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3 years ago

What does it mean when the irs acknowledges your return?.

Business

1 answer:

IceJOKER [234]3 years ago

5 0

Answer:

When you receive confirmation that the IRS accepted your return, it means that they have reviewed your return, and it has passed their initial inspection. They verify your personal information and other basic items, like if your dependents have already been claimed by someone else.

Explanation:

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Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $184,000

lana [24]

Answer:

$84,250

Explanation:

The computation of the estimated inventory loss is shown below:

= Opening Inventory + Purchases - Cost of Sales

where,

Cost of sales is

= $494,000 ×100 ÷ 160

= $308,750

And, the opening inventory is $184,000

And, the purchase is $209,000

So, the estimated inventory loss is

= $184,000 + $209,000 - $308,750

= $84,250

We simply applied the above formula so that the estimated inventory loss could arrive

7 0

3 years ago

The Knot is an online company that helps people with the complex task of planning a wedding. Multiple vendors are recommended fo

Mice21 [21]

Answer: Service and Information.

Explanation:

The Knot provides different services that is related to planning a wedding. It also provides information for starting your life as a married couple. The different services and information offered are:

-Recommendations for several wedding related things

-Establish website that acts as a registry

-Providing information on how to begin life as a married couple

5 0

4 years ago

Compared to a perfectly competitive firm, a monopolist____________.

alukav5142 [94]

Answer:

D. usually produces an inefficiently small level of output.

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices is usually set by market forces. There is no need for advertising because all firms produce homogenous products. There is little or no need for government regulation because goods and services are efficiently distributed.

A monopoly is characterised by one firm in the industry. The firm sets the market price. The government regulates the activities of the activities of a monopoly to reduce inefficiency that usually occur. Either quantity produced or price are usually regulated by the government to reduce inefficiency and ensure fair distribution of goods and services.

Monopoly firms usually advertise and undertake more research activities when compared to a pure competition.

I hope my answer helps you

6 0

3 years ago

please discuss the similarities and differences between transformational and charismatic leadership. Choose an individual that q

Nookie1986 [14]

Answer:

The transformational leaders are bureaucratic and charismatic are people oriented in nature.

Explanation:

The charismatic leaders are also called as the transformational leaders and shares various things.

Charismatic leaders make their status better and transformational leaders focus on the transformation of the organization's vision. The main difference is the focus and the audience.

The charismatic leaders are committed and have engaging personalities like martin Luther king as his speeches were often more tangible than other leaders and used to have a huge influence on the people he met.

The charismatic leaders are more emotionally attached to their audience. They work towards an emphasis on the greater good. More people-oriented.

6 0

3 years ago

J&J Materials and Construction Corporation produces mulch and distributes the product by using dump trucks. The company use

lilavasa [31]

Answer:

$3,999.04 F

Explanation:

Calculation to determine the flexible-budget amount for variable manufacturing overhead?

First step is to calculate the Budgeted fleet hours per unit

Budgeted fleet hours per unit = 568 ÷ 710

Budgeted fleet hours per unit = 0.8

Second step is to calculate the Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads = 660 × 0.8

Budgeted fleet hours allowed for 660 truckloads = 528

Third step is to calculate the Budgeted variable overhead rate per machine hour

Budgeted variable overhead rate per machine hour = $89,460 ÷ 528

Budgeted variable overhead rate per machine hour = $169.43

Fourth step is to calculate the Flexible-budget amount

Flexible-budget amount = 528× $169.43

Flexible-budget amount= $89,459.04

Now let calculate the Flexible-budget variance

Flexible-budget variance = $85,460 − $89,459.04

Flexible-budget variance= $3,999.04 F

Therefore the Flexible-budget variance is $3,999.04 F

4 0

3 years ago