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attashe74 [19]
2 years ago
9

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

Business
1 answer:
IceJOKER [234]2 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:

You might be interested in
. Tierney Enterprises is constructing its cash budget. Its budgeted monthly sales are $5,000, and they are constant from month t
mel-nik [20]

Answer:

b.$1,150

Explanation:

Sales Collection   $5,000*.98                      $4,900

Payment of purchases  $5,000*50%            ($2,500)

Other payments            $5,000*25%             ($1,250)

Net Cash flow during a typical month             $1,150      

3 0
4 years ago
How does a market system prevent people from getting as many goods and services as they wish?
Dvinal [7]
Prices prevent this. Lots of people can't afford to get as much as they wish, rather as much as they can buy. That's why a market system and stores don't sell out so easily, because people don't buy as much as they really wish for, but how much they need. 
Hope this helps!
7 0
3 years ago
Paper Company receives a $6,000, three-month, 6% promissory note from Dame Company in settlement of an open accounts receivable.
7nadin3 [17]

Answer:

The correct entry is d. Notes Receivable, Dame Company6,000 Accounts Receivable, Dame Company6,000

Explanation:

Note receivable is a written promise to get a specific amount of money at a chosen future date. In other words, a Notes receivable is an asset of Paper Company because it holds a written promissory note from Dame Company. Since Paper Company is receiving cash, it an asset (Asset means the possessions of a company). The note receivable is due within a year, and then it is a current asset on the balance sheet

In this question, Paper Company will debit it note receivable and credit it account receivable (amount owed by Dame Company) as shown on the journal below

General Journal                                  Debit    Credit

Notes Receivable—Dame Company $6,000

Accounts Receivable—Dame Company  $6,000

6 0
3 years ago
The Absolute Finance Company (AFC) earned $5 a share last year and paid a dividend of $2 per share. Next year, you expect AFC to
kozerog [31]

Answer:

Explanation:

56. The Absolute Finance Company (AFC) earned $5 a share last year and paid a dividend of $2 per share. Next year, you expect AFC to earn $6 a share next year and continue its payout ratio. Assume that you expect to sell the stock for $45 a year from now. If you require a 13 percent return on this stock, how much would you be willing to pay for it? a. $41.95 b. $43.21 c. $45.13 d. $46.72 e. $47.40 ANS: A Expected dividend in one year = (2/5)(6) = $2.40 Value today = ($45 + $2.40)/(1.13) = $41.95

3 0
3 years ago
Carlton runs an adventure excursion company in South America. He'd like to increase the number of people booking his tours. Whic
attashe74 [19]

Answer:

Researching South American holiday destinations online.

Explanation:

As Carlton runs an adventure excursion company in South America and he'd like to increase the number of people booking his tours, researching South American holiday destinations online can lead potential customers to Carlton's company through Google Search ads. In this way, Carlton can have a better idea abut the trends and insights about his potential prospects which definitely will help him in attracting, targeting and getting them in a better and effective way, theretofore, he can increase the number of people booking his tours.

8 0
3 years ago
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