Answer: c. $300,000
Explanation:
Here, the shipping costs from overseas is part in inventory costs whereas the shipping costs to export are part of expense not inventory.
Given: Purchases during the year $15.0 million
Shipping costs from overseas$1.5 million
Shipping costs to export customers$1.0 million
Inventory at year end $3.0 million
Amount of shipping costs should be included in ABC Trading's year-end inventory valuation = (Inventory at year end)÷(Purchases during the year ) × (Shipping costs from overseas)
= ($3,000,000) ÷ ($15,000,000) × ($1,500,000)
= $300,000
Hence, the correct option is c. $300,000.
If Estates are required to file income tax returns if their gross income exceeds $600 and all corporations must file regardless of income. This is called <u> Tax filing requirements.</u>
<u />
<h3>What is Tax filing requirements?</h3>
Tax filing requirements can be defined as the requirement a person or a tax payer is expected to meet or abide by while filing for tax return.
Tax payer must always check tax filing requirement in order to know whether they meet the requirement before filling for a tax return.
Therefore this is called <u> Tax filing requirements.</u>
The complete question is:
Estates are required to file income tax returns if their gross income exceeds $600. All corporations must file regardless of income.
Learn more about Tax filing requirements here:brainly.com/question/14748046
#SPJ1
It is false that one definition of information structures is that they are a way of organizing information.
<h3>Why do we need information?</h3>
Information is giving details about an event or something to people through various means like internet, radio, television, etc.
The purpose of information is to enable us know wrong from right. We also use information to make decisions and judgment calls.
Hence, It is false that one definition of information structures is that they are a way of organizing information.
Learn more about information here: brainly.com/question/3282789
#SPJ1
Answer:
B) Liability of foreignness
Explanation:
Liability of foreignness refers to the extra costs that a firm might incurr when operating in a foreign country.
This can results from a lack of knowledge of the host country's laws, regulations, culture, customs, etc.
For example, if an American company starts operations in for example, France, it will have to hire legal advisors, because the French legal system not only is different from Common Law in principle, but also because it is very complicated, with thousands of regulations. This represents a loss of competitiveness, and a handicap when competing against French companies.
