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babunello [35]
3 years ago
7

Countryside Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 2% of net

credit sales will not be collected. In conformity with the expense recognition principle, the company should:
Business
1 answer:
stiks02 [169]3 years ago
6 0

Answer:

Countryside Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 2% of net credit sales will not be collected. In conformity with the expense recognition principle, the company should: ... not report the sales revenue until it collects payment.

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3 years ago
WILL MARK BRAILIEST AND ONLY ANSWER IF YOU KNOW
Karolina [17]

Okay i'm trying to find the rest of the answers but heres most of them:

1. Approximately how many people watch the March Madness tournament? Approximately 140 million people watch march madness.

2. March Madness is second to only one other sporting event? What is it? March Madness is second to only the Super Bowl.

3. What percentage of the NCAA's revenue comes from men's basketball? How is this revenue generated? NCAA generated a revenue around 90%.

4. How did Nike first gain brand exposure through men's basketball? Explain. Vaccaro, the Chief among the NCAA’s critics, Had Nike give the players free shoes to wearing during games. After that happened teams started to become sponsored by Nike.

5. How does best-selling author Michael Lewis argue that playing college sports impedes athletes from getting an education? Michael Lewis argues about how student-athletes spend more time on sports then education.

6 0
3 years ago
Read 2 more answers
While visiting a client to deliver their 2019 tax documents, one of the owners approaches you and states: "The IRS says my trave
serious [3.7K]

Answer:

Commuting refers to travelling from your home to your workplace. It generally refers to the distance that people generally travel to get to their office or any type of workplace.

While business travel refers to not only leaving your house to go to work, but actually going somewhere else to perform your regular business activities, e.g. going form one state to another to close a sale. In order for business travel to be effectively recognized as such, it must be necessary for your business activity and it should last more than one ordinary workday.

In this case, your client continuously leaves his house and goes form one state to another performing his normal business activities. This perfectly fits the IRS's definition of business travel.

Initially, you can try to solve this issue with IRS Office of Appeals (since you are right), but if that doesn't work, then you can go to Tax Court.

6 0
3 years ago
Regis Company manufactures plugs at a cost of $36 per unit, which includes $8 of fixed overhead. Regis needs 30,000 of these plu
Oliga [24]

Answer:

$190,000

Explanation:

Regis produces 30,000 plugs per year and its overhead costs are $8, so their variable costs are $28 per plug (=$36 - $8).

Orlan offers to sell them the same plugs at $33 per plug, which means that Regis will be paying $5 more per plug than its own variable costs.

Regis costs will increase $5 x 30,000 = $150,000 per year.

Its fixed costs will decrease by $60,000 if they decide to purchase the plugs.

Plus it can rent the facilities at XXX per year? since it plans to have $100,000 in net savings per year:

$100,000 = $60,000 + XXX - $150,000

$100,000 = XXX - $90,000

XXX = $190,000

4 0
3 years ago
Located at Monsanto's world headquarters, the Nidus Center is a unique ___________ facility. The tenants are biotechnology compa
den301095 [7]

Answer:

Located at the Monsanto's world headquarters, the Nidus Center is a unique Non-profit Incubator facility.

Explanation:

Mosanto was founded in 1901 as an agrochemicals and agricultural biotechnology corporation.

The Nidus Center, on the Monsanto campus, 893 N. Warson Road, is funded by Monsanto but governed by an independent board.

The Nidus Center for Scientific Enterprise, a nonprofit incubator for plant and life sciences companies, secured its first start-up business known as GenChemiCs.

GenChemiCs, which designs and improves chemical compounds using cutting-edge, computer-based technologies, moved in March 2000. It was founded by University of Missouri-St. Louis Professor William Welsh, who is a Professor of Chemistry.

The start-up also does business with a number of large companies, including Monsanto, Mallinckrodt, Searle and London-based AstraZeneca.

8 0
3 years ago
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