The buyers will bear a greater burden of the tax then the sellers.
Answer:
Amounts owed to suppliers for products and/or services purchased on credit.
Explanation:
Accounts payable are basically short term debts that a company has with its suppliers. E.g. a retailer purchases goods from a wholesaler on terms n/30. In this case, the accounts payable would be the amount of money owed to the retailer. There is no specific time frame for an accounts payable, since it varies depending on the credit that the supplier gives. E.g. sometimes a supplier will sell on a 45 day credit period, or even 60 day period.
Answer:
a. $418,000
Explanation:
The computation of the contribution margin of the West business segment is shown below:
Contribution margin = Sales revenue - variable expenses
= $890,000 - $472,000
= $418,000
By deducting the variable expenses from the sales revenue we can get the contribution margin and we applied the same that is shown above.
D) sheila is not liable for unauthorized charges made on her card after she reports it stolen.
Also, the last sentence had a grammatical error. --> Past participle without an auxiliary verb.
Answer:
$37,455
Explanation:
The unit of production method of depreciation charges higher amounts of depreciation seasons of higher output. The depreciation amount is propositional to the level of production.
The formula applicable in the calculation of the unit of depreciation is as follows.
Depreciation = depreciable value / estimated production value x units produced
For this machine: depreciable value = Asset cost - residual value
Depreciable value =$264,970- $14500 = $250, 470
Estimated units to be produced = 759,000 bolts
Units produced in the second year =113,500
Depreciation for the second year
= 250, 470/ 759,000 x 113,500
=0.33 x 113, 500
= $37,455
