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mylen [45]
3 years ago
14

Overhead includes all except _____________________.

Business
1 answer:
Irina-Kira [14]3 years ago
8 0

Answer:

B) Rent

Have an excellent day!!!

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Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowe
UNO [17]

Answer:

Since 2019, the deduction limit for interest expense deductions on qualified higher education loans is $2,500. In order to qualify for this deduction, the taxpayer's adjusted AGI must be less than $85,000 for single filers (Lionel's income is below the threshold).

So Lionel will be able to deduct $1,650 as interest expense (above the line deduction).

Lionel can also deduct $2,500 form the American Opportunity Tax Credit for higher education expenses.

7 0
3 years ago
Utility costs that relate to current year's operations but are not paid until the following year require:______
motikmotik

Utility costs that relate to current year's operations but are not paid until the following year require:

  • a debit to Utilities Expense
  • a credit to Utilities Payable

<h3>What happens when expenses are not paid?</h3>

Expenses are meant to be paid within the accounting period that they occur and if this does not happen, then they are to be treated as current liabilities in the Balance sheet.

This means that the Utilities Expense account will be debited as is the norm but the account that will then be credited is the Utilities Payable account which is a current liability.

Options for this question:

(Select all that apply.)

  • a debit to Prepaid Expense - Utilities
  • a debit to Utilities Expense
  • no journal entry
  • a credit to Utilities Payable
  • a credit to Cash

Find out more on recording expense payables at brainly.com/question/16781277

#SPJ1

3 0
1 year ago
Why are the largest industrial corporations in the United States so committed to international marketing?
LenKa [72]

Answer:

The US is the largest economy in the world, but it only represents about 1/4 of the total. That means that the opportunities of earning higher profits and effectively using all their resources increases dramatically when you serve the whole world. E.g. Apple is the mot valuable firm in the world and about 60}% of its revenue comes from foreign markets. Something similar applies to most large corporations, that would be much smaller and less profitable is they only served the US market.

6 0
2 years ago
Among the following, who is not a Management expert? Peter F. Drucker Mc Kinsey Albert Grahmbell Elton Mayo
monitta

Answer:

Elton mayo should be the answer

7 0
2 years ago
A registered publicly traded issuer has 10,000,000 shares outstanding. If a wealthy investor buys 6,000,000 shares and intends t
Harrizon [31]

Answer:

the investor must file a 13D report with the SEC.

Explanation:

Any investor that holds more than 5% of the outstanding stocks of a publicly traded corporation must file a 13D report. The investor is classified as a beneficial owner by the Securities and Exchange Commission (SEC) since their influence and voting power in the corporation are very large. It must be filed within 10 days of the transaction that resulted in more than 5% in the corporation.

4 0
3 years ago
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