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3 years ago

What does it mean when the irs accepts your return.

Business

1 answer:

Pepsi [2]3 years ago

3 0

Answer:

It means that they have gone over your return and it has passed their initial inspection.

Explanation: Hope this helps:)

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College education results in a positive externality for society. Explain whether the market failure that results from this exter

allochka39001 [22]

Answer:

In simple words, positive externalilty refers to the phenomenon under which an etity or an individual takes advanatage of any sctions made bo some other entity. Education helps to make individual build a strong character which further results in overall development of the society.

Free university education in Texas would be good for society in terms of quality education becoming cost effective to everyone and thus everyone would be able to sign up for college degree. This would end up making university education accessible to all and improve their standard of living.

However, on the other hand, free university education might make them take things for granted, and the seriousness of education would be significantly reduced. At the very same period, it will be very costly for the state to employ a professional faculty to provide education.

7 0

3 years ago

When using the book value of equity, the debt to equity ratio for Luther in 2009 is closest to: Group of answer choices 0.43 2.2

Ostrovityanka [42]

Answer:

2.29%

Explanation:

The computation of the debt to equity ratio using book value of equity is as follows;

As we know that

Debt to Equity Ratio = Debt ÷ Equity

where,

Debt = $239.7 + $10.7 + $39.9

= $2901.1

And, equity is $126.6

Now

Debt to Equity Ratio is

= $290.1 ÷ 126.6

= 2.29%

4 0

3 years ago

Describe what fixed costs and marginal costs mean to a company. Choose the correct answer below. A. The number of units at which

steposvetlana [31]

Answer:

B) Fixed cost is the constant for a particular product and does not change as more items are made. Marginal cost is the rate of change of cost C(x) at the level of production x and is equal to the slope of the cost function at x.

Explanation:

Fixed costs do not change when the quantity of goods or services produced changes, that is why they are fixed (they do not move).

While marginal costs are the costs associated to producing one extra unit of output. They change as the total output changes.

Profit maximizing firms should increase their output level until the marginal cost equals the marginal revenue (revenue generated by selling one additional unit of output).

6 0

4 years ago

Hardware Suppliers reports net income of $149,000. Included in net income is a gain on the sale of land of $12,000. A comparison

vagabundo [1.1K]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $149,000

Adjustment made:

Less: Gain on the sale of land -$12,000

Less: Increase in accounts receivable -$19,000

Less: Increase in inventory -$12,000

Less: Decrease in accounts payable -$39,000

Total of Adjustments -$82,000

Net Cash flow from Operating activities $67,000

7 0

3 years ago

Computing absorption costing gross profit

Lynna [10]

Answer:

a lot of information is missing, so I looked for a similar question that can help you understand this one:

Variable costs (including direct labor, direct materials and variable overhead) = $80 per units

Fixed overhead = $150,000

a) If Adamson produces 2,000 units, the total cost per unit = $80 + ($150,000 / 2,000) = $80 + $75 = $155

gross profit = total sales revenue - total cogs = (2,000 x $175) - (2,000 x $155) = $350,000 - $310,000 = $40,000

b) If Adamson produces 2,500 units, the total cost per unit = $80 + ($150,000 / 2,500) = $80 + $60 = $140

gross profit = total sales revenue - total cogs = (2,000 x $175) - (2,000 x $140) = $350,000 - $280,000 = $70,000

c) If Adamson produces 5,000 units, the total cost per unit = $80 + ($150,000 / 5,000) = $80 + $30 = $110

gross profit = total sales revenue - total cogs = (2,000 x $175) - (2,000 x $110) = $350,000 - $220,000 = $130,000

4 0

3 years ago