

svetlana [45]

Answer: Contract manufacturing.

Explanation:

Contract manufacturing is the outsourcing of some production activities that were formerly done by the producer to a third party. An organization may outsource certain parts for a product.

Contract manufacturing is the practice of giving out part of a work to outside sources rather than completing all the work within the company. It results in lower expenses and costs.

4 0

3 years ago

If the physical count of the inventory revealed $158,000 of merchandise on hand and the inventory records reported $163,000, wha

krek1111 [17]

The necessary adjusting entry to record inventory shortage would be:

“Cost of Merchandise Sold debit $5,000; Merchandise Inventory credit $5,000.”

Cost of Merchandise Sold is the cost of goods and services that correspond to sales made to customers. In this case, we need to decrease ending inventory by the quantity of these goods ($5,000) that either were shipped to customers or assigned as being customer-owned under a certain agreement. Meanwhile, the merchandise inventory is the cost of goods on hand and is available for sale ($5,000).

6 0

3 years ago

Widmer requires a minimum $15,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest

Marizza181 [45]

Answer:

Widmer's Cash Budget for January, February, and March

January:

Opening Balance - $15,000

Cash Receipts - $30,000

Less Payments - $38,500

Difference - $6,500

Loan - $8,500

Closing Balance - $15,000

February:

Opening Balance - $15,000

Cash Receipts - $87,000

Less Payments - $85,000

Less Interest on loan -$85

Difference - $16,915

Loan Repayment- $1,915

Closing Balance - $15,000

March:

Opening Balance - $15,000

Cash Receipts - $85,000

Less Payments - $65,000

Less Interest on loan -$65.85

Difference - $34,934.15

Loan Repayment- $6,585

Closing Balance - $28,349.15

Explanation:

In January, $6,500 cash balance necessitated the taking of a loan of $8,500 in order to bring it to $15,000 required minimum.

In February, 1% interest was paid on $8,500 loan. This gives $85. Part of the loan ($1,915) was repaid to maintain the cash balance at $15,000.

In March, the interest on loan was 1% on $6,585 $(8,500 -1,915) or the loan balance. This gives $65.85 as interest paid. The loan balance was also repaid because of the excess cash balance.

3 0

3 years ago