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3 years ago

Monotheism

Business

1 answer:

Ghella [55]3 years ago

4 0

Answer:

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Explanation:

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Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in

MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1

Billable Hours Billable rate Total

Auditing 2,450 84 205,800

Tax 3,130 94 294,220

Consulting 1,640 105 172,200

Total 672,220

For Quarter 2

Billable Hours Billable rate Total

Auditing 1,840 84 154,560

Tax 2,650 94 249,100

Consulting 1,640 105 172,200

Total 575,860

For Quarter 3

Billable Hours Billable rate Total

Auditing 2,330 84 195,720

Tax 2,300 94 216,200

Consulting 1,640 105 172,200

Total 584,120

For Quarter 4

Billable Hours Billable rate Total

Auditing 2,710 84 227,640

Tax 2,800 94 263,200

Consulting 1,640 105 172,200

Total 663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0

4 years ago

Connie sees her role as someone who provides direction and resources for her team then gets out of their way and lets them do th

Alekssandra [29.7K]

Answer:

D) laissez-faire

Explanation:

Connie sees her role as someone who provides direction and resources for her team then gets out of their way and lets them do their work however they think best. Connie uses the laissez-faire style of leadership. This style presents an attitude that takes place without interfering, letting things take their own course. Connie generally uses this leadership style.

3 0

3 years ago

A firm is considering a new project that will generate cash revenue of $1,300,000 and cash expenses of $700,000 per year for fiv

MAXImum [283]

Answer:

A) $416,250

Explanation:

The computation of the free cash flow is shown below:

= (Cash revenues generated - cash expenses - depreciation expense) × (1 - tax rate) + depreciation expense

= ($1,300,000 - $700,000 - $75,000) × (1 - 0.35) + $75,000

= $525,000 × 0.65 + $75,000

= $416250

Simply we added the depreciation expense in the Earning after tax amount

The (Cash revenues generated - cash expenses - depreciation expense) × (1 - tax rate) is also known as Earning after tax

5 0

4 years ago

Coverage on a One-Vehicle Accident. Bill Converse of Rexburg, Idaho, recently had his truck slide off a gravel road and strike a

Sonbull [250]

Answer:

$17,000

Explanation:

Data provided in the question

Suffered amount in damage = $17,500

Book value of the truck = $40,000

And, the deductible amount = $500

So, the amount reimbursement by his policy is

= Suffered amount in damage - the deductible amount

= $17,500 - $500

= $17,000

We simply applied the above formula so that the reimbursed amount could arrive

6 0

3 years ago

Amanda green has invested in a real estate trust that will get income from mortgage interest, loan origination fees and buying a

sveticcg [70]

A real estate trust that will get income from mortgage interest, loan origination fees and buying and selling mortgages is Real Estate Mortgage Trust (REMT) trust.

What is a mortgage?

A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan.
Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien.
A mortgage in itself is not a debt, it is the lender's security for a debt.
It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed.
In other words, the mortgage is a security for the loan that the lender makes to the borrower.

To learn more about mortgage: brainly.com/question/15074748

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8 0

2 years ago