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Lyrx [107]
3 years ago
7

Journal entries of hari started business with cash and goods​

Business
1 answer:
Natasha2012 [34]3 years ago
7 0

Answer:

what type of answer do you need?

Explanation:

?

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X Corporation and its two divisions, Domestic and Foreign, appear below:
anyanavicka [17]

Answer: $192,200

Explanation:

Based on the information that have been provided in the question, the segment margin for the domestic division will be calculated as:

Segment Margin = Segment Sales Revenue - Segment Variable Expenses - The Traceable Fixed Cost

= $640,000 - $371,300 - $76,500

= $192,200

5 0
3 years ago
Randall is single and has total income from all sources (taxable and nontaxable) of $83,000. His taxable income is $62,000. Rand
bekas [8.4K]

Answer:

effective tax rate = 13.54

Explanation:

given data

total income = $83,000

taxable income = $62,000

tax liability = $11,239

to find out

effective tax rate

solution

we get here effective tax rate that is express as

effective tax rate = \frac{total\ tax}{total\ income}    .................1

put here value and we get

effective tax rate = \frac{11239}{83000}  

effective tax rate = 13.54

6 0
3 years ago
William is a single writer (age 35) who recently decided that he needs to save more for retirement. His 2019 AGI before the IRA
Paul [167]

Answer:

The maximum contribution is $3,850

Explanation:

The contribution eliminate isn't pertinent if the single citizen under age 50 doesn't take an interest in the business supported arrangement and most extreme measure of $5,500 can be asserted for charge year 2019.  

As Williams takes an interest in the business supported arrangement and he is under age 50, the IRA contribution will eliminate for money above $63,000 up to $73,000.The most extreme breaking point is $5,500 .

Compute the contribution as follows:

[($66,000 - $63,000)  / ($73,000 - $63,000 )] × 100 = 30%,

Thus, 30% contribution will phase out and 70% of maximum limit is allowed. Therefore, maximum contribution is $5,500 x 70%, i.e. $3,850.

5 0
3 years ago
Accounts receivable arising from sales to customers amounted to $80,000 and $70,000 at the beginning and end of the year, respec
vichka [17]

Answer:

b. $290,000

Explanation:

The computation of the cash flows from operating activities to be reported on the statement of cash flows is shown below:

= Net income reported on the income statement + decrease in account receivable

where,

Net income reported = $280,000

And, the decrease in account receivable is $10,000 ($70,000 - $80,000)

So, the cash flow from operating activities

= $280,000 + $10,000

= $290,000

The decrease in account receivable implies that more cash is come so it would be added and the same is shown above

5 0
3 years ago
Lorenzo and Lila own all of the Double L Corporation's stock. The stock of this corporation is not sold to the general public. L
ladessa [460]

Owners of the company.

<h3>What is a stock of a company?</h3>
  • A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
  • Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
<h3>What is an owner of a company?</h3>
  • A company's "owner" is a person who owns all of the shares.
  • In contrast, a "co-owner" shares ownership of a business with one or more partners.
  • The owner, who is frequently the company's founder, is free to run their business however they like.

Therefore, Lorenzo and Lila are owners of the Double L Corporation.

Know more about stocks here:

brainly.com/question/1957305

#SPJ4

6 0
2 years ago
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