I believe that the answer that would best complete the given statement above is the term MOBILE transaction. The ability to conduct financial transactions through a smartphone is known as mobile or online transaction. Hope this is the answer that you are looking for.

7 0

3 years ago

Read 2 more answers

ANSWER ASAP-- In one year, Corey earned $25,000 from his employer and a $300 capital gain from the sale of an investment. Corey

andrezito [222]

Answer:

Corey’s adjusted gross income is $25,300 and his total tax due will be decreased by the credit.

Explanation:

Add what Cory earned and his capital gain to make $25,300

Cory claimed the lifetime learning credit which decreases his total tax due

5 0

3 years ago

Carr Company produces a single product. During the past year, Carr manufactured 32,210 units and sold 26,700 units. Production c

gtnhenbr [62]

Answer:

Ending inventory= $189,932

Explanation:

Giving the following information:

Carr manufactured 32,210 units and sold 26,700 units.

Direct materials $241,575

Direct labor $157,829

Variable manufacturing overhead $251,238

Fixed manufacturing overhead $418,730

Total cost= $1,069,372

The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. 

First, we need to determine the unitary production cost:

Unitary production cost= 1,069,372/32,210= $33.2

Units in ending inventory= 32,210 - 26,700= 5,510

Now, the value of ending inventory:

Ending inventory= 33.2*5,510= $189,932

3 0

3 years ago

Equipment with an estimated market value of $30,000 is offered for sale at $45,000. The equipment is acquired for $15,000 in cas

ra1l [238]

Answer:

$35,000

Explanation:

According to accounting standard IFRS 16 Property, Plant and Equipment is initially recorded at its cost. Estimated market value and offer price will not be considered to record this transaction. Cost incurred for this equipment is as follow:

Cash payment = $15,000

Note payable = $20,000

Total Cost = $15,000 + $20,000 = $35,000

6 0

3 years ago