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If the required reserve ratio is 0.2, a $1 billion increase in bank reserves can lead to an increase in M1 of at most $5billion
The amount of reservable liabilities that commercial banks must keep onto rather than lend out or invest is known as the reserve ratio. The central bank of the nation, in this case the Federal Reserve in the United States, sets this criterion. It is often referred to as the ratio of cash reserves.
Simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit yields the required reserve ratio. For instance, if a bank had to hold $500,000 in reserves along with its $10 million in deposits, the minimum reserve ratio would be 1/20, or 5%.
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Question 1 (1 point) One of the ways rent control is inefficient is that it leads to: a markets that maximize total surplus. b higher-quality apartments. c the construction of more apartments. d an increase in producer surplus with a larger decrease in consumer surplus. e high opportunity costs associated with wasted time for apartment seekers.
Answers
One of the ways that rent control is inefficient is that it has high opportunity costs associated with wasted time for apartment seekers.
What is rent control?
This is the term that is used to explain the control that the government of a country has on landlords that lease their houses out to tenants.
It puts a limit on the amount of money that landlords of houses can collect as the rent for their houses.
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What will happen to the interest income of a 401(k) the longer you have the
plan?
A. The interest income will double.
B. The interest income will go down over time.
C. The interest income will stay the same.
D. The interest income will be compounded more.
Answers
Answer:
D. The interest income will be compounded more.
Explanation:
Answer:
the interest income will be compounded more
Explanation: i just took the unit test
Record the adjusting entry for uncollectible accounts.
Calculate the effect on net income (before taxes) and total assets in 2024 for each method.
Answers
1. Recording the adjusting entry for uncollectible accounts on December 31 using the Percentage-of-receivables method of Suzuki Company is as follows:
Debit Bad Debts Expense $3,580
Credit Allowance for Uncollectible Accounts $3,580
To record the adjusting entry for uncollectible accounts.2. Recording the adjusting entry for uncollectible accounts on December 31 using the Percentage-of-credit sales method of Suzuki Company is as follows:
Debit Bad Debts Expense $6,220
Credit Allowance for Uncollectible Accounts $6,220
To record the adjusting entry for uncollectible accounts.3. The computation of the effect (reduction) on net income (before taxes) and total assets in 2024 for each method is as follows:
Net Income Total Assets
Percentage-of-receivables method -$3,580 -$4,680
Percentage-of-credit sales method -$6,220 -$7,320
Data and Calculations:Credit Sales for 2024 = $244,000
Accounts Receivable, December 31, 2024 = $39,000
Allowance for Uncollectible Accounts, December 31, 2024 = $1,100 (Credit)
1. Percentage-of-receivables method. Suzuki estimates 12% of receivables will not be collected.
Uncollectible Allowance = $4,680 ($39,000 x 12%)
Adjusting Entry:Bad Debts Expense $3,580 Allowance for Uncollectible Accounts $3,580
2. Percentage-of-credit-sales method. Suzuki estimates 3% of credit sales will not be collected.
Uncollectible Allowance = $7,320 ($244,000 x 3%)
Adjusting Entry:Bad Debts Expense $6,220
Allowance for Uncollectible Accounts $6,220
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Question Completion:Suzuki Supply reports the following amounts at the end of 2024 (before adjustment).
Credit Sales for 2024 $244,000
Accounts Receivable, December 31, 2024 39,000
Allowance for Uncollectible Accounts, December 31, 2024 1,100 (Credit)
Required:
1. Record the adjusting entry for uncollectible accounts using the percentage-of-receivables method. Suzuki estimates 12% of receivables will not be collected.
2. Record the adjusting entry for uncollectible accounts using the percentage-of-credit-sales method. Suzuki estimates 3% of credit sales will not be collected.
3. Calculate the effect on net income (before taxes) and total assets in 2024 for each method.
Imagine there is a town where the equilibrium quantity of workers is 20, and the equilibrium wage is $60. Given the demand for workers is proportional to wages, and that the demand for workers decreases by 5 persons if wages increase by $10, which of the following statements is correct if the town authorities make a policy of raising the equilibrium wage by 50% as the town’s minimum wage?
(A) The unemployment rate is 83%.
(B) 15 workers experience unemployment.
(C) This policy is welcomed by firms from the perspective of firms’ surplus.
(D) This policy is welcomed by workers from the perspective of workers’ surplus.
Answers
The policy of raising the equilibrium wage by 50% as the town's minimum wage would increase the equilibrium quantity of workers from 20 to 30. Hence option (D), this policy is welcomed by workers from the perspective of workers’ surplus is correct.
What is the equilibrium wage?The supply and demand of labor in a labor market are closely correlated with equilibrium wages. The point at which the supply and demand are equal is known as the equilibrium wage rate. Demand and supply play a role in setting wages in a market that is competitive.
The equilibrium wage will rise with either an increase in demand or a decrease in supply. The equilibrium wage will decline due to changes in supply or demand. The intersection of labor supply and demand is where the equilibrium market wage rate is located.
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Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.
Required:
Compute the company’s residual income for the year.
Answers
Answer: 165,000
Explanation:
To compute the company’s residual income for the year, we can use the formula:
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Given: Net Operating Income = $420,000 sales = $1,500,000
Average Operating Assets = $1,700,000
Minimum Required Rate of Return = 15% = 0.15
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Residual Income = $420,000 – (0.15 x $1,700,000)
Residual Income = $420,000 – $255,000
Residual Income = $165,000
Therefore, the company’s residual income for the year was $165,000.
Volatile price changes, technological changes, and government intervention are what type of risks?
Answers
Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.
What are Volatile price changesVolatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.
Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.
To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.
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00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
Answers
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
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Can u give me a list of ethical products that can start a business?
also give me list of creative inventions
Surely guys, if you answer this, you will get a noble prize and you are getting 50!!!!! POINTS, COME ON Answer this, please give good answers please!
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Economic models are typically based on the principle that people behave rationally. However, people do not always behave rationally Which of the statements is NOT a reason why economists still consider their models valid, in spite of the irrationality of people? For the sake of simplicity, it is easier to create models from generalizations rather than from seemingly random irrational behavior The existing models have been in place for so are considered untouchable, the equivalent of an long, they economic law. People typically behave more rationally over time Despite the flaws in the model, the models are still thorough predictors of market behavior
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The reason why economists still does not consider their models valid, in spite of the irrationality of people because the existing models have been in place for so long, they are considered untouchable, the equivalent of an economic law.
Who are Economists?
The production and distribution of resources, goods, and services are studied by economists through data collection and analysis, trend research, and evaluation of economic concerns.
1. collecting data from numerous sources, compiling and analyzing enormous amounts of data from sources like official statistics, literature, online research, and industry surveys.
2. studying and comprehending economic patterns and models.
3. using software to analyze the data gathered.
Regardless of the particular field they may work in, someone with a degree in economics will discover that they are employable in many domains. Graduates with economics knowledge are in high demand in the worldwide work market.
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High Step Shoes had annual revenues of $185,000, expenses of $103,700, and dividends of $18,000 during the current year. The retained earnings account before closing had a balance of $297,000. The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is: Multiple Choice Debit Retained Earnings $297,000; credit Income Summary $297,000 Debit Retained Earnings $63,300; credit Income Summary $63,300 Debit Income Summary $63,300; credit Retained Earnings $63,300 Debit Income Summary $81,300, credit Retained Earnings $81,300 Debit Retained Earnings $81,300; credit Income Summary $81,300
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The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is: Debit Income Summary $81,300, credit Retained earnings $81,300.
Income Summary accountFirst step is to find the net income
Annual revenues $ 185,000
Less: Expenses ($ 103,700 )
Net Income $ 81,300
Second step is to prepare the journal entry
Debit Income Summary $ 81,300
Credit Retained earnings $ 81,300
(To close the income summary account to Retained earnings)
Inconclusion the entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is: Debit Income Summary $81,300, credit Retained earnings $81,300.
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Which of the following statements is true of penetration pricing?
A) Penetration pricing makes sense only in categories that have a significant group of consumers who would be willing to pay a premium.
B) A company using penetration pricing gains a very high profit on each individual sale.
C) A company using penetration pricing makes profit from the volume of sales.
D)Penetration pricing involves increasing product prices to target upscale consumers.
Answers
(C) A company using penetration pricing makes profit from the volume of sales is true of penetration pricing.
What is penetration pricing?Penetration pricing is a marketing tactic by which a company presents a new product or service at a cheaper price during its initial release.
Penetration pricing strategy seeks to increase market share by luring consumers to test new products in the hopes that they would remain loyal after prices return to normal. An online news website that offers a free trial month for a subscription-based service or a bank that provides a free checking account for six months are two instances of penetration pricing.
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Madison Inc. stock price moves from $95 to $65 and also pays $7 in dividends at the end of the period. What is the rate of return on Madison Inc. stock over this period as a percent to two places.
Answers
Answer:
-24.21%
Explanation:
The rate of return of a stock is the sum of the stock price appreciation and the dividend yield
price appreciation = change in price level = (new price - old price) / old price ($65 - $95) / $95 = -0.3158
dividend yield = dividend / initial price $7/$95 = 0.07368
Rate of return = 0.07368 - 0.3158 = -0.2421 = -24.21%
Most businesses won't tell you the truth about their product or service.Their job is tell you the good things Your job is to find out the truth.
Answers
Most businesses won't tell you the truth about their product or service. Their job is to tell you the good things Your job is to find out the truth. this statement is true.
Business nouns are countable or uncountable. In more general and commonly used contexts, the plural can also be business. However, in more specific contexts, the plural can also be firm. Concerning various kinds of companies or collections of companies.
A company is defined as an organization or business entity engaged in commercial, industrial, or professional activities. A company can be either a commercial entity or a non-profit entity. Company types range from limited liability companies to sole proprietors, corporations, and partnerships. Business is made up of individuals working together to meet the needs of society and common goals. Examples of businesses include Coca-Cola and Walmart, as well as small private companies such as accounting firms and local grocery stores.
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B. Matching Type. Match Column B with Column A
Answers
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
Alibaba has a labyrinth-like internal structure that is complex when compared to most business models. The structure allows the company to grow rapidly integrating product offerings while preserving management flexibility. This structure is designed to counter multiple choice 4 both domestic competition and international competition. domestic competition. international competition. None of the answers are correct.
Answers
Answer:
The correct answer would be "Both domestic competition and international competition." Alibaba's labyrinth-like internal structure is indeed complex and allows the company to rapidly integrate product offerings while preserving management flexibility. This structure is designed to counter competition, both from domestic companies within China and international companies outside of China. By having a complex and adaptable internal structure, Alibaba can navigate the competitive landscape more effectively and seize opportunities in various markets.
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Often in business the greater the risk, the __________.
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Answer:
greater the potential reward
Explanation:
19. Which part of the lease gives the landlord the right to remove the tenants
belonging and remove from the premises
a) Parties/Premises
b) Enforcement
c) Hold Harmless
d) Default
Answers
Answer:
B
Explanation:
enforcement
What is marketing-information management (MIM)?
Answers
Answer:
Explanation:
Marketing Information Management (MIM) The process and methods used to gather information, analyze it, and report findings related to marketing goods and services.
Answer:
mm
Explanation:
The number one reason for the failure of new business is A poor marketing B poor management C insufficient cash D taking too many risks
Answers
The number one reason for the failure of new business is taking too many risks. Thus option (D) is correct.
What is a business?A business can be referred to as an organization or enterprising entity that engages in professional, commercial or industrial activities. There are different types of businesses like sole proprietorships, partnerships, corporations, and more.
The businesses are basically work for profit motive. Businesses can be small-scale or large-scale. Some of the biggest businesses in the world are Amazon and Walmart.
The number one reason for the failure of new business is taking too many risks. Therefore, option (D) is correct.
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I am not a very adventurous person on the job.
Answers
The adjective in your statement is "adventurous." It depicts the sort of individual you are, showing that you are not leaned to face challenges or search out new encounters in your work.
A Adjectives is a word that depicts or changes a thing or pronoun. It gives extra data about the thing or pronoun by giving insights regarding its quality, size, shape, variety, and so forth. Modifiers can be utilized to improve depictions and give more clear and explicit implications.
Adjectives are utilized to give more data about things or pronouns in a sentence. Generally, descriptive words assume a vital part in adding profundity, explicitness, and subtlety to our language, permitting us to communicate an extensive variety of data about our general surroundings.
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Your question is incomplete, probably the complete question is-
I am not a very adventurous person on the job. What is the adjective here?
An effective price ceiling in a competitive industry will mean that which of the following is true?
a Marginal cost is greater than marginal revenue.
b Marginal revenue is greater than marginal cost.
c Marginal cost is equal to marginal revenue.
d One cannot tell because the price ceiling prohibits the competitive firms from producing at a profit-maximizing rate of
output.
Answers
C) In a competitive market, an effective price ceiling will result in marginal cost and marginal revenue being equal.
What is the price cap?The imposed maximum price a seller is permitted to charge for a good or service is known as a price ceiling. Price ceilings are typically applied to necessities like food and energy products when they become unaffordable for regular consumers.
Price ceilings are typically established by law. In essence, a price cap is a form of price control. Price caps can be useful for making necessities affordable, if only temporarily. However, economists question the long-term value of such ceilings.
There are numerous instances of price caps imposed by the government, typically for goods that are regarded as necessary or essential. Here are a few typical instances of price ceilings.
Ceilings on rentFuel and food price ceilingsCost ceilings for prescription medications and lab tests.Learn more about the price ceiling with the help of the given link:
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2. The demographics of your target market are likely to
over the course of
years
Answers
The demographics of your target market are likely to change
over the course of years.
What is demographics?Marketing demographics are variables like as age, geographic region, education level, employment, income, and so on that are used to categorize and segment a market. Marketing demographics make use of readily available information.
The statistical study of human populations is known as demography. Demographers evaluate population number, mobility, and structure using census data, surveys, and statistical models.
Demographic traits are easily discernible. Age, gender, family situation, education level, income, occupation, and race are just a few examples.
Hence, these traits change over time.
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On January 1, 2013, US Manufacturing purchased a machine for $ 830,000. The company expected the machine to remain useful for ten years and to have a residual value of $ 60,000. US Manufacturing uses the straight-line method to depreciate its machinery. US Manufacturing used the machine for six years and sold it on January 1, 2018, for $ 300,000.1. Compute accumulated depreciation on machine on January 1, 2018.2. Record the sale of the machinery on January 1,2018.
Answers
Answer and Explanation:
The computation and the journal entry is shown below:
1. For accumulated depreciation, first we have to find out the depreciation expense using the straight line method
= (Original cost - salvage value) ÷ (Useful life)
= ($830,000 - $60,000) ÷ (10 years)
= $77,000
Now the accumulated depreciation for 5 years is
= $77,000 × 5 years
= $385,000
2. Now the journal entry is
Cash $300,000
Loss on sale or disposal $145,000
Accumulated Depreciation - Machine equipment $385,000
To Machine equipment $830,000
(Being the sale of the machinery is recorded)
For recording this we debited the cash, loss and accumulated depreciation as it increased the assets, losses, and the accumulated depreciation balance and credited the machine equipment as it decreased the assets
Advise business on the role of intermediaries in the distribution process.
Answers
Intermediaries, in business and marketing, are those that act as a middleman between the producer and the consumer. The role of intermediaries in the distribution process of goods and services is to ensure that products and services are moved from the producer to the consumers.
There are several types of intermediaries in the distribution process, including wholesalers, retailers, agents, and brokers. They play a crucial role in the distribution process in the following ways:
Assist in Sorting and Selection: Intermediaries help producers to sort and select their products, which saves time and money for producers.Assist in Breaking Bulk: Intermediaries buy goods in large quantities from producers and then break them into smaller quantities. This makes it possible for producers to sell their products in smaller quantities, making it possible for consumers to afford them.Helps in Transporting Goods: Intermediaries help in transporting products from producers to consumers by offering transportation services at lower costs. They also assist in the warehousing of goods, which helps in the storage and protection of goods.Assist in Financing: Intermediaries play an important role in financing. They buy goods from producers, hold them, and then sell them to consumers. This helps to reduce the risk of loss for producers by providing cash up front for goods sold. They also offer credit facilities to consumers, which makes it possible for them to buy goods without having to pay cash upfront.Help in Providing Information: Intermediaries help to provide information about products and services to consumers, making it easier for them to make informed decisions. They also help to provide feedback to producers about the quality of their products and services.For more such questions on marketing
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The final phase of the systems development life cycle is systems ________. Select one: a. implementation b. maintenance c. operation d. design e. analysis
Answers
Answer:
b. maintenance
Explanation:
The systems development life cycle contains 5 steps i.e.
1. Planning
2. Analysis
3. Design
4. Implementation
5. Maintenance
The final phase is the maintenance & required regular updated. It occurs when the end users could fine the system in the case when they want to increase the performance, or add new capabilities or meeting extra user requirements so it can be done under this step
Ross Martin arrived at the following tax information:Tax information:
Gross Salary. $59,045
Interest Earnings. $305
Dividend Income. $265
Stamdard deductions. $12,000
Itemized deductions. $11,450
Adjustments to Income. $2,200
What amount would Ross report as taxable income?
Answers
Answer:
$33,965
Explanation:
Calculation to determine What amount would Ross report as taxable income
Using this formula
Taxable income =Gross Salary+Dividend Income+Interest Earnings-Adjustments to Income-Itemized deductions-Standard deductions
Let plug in the formula
Taxable income = $59,045 + $265+ $305 − $2,200 − $11,450 − $12,000
Taxable income= $33,965
Therefore The amount that Ross would report as taxable income is $33,965
Fill out the tax forms for:Ivy Perry, age 40, is single and has no dependents. She is employed as a legal secretary by Legal Eagle Beagle, Inc. She owns and operates Type It located near the campus of Florida Community College at 200 College Road. Ivy is a material participant in the business. She is a cash basis taxpayer. Ivy lives at 6020 College Road, Pensacola, Fla. 33210. Ivy's Social Security number is 123-44-5678. Ivy indicates that she wishes to designate $3 to the Presidential Election Campaign Fund. During 2021, Ivy had the following income and expense items: a. $50,000 salary from Legal Eagle Beagle, Inc. b. $20,000 gross receipts from her typing business c. $700 interest income from Florida Community Bank. d. $1,000 Christmas bonus from Legal Eagle Beagle, Inc. e. $60,000 life insurance proceeds on the death of her brother. f. $5,000 check given by her wealthy uncle g. $100 won in a bingo game. h. Expenses connected with the typing business: Office Rent Supplies Utilities and telephone Wages paid to part-time typists Payroll Taxes Equipment Rentals $7,000 4,400 4,680 5,000 500 3,000 i. $8,346 interest expense on a home mortgage (paid to Florida Community Savings& Loan) j. $5,000 fair market value of silverware stolen from her home by a burglar on October 12 2021; Ivy had paid $4,000 for the silverware on July 1, 2008. She was reimbursed $1,500 by her insurance company k. Ivy had loaned $2,100 to a friend, Deb Dobson, on June 3, 2018. Deb declared bankruptcy on August 14, 2021 , and was unable to repay the loan. Legal Eagle Beagle, Inc. withheld Federal income tax of $7,500 and FICA tax of $3,551 (which was adequate for 2021). Assume the loan is a bona fide debt. 1. m. Alimony of $10,000 received from her former husband, Tony Springfield. n. Interest income of $800 on City of Pensacola bonds. o. Ivy made estimated Federal tax payments of $1,000. p. Sales tax from the sales tax table of $654. q. Charitable Contributions of $2,500. What is the Total income, Adjusted gross income, Taxable income, Tax liability, and amount of federal tax due or refunded.
Answers
Based on the provided information, Ivy Perry's tax situation for 2021 is as follows:
Total Income: $71,800
Adjusted Gross Income (AGI): $47,220
Taxable Income: $34,670
Tax Liability: $3,961.40
Federal Tax Refund: $4,538.60
What is taxation?Taxation is the imposition of compulsory levies on individuals or entities by governments.
It should be noted that Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes.
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If a contingent liability is reasonably estimable and it is reasonably possible that the contingency will occur, the contingent liability Group of answer choices should be recorded in the accounts. should be disclosed in the notes accompanying the financial statements. should not be recorded or disclosed in the notes until the contingency actually happens. must be paid for the amount estimated.
Answers
Answer:
Should be disclosed in the notes accompanying the financial statements
Explanation:
You have to report contingent liabilities that are reasonably possible to occur, but since they haven’t occurred, you don’t record or pay them until they actually occur. You report them in the notes only.
Calculate the price rises from $17 a dozen to $23 a dozen, the elasticity of supply is
Answers
(2 points) of the most important pillar
given the current socio‐economic conditions in South Africa as well as the broader contexts of mismanagement, tender irregularities, and fraud in South African Government institutions.
Answers
The pillars of accountability, transparency, good governance, and anti-corruption measures are crucial for addressing issues organization in South African government institutions.
One of the main points of support for tending to the current financial circumstances and the more extensive settings of fumble, delicate abnormalities, and misrepresentation in South African government organizations is responsibility.
This support point incorporates both individual and institutional responsibility, and it is fundamental for guaranteeing that those answerable for debasement and botch are viewed to be responsible.
Individual responsibility includes considering people liable for their activities, incorporating arraigning those associated with defilement and maladministration.
Institutional responsibility includes guaranteeing that administration foundations are straightforward, viable, and effective in their activities. This can incorporate measures like customary reviews, public detailing, and autonomous oversight.
Notwithstanding responsibility, different points of support that are fundamental for resolving these issues incorporate straightforwardness, great administration, and compelling enemy of defilement measures.
These points of support require a guarantee to transparency, decency, and uprightness from government authorities, as well as a readiness to resolve foundational issues and execute changes to reinforce administration and responsibility.
By and large, the mainstays of responsibility, straightforwardness, great administration, and hostile to defilement measures are critical for tending to the current financial circumstances and the more extensive settings of bungle, delicate anomalies, and extortion in South African government organizations.
Without these points of support set up, it will be challenging to reestablish public confidence in government and to advance feasible financial turn of events.
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