The document is known as W-4 Form. You fill this form when you are claiming your allowances, but it also helps to guide your boss on how much money should be withheld from your paycheck for federal taxation.
Answer: $20,000
Explanation:
The times-interest-earned ratio is used to know the ability of a firm to pay interest on a particular debt. It is calculated as the addition of the net income, the taxes and the interest expense, which is then divided by the interest.
Based on the information given, the interest expenses will be represented by y and solved further as:
= (200,000 + 40000 + y) / y = 13
= (240000 + y) / y = 13
Cross multiply
240000 + y = 13 × y
240000 + y = 13y
13y - y = 240000
12y = 240000
y = 240000/12
y = 200000
Therefore, the interest expense is $20,000
Here is the algebra. (1) [(240,000 + x) / x} = 13. (2) 240,000+ x = 13x. (3) 240,000 = 12x. (4) x = 20,000
Answer:
The correct answer is A. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.
Explanation:
The System of Costs Based on ABC Activities (Activity Based Costing) is a model that allows the allocation and distribution of the different indirect costs, according to the activities carried out, since these are the ones that really generate costs. This system stems from the need to solve the problem normally presented by standard costs, when they do not faithfully reflect the value added chain in the development of a particular product or service, and therefore, an adequate determination of the price.
The ABC cost model allocates and distributes indirect costs according to the activities carried out in the process of manufacturing the product or service, identifying the origin of the cost with the necessary activity, not only for production but also for distribution and sale; The activity is understood as the set of actions that aims to incorporate added value to the product through the manufacturing process. Complementing the definition of activity, it should be mentioned that the ABC Model is based on the fact that products and services consume activities, and these in turn are the ones that generate costs.
Answer:
At least four core functions can be identified.[1] The financial sector should provide the following services:
Value exchange: a way of making payments.
Intermediation: a way of transferring resources between savers and borrowers.
Risk transfer: a means for pricing and allocating certain risks.
Liquidity: a means of converting assets into cash without undue loss of value.
Answer:
Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. it can help you identify areas where you spend too much money
