At what value should the land be recorded in clementine repair service records?

At What Value Should The Land Be Recorded In Clementine Repair Service Records?

Answers

Answer 1

Answer: $369,500

Explanation:

The Cost concept of accounting calls for the recording of Assets at their cost.

Clementine Repair services offered to buy the land at $350,500 when it was priced at $388,500.

The seller countered with $369,500 and Clementine accepted this.

This means that Clementine bought the land for $369,500 which makes it the cost price.

They should therefore record it at $369,500.


Related Questions

what is the background of the unilever company?

Answers

Answer:

Ueliever somthing i forgot

Explanation:

In its proposed 2020 income statement, Hrabik Corporation reports income before income taxes $493,000, income taxes $172,550 (not including unusual items), loss on operation of discontinued music division $58,000, gain on disposal of discontinued music division $38,000, and unrealized loss on available-for-sale securities $151,000. The income tax rate is 35%.

Prepare a correct statement of comprehensive income, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).)

In its proposed 2020 income statement, Hrabik Corporation reports income before income taxes $493,000,

Answers

The correct statement of comprehensive income is $209,300

Hrabik Corporation Statement of comprehensive income (partial) For the year ended December 31, 2020

Income before income taxes $493,000

Less Income tax expense $172,550

Income from continuing operations $320,450

($493,000-$172,550)

Discontinued operations

Loss from operation of discontinued division ($37,700)

[$58,000×(1-35%)]

Gain  from disposal of discontinued division $24,700

[$38,000×(1-35%)]

($13,000)

Net Income $307,450

($320,450-$13,000)

Unrealized Loss  on available-for-sale Securities ($98,150)

[$151,000×(1-35%)]

Comprehensive income $209,300

($307,450-$98,150)

Inconclusion The correct statement of comprehensive income is $209,300

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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000

Answers

Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000

How to find the equity?

The Owners equity is one of the parts of the Accounting equation which is:

Assets = Liabilities + Owners Equity

The Assets in this instance is $573,000 and the Liabilities are $272,000.

The Owner's equity is the missing amount and it can be found as:

573,000 = 272,000 + Owners Equity

Owners Equity = 573,000 - 272,000

Owners Equity = $301,000

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karen is a producer who has obtained personal information about a client without having a legitimate reason to do so under the mfaren act what is the minimum penalty for this quezlet?

Answers

Anyone who gets customer information without having a good basis to do so faces a $10,000 fine or up to one year in jail as punishment.

The required details for fine in given paragraph

An amount of money that a court of law or other authority determines must be paid as punishment for a crime or other transgression is known as a fine or mulct (the latter term is commonly used in civil law). Although it can vary depending on the circumstances, fines are frequently disclosed in advance. A cautionary sign in Singapore that informs drivers of the cost associated with unfreezing their vehicles after private security has immobilized them in a private space using wheel clamps. Irregular parking is punished with a fee by a parking attendant. The phrase is most frequently used to refer to monetary fines or settlements for claims or as financial penalties for crimes, particularly small ones.

Paying a fine for breaking traffic laws is a typical example of a fine. For low-level criminal offenses, English common law currently uses relatively minor fines instead of or in addition to community service requirements.

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Explain the nature of economic theory

Answers

Answer:

please give me brainlist and follow

Explanation:

Nature of Economic Theory: Economic theory involves generalisations which are statements of general tendencies or uniformities of relationships among various elements of economic phenomena. A generalisation is the establishment of a general truth on the basis of particular experiences.

Help I will give brainliest at least a couple done

Help I will give brainliest at least a couple done

Answers

Answer:

#2 is concierge

#3 is event planner

#4 is cafeteria worker

#5 is garden ranger

#6 is exhibit developer

#7 is kitchen steward

#8 is destination manager

#9 is pastry chef

#10 is desk clerk

#11 is bell captain

#12 is slot supervisor

#13 is club membership developer

#14 is dishwasher

#15 is motion picture something?

#16 is van driver

#17 is amusement ride attendant

#18 is waiter

#19 is sports book writer

#20 is product demonstrator

#21 is festival promotional something?

#22 is animal trainer

#23 is ticket taker

#24 is tour operator

#25 is dietician

#26 is welcome center supervisor

#27 is baggage porter

#28 is cut off

#29 is restaurant owner

#30 is barista

Explanation:

HOPE THIS HELPS! :)

Prepare the December 31 entry for Pina Corporation to record amortization of intangibles. The trademark has an estimated useful life of 4 years with a residual value of $3,720.

Answers

Answer and Explanation:

The journal entry is as follows;

Amortization expense  $1,585 ($16,400 - $3,720) ÷ 4 years × 0.5

           Trademarks $1,585

(Being the amortization expense is recorded)

As we debit the amortization expense as it increased the expenses and at the same time we credited the trademarks as it decreased the assets

The use of ________ power gets a channel member to behave in a certain way because there is a contractual agreement between two firms.

Answers

Answer:

The use of _Legitimate_ power

Explanation:

Legitimate power comes from having a position of power in an organization, such as being the boss or a key member of a leadership team. This power comes when employees in the organization recognize the authority of the individual.

How does competition affect businesses in a positive way?

Answers

Competition in business can affect businesses in a positive way. Competition is the rivalry that exists between businesses that provide the same products or services to the same target market. It can be a positive force that spurs businesses to improve their services and products and to come up with innovative ideas.

Here are some of the positive effects that competition can have on businesses:

Increased innovation: The competition encourages businesses to come up with new and innovative products or services to attract more customers. For example, the rivalry between Apple and Samsung has resulted in the development of better smartphones with more advanced features. As a result, consumers get access to the latest technology.

Improved quality: Competition can motivate businesses to produce high-quality products or services to meet the needs of their customers. If one company raises the bar by providing superior quality, other companies are forced to follow suit to keep up. This benefits consumers as they get access to high-quality products and services.

Lower prices: When businesses compete, they are forced to lower their prices to attract more customers. This benefits consumers who can purchase products and services at a lower price.

Increased customer service: Competition can result in businesses improving their customer service to retain their customers and attract new ones. Businesses that provide excellent customer service can gain a competitive advantage over their rivals. As a result, customers receive better service, which enhances their overall experience.

Increased efficiency: Competition can encourage businesses to streamline their operations to improve efficiency and reduce costs. This, in turn, can result in increased profits, which can be passed on to customers in the form of lower prices.

In conclusion, competition in business can have many positive effects. It can lead to increased innovation, improved quality, lower prices, increased customer service, and increased efficiency.

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Chloe’s Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.80 for 2,800 and $0.75 for 5,600. Required: If the total cost function for croissants is linear, what will be the average cost to bake 4,800?

Answers

What will be the average cost to bake 4,800 is $0.76

First step is to determine the total cost

Total cost at 2,800

=$0.80 ×2,800

=$2,240

Total cost at 5,600

=$0.75 × 5,600

=$4,200

Second step is to determine the Variable cost per unit

Variable cost per unit=$4,200-$2,240

Variable cost per unit=$1,960

Variable cost per unit=5,600-2,800

Variable cost per unit=2,800

Variable cost per unit=$1,960/2,800

Variable cost per unit=$0.70

Now let determine the average cost

Average cost=$0.70×4,800+[($0.80×2800)-(2,800 ×$0.70)]

Average cost=$3,360+($2,240-$1,960)

Average cost=$3,360+$280

Average cost=$3,640

Average cost =$3,640/4,800

Average cost=$0.76

Inconclusion What will be the average cost to bake 4,800 is $0.76

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An increase in income is always possible with out increasing expenses.
O True
False

Answers

The answer is true because you don’t always have to increase your expenses .

for each of the situations described, state whether the sampling procedure is simple random sampling, stratified random sampling, cluster sampling, systematic sampling, or convenience sampling. (a) all first-year students at a university are enrolled in one of 40 sections of a seminar course. to select a sample of freshmen at this university, a researcher selects four sections of the seminar course at random from the 40 sections and all students in the four selected sections are included in the sample. cluster sampling simple random sampling stratified random sampling systematic sampling convenience sampling (b) to obtain a sample of students, faculty, and staff at a university, a researcher randomly selects 60 faculty members from a list of faculty, 100 students from a list of students, and 50 staff members from a list of staff. cluster sampling simple random sampling stratified random sampling systematic sampling convenience sampling (c) a university researcher obtains a sample of students at his university by using the 84 students enrolled in his psychology 101 class. cluster sampling simple random sampling stratified random sampling systematic sampling convenience sampling (d) to obtain a sample of the seniors at a particular high school, a researcher writes the name of each senior on a slip of paper, places the slips in a box and mixes them, and then selects 20 slips. the students whose names are on the selected slips of paper are included in the sample. cluster sampling simple random sampling stratified random sampling systematic sampling convenience sampling (e) to obtain a sample of those attending a basketball game, a researcher selects the 29th person through the door. then, every 50th person after that is also included in the sample. cluster sampling simple random sampling stratified random sampling systematic sampling convenience sampling

Answers

Based on the given information,  The sampling procedure applied is

cluster samplingStratifiedConveniencesimple random sampling Systematic

What is the sampling procedure?

For choosing a subset of a population to participate in the research and allowing you to test a claim about the features of a population, sampling is a procedure or approach utilized.

The analogy used to describe a representative sample is that of picking several numbers out of a hat after placing everyone's names in it. The list of components is "recorded off" in systematic sampling with proper styructure.

By separating the population into groupings, typically geographical ones, cluster sampling is carried out. As the names suggest Clsuter which names segregate on clusters geographically.

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Motivating employees is more challenging today than two decades ago because:_______A) employers have difficulty understanding the different needs and expectations that younger generation employees bring to the workplace. B) there are more layers of management today, which makes it more difficult to motivate everyone in management positions. C) corporate downsizing and reduced job security have damaged the levels of trust employees need to work beyond minimum levels. D) all of the above. E) 'A' and 'C' only.

Answers

Answer:  E) 'A' and 'C' only.

Explanation:

The younger generation of today are in a new world with new values as opposed to the generation that were at work two decades ago. As such, they need to be motivated in different ways. Where in the past simply using money to motivate was the solution, today's generation require other things to motivate them as well such as fulfilment.

Employers therefore have more difficulty understanding the different needs and expectations that this younger generation bring to the workplace.

Also, with the constant downsizing that affects the workplace today, job security is not as pronounced as in the past which has led to employee morale and trust being damaged because they know that they could work really hard and still have their jobs terminated. A lot of them therefore just work at the minimum level so as not to give too much in case they are indeed fired.

omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?

A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.

B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.

C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.

D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.

Answers

The correct statement that compares the premium prices for these insurance policies is:

B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.

In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.

A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.

Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.

Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.

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Question 3 a. In choosing a supplier of raw materials for operations, there are a number of factors that need to be considered. Mention any three (3) of such factors. ​

Answers

When choosing a supplier of raw materials for operations, it's important to consider a variety of factors to ensure that you're making the best decision for your business. The factors are  Quality, Price, Delivery time and reliability.

Below are three of such factors to consider:

1. Quality: The quality of the raw materials is a vital factor that you should consider when selecting a supplier. The quality of the raw materials will influence the quality of the finished goods produced. As a result, you'll need to ensure that the supplier you choose provides consistent, high-quality raw materials that meet your specifications.2. Price: Cost is an important factor to consider when selecting a supplier. You should ensure that the supplier is providing you with high-quality raw materials at a reasonable cost. It's also important to note that the cheapest supplier may not always be the best option, as quality may be compromised.3. Delivery time and reliability: It's critical to consider the delivery time and reliability of the supplier. The supplier should be able to deliver the raw materials on time and as agreed upon. Delayed deliveries can disrupt your operations, and if they occur frequently, they can damage your business reputation. Reliability is also important to ensure consistent supply and avoid running out of raw materials.

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The table below shows Lanark's production possibilities.


A B C D E F
Wheat 0 180 315 405 450 468
Cars 190 181 163 127 73 0

a. If Lanark is producing 145 cars, it can produce approximately
wheat.

b. If Lanark is currently producing combination C, the cost of 90 more wheat is

(Click to select)
.

c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is

(Click to select)
. If necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10.

Answers

If Lanark is currently generating 145 buses, it can generate about 180 units of wheat. .

b. The cost of 90 further wheat is 90.

c. The approximate per unit cost of an fresh auto is 54.

To determine the approximate quantum of wheat Lanark can produce if it's presently producing 145 buses , we need to find the matching value in the" Wheat" column. Grounded on the given table, we can see that the values in the" buses" column drop from left to right. thus, we need to find the combination where the number of buses is closest to 145, which is combination B. In combination B, Lanark can produce roughly 180 units of wheat.

We can find the cost of 90 further wheat by comparing the wheat values between combinations C and D, If Lanark is presently producing combination C. The wheat value in combination C is 315, and the wheat value in combination D is 405.

The difference between these two values represents the fresh wheat produced when moving from combination C to combination D. In this case, the difference is 405- 315 = 90. thus, the cost of 90 further wheat is the difference between the wheat values in combination C and D, which is 90.

we can determine the approximate per unit cost of an fresh auto by comparing the auto values between combinations D and E, If Lanark is presently producing combination D. The auto value in combination D is 127, and the auto value in combination E is 73.

The difference between these two values represents the drop in auto product when moving from combination D to combination E. In this case, the difference is 127- 73 = 54.

thus, the approximate per unit cost of an fresh auto is the difference between the auto values in combination D and E, divided by the drop in auto product, which is 54/ 1 = 54.

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Classifying cost behavior classify the total costs of each of the following as variable, fixed, or mixed.
a) Straight-line depreciation on a building
b) Maintenance costs at a hospital
c) Rent on a photocopy machine charged as a fixed amount per month plus an additional charge per copy.
d) Cost of goods sold in a bookstore.
e) Salaries paid to temporary instructors in a college as the number of course sessions varies.
f) Lumber used by a house construction company.
g) The costs of operating a research department
h) The cost of hiring a dance band for three hours
i) Laser printer paper for a department printer
j) Electric power in a restaurant

Answers

No matter how many units you produce or sell, fixed costs remain the same. Variable expenses are straightforwardly attached to your deals and creation.

How does the time horizon affect the cost classification into variable, fixed, and mixed categories?

There will be both variable and fixed costs in a shorter time horizon. All costs change over a longer time frame. Over the long haul, all expenses are variable. At least one cost is set in stone for the short term.

a. straight-line building depreciation: fixed .

b . Hospital maintenance costs: mixed .

c.rent for a photocopier, which is a fixed monthly amount plus an additional fee for each copy: mixed .

d. cost of merchandise sold in a book shop : a variable

e. salaries paid to temporary instructors at a college when there are different numbers of course sessions: step .

f. a house construction company uses the following lumber: a variable

g . the operating expenses of a research department: mixed .

h. how much it would cost to hire a dance band for three hours: fixed .

i. paper for a laser printer that is used in a department: a variable

j. restaurant electric power: mixed .

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Fig Newton Industries is considering a project and has developed the following estimates: unit sales = 7,525, price per unit = $149, variable cost per unit = $91, fixed costs = $216,400. The depreciation is $94,700 a year and the tax rate is 43 percent. What effect would an increase of $1 in the selling price have on the operating cash flow

Answers

Answer:

Effect on income= 4,289.25 increase

Explanation:

Giving the following information:

Units sold= 7,525

Tax rate is 43 percent.

Increase in the selling price= $1

If all costs remain constant, we need to calculate the increase in contribution margin and the tax effect.

Effect on income:

Contribution marin= 7,525*1= 7,525

Tax= 7,525*0.43= (3,235.75)

Effect on income= 4,289.25 increase

Using the following information, let’s determine the cost of goods sold and ending inventory for one of the products you sold during the month of January using 1) FIFO and 2) LIFO:

January 1 – beginning inventory 20 units at a cost of $6 per unit

January 2 – sold 15 units at $15

January 5 – sold 3 units at $15

January 10 – purchased 40 units at a cost of $7 per unit

January 15 – sold 30 units at $15

January 17 – sold 5 units at $15

January 20 – purchased 30 units at a cost of $9 per unit

January 25 – sold 22 units at $15

Prepare the journal entries for the purchase and sales transactions above. In addition, indicate

where the accounts in the journal entries appear on the financial statements.

Answers

Therefore, the cost of goods sold using LIFO is $618 [(15 x $6) + (3 x $9) + (30 x $19.27) + (5 x $9) + (22 x $9)], and the ending inventory is $60 [(10 x $6)].

How to represent the information

Here are the journal entries for the purchase and sales transactions:

January 2:

Accounts Receivable $225

Sales $225

(To record sale of 15 units at $15 each)

January 5:

Accounts Receivable $45

Sales $45

(To record sale of 3 units at $15 each)

January 10:

Inventory $280

Accounts Payable $280

(To record purchase of 40 units at $7 each)

January 15:

Accounts Receivable $450

Sales $450

(To record sale of 30 units at $15 each)

January 17:

Accounts Receivable $75

Sales $75

(To record sale of 5 units at $15 each)

January 20:

Inventory $270

Accounts Payable $270

(To record purchase of 30 units at $9 each)

January 25:

Accounts Receivable $330

Sales $330

(To record sale of 22 units at $15 each)

To determine the cost of goods sold and ending inventory using FIFO and LIFO, we need to determine the cost of the units sold and the units remaining in inventory.

Using FIFO:

The 15 units sold on January 2 were from the beginning inventory at $6 per unit.

The 3 units sold on January 5 were also from the beginning inventory at $6 per unit.

The 30 units sold on January 15 were from the beginning inventory (15 units) and the January 10 purchase (15 units), costing a total of $255 [(15 x $6) + (15 x $7)].

The 5 units sold on January 17 were also from the beginning inventory at $6 per unit.

The 22 units sold on January 25 were from the beginning inventory (3 units) and the January 20 purchase (19 units), costing a total of $213 [(3 x $6) + (19 x $9)].

The remaining inventory is 10 units from the January 20 purchase at $9 per unit.

Therefore, the cost of goods sold using FIFO is $558 [(15 x $6) + (3 x $6) + (15 x $7) + (5 x $6) + (22 x $9)], and the ending inventory is $90 [(10 x $9)].

Using LIFO:

The 15 units sold on January 2 were from the beginning inventory at $6 per unit.

The 3 units sold on January 5 were from the January 20 purchase at $9 per unit.

The 30 units sold on January 15 were from the January 20 purchase (19 units) and the January 10 purchase (11 units), costing a total of $578 [(19 x $9) + (11 x $7)].

The 5 units sold on January 17 were from the January 20 purchase at $9 per unit.

The 22 units sold on January 25 were from the January 20 purchase at $9 per unit.

The remaining inventory is 10 units from the beginning inventory at $6 per unit.

Therefore, the cost of goods sold using LIFO is $618 [(15 x $6) + (3 x $9) + (30 x $19.27) + (5 x $9) + (22 x $9)], and the ending inventory is $60 [(10 x $6)].

The accounts affected by the cost of goods sold and ending inventory will be reported on the income statement and balance sheet, respectively. Specifically, the cost of goods sold will be reported as an expense on the income statement, and the ending inventory

The accounts affected by the cost of goods sold and ending inventory will be reported on the income statement and balance sheet, respectively.

Specifically, the cost of goods sold will be reported as an expense on the income statement, and the ending inventory

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What was A contract between the government and a private producer.

Answers

Answer:

government contract

Explanation:

Consider the farmer and factory owner example. If we give the farmer the right to clean air, what can the factory owner do to convince the farmer to allow him to have dirtier air?

Consider the farmer and factory owner example. If we give the farmer the right to clean air, what can

Answers

i’m so sorry i really need points hahhaha hi

PLEASE HELP!

Your family purchased new living room furniture on credit at the store, which is a simple interest loan. If your family paid $300.00 in interest on the principal of $1,000.00
over 5 years, what was the rate of the loan?
1.) 6%
2.) 8%
3.) 4%
4.) 2%

Answers

6 times 5 is 30 the answer would be 6%

Bank Reconciliation Statement is prepared
by:

Answers

Answer:

Customer of a bank or book keeper of the company

Explanation:

The statement belongs to the customer

what is true about taxes ?

Answers

Answer:

1. TAXES DATE BACK TO AT LEAST ANCIENT EGYPT.

We can trace documented records of taxation all the way back to Ancient Egypt, sometime around 3000 to 2800 BCE. Apparently, there was a biennial event called the Following of Horus, when the Pharaoh went around collecting taxes in his dual roles as head of state and living incarnation of the god Horus. Taxation is even described in the Bible when Joseph tells the people of Egypt to give a fifth of their crops to Pharaoh.

2. THE FIRST TAXES IMPLEMENTED IN THE UNITED STATES CAUSED A REBELLION.

Fans of the Broadway musical Hamilton probably remember the lyric, “Imagine what gon’ happen when you try to tax our whiskey.” What happened was the Whiskey Rebellion, which was largely due to a tax that Alexander Hamilton imposed on—you guessed it—whiskey.

As you might imagine, people were extremely unhappy about it, especially small producers of whiskey, who, because of the way the tax was structured, had to pay nine cents per gallon in taxes, while larger producers were able to get as low as six cents. Violence quickly broke out. Tax officers were assaulted and tarred and feathered for trying to do their jobs, and several people were killed during riots. The Rebellion was eventually quashed in 1794, and the whiskey tax remained in effect until 1802, when Thomas Jefferson repealed it.

3. ABRAHAM LINCOLN GAVE US FEDERAL INCOME TAX.

Abraham Lincoln signed the Revenue Act in 1861, which imposed the first-ever federal income tax. To drum up funds for the Civil War, Lincoln and Congress enacted a modest 3 percent tax on income over $800, which would be roughly $23,000 today. The law was almost instantly replaced with a new revenue act and would be repealed a decade later, but the relief obviously didn’t last: In 1913, the 16th Amendment established the federal income tax system we all know today.

4. TAX DAY WASN'T ORIGINALLY ON APRIL 15.

When the modern federal income tax was established, lawmakers set March 1 as the looming deadline.

Although they gave no reason for this particular date, it was presumably to give people a couple of months to gather paperwork and crunch numbers after the end of the year. By 1919, the government tacked a couple of more weeks on to help panicked filers, making March 15 the date. That date stood until 1955, after Congress acknowledged that doing your taxes was getting more complicated by the year.

To help accommodate all of those changes and give people adequate time to file, the date was bumped by another month—but the change wasn’t entirely altruistic. The IRS acknowledged that the extra month would help their employees as well, spreading the workload out across another 30 days.

5. WE SPEND A LOT OF TIME DOING OUR TAXES.

The amount of time we spend doing our taxes every year suggests that the repeated date changes may have been justified. According to the IRS, the average taxpayer spends about 11 hours doing record-keeping, tax planning, form submission, and other super fun tax-related activities. Of course, if you break it down even further, the amount of time changes based on the type of form the filers use. Business filers spend about 20 hours, including 10 hours on record-keeping alone.

Explanation:

please mark me brainliest and theses are just facts about taxes

A stadium is considering an offer from Mass Insurance to change the name to Mass Stadium. The company is offering to pay $1,000,000 per year. If the stadium already receives $250,000 from music promotions and accepts this offer, how much will it receive in sponsorship rights each year in total?

Answers

Answer:

b) 1,250,000

Explanation:

1,000,000+ 250,000 = 1,250,000

According to the company data, it will receive in sponsorship rights each year in total is $ 1,250,000.

What do you mean by the sponsorship?

The act of monetarily or by the giving of goods or services supporting an occasion, activity, person, or organization is known as sponsoring something (or someone). The sponsor is the person or entity that offers the support; it functions similarly to a benefactor.

An organization sponsors an event when it offers financial support in exchange for marketing benefits. Sponsorships may involve a financial payment in exchange for property or a barter transaction including goods or services.

A brand or affiliation with a firm is promoted in exchange for corporate financial assistance from an organization, person, or activity, which is known as sponsorship. Of sure, sponsorship can raise your brand's value.

Here,

Company pay = $ 1,000,000

Advance amount = $ 250,000

Total sponsorship = $ 1,000,000 + $ 250,000 =  $ 1,250,000

Therefore, according to the company data, it will receive in sponsorship rights each year in total is $ 1,250,000.

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(2) What would happen to the bond's value if inflation fell and r declined to 7%? Would we now have a premium or a discount bond? (3) What would happen to the value of the 10-year bond over time if the required rate of return remained at 13%? If it remained at 7%? (Hint: With a financial cal- culator, enter PMT, I/YR, FV, and N, and then change N to see what happens to the PV as the bond approaches maturity.)​

Answers

If inflation fell and the required rate of return (r) declined to 7%, the bond's value would increase, resulting in a premium bond. The value of the 10-year bond would increase over time if the required rate of return remained at 13% and decrease if it remained at 7%.

If inflation fell and the required rate of return (r) declined to 7%, the bond's value would increase. When inflation decreases, the purchasing power of future bond payments increases, making the bond more attractive. Additionally, as the required rate of return decreases, the present value of the bond's future cash flows increases, leading to a higher bond value. This situation would result in a premium bond.

Regarding the value of a 10-year bond over time, if the required rate of return remained at 13%, the bond's value would decrease as it approaches maturity. The higher required rate of return implies a higher discount rate applied to the bond's future cash flows, reducing its present value over time.

On the other hand, if the required rate of return remained at 7%, the bond's value would increase as it approaches maturity. The lower required rate of return results in a lower discount rate applied to the bond's future cash flows, leading to a higher present value.

Overall, the value of a bond is influenced by factors such as inflation, changes in the required rate of return, and the remaining time to maturity.

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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions

Answers

Answer:

Option B; Creating face-to-face interviews

Explanation:

Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.

how do you determine retained earnings at year end

Answers

Explanation:

The retained earnings are calculated by adding net income to (or subtracting net losses from) the previous term's retained earnings and then subtracting any net dividend(s) paid to the shareholders. The figure is calculated at the end of each accounting period (quarterly/annually.)

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Quarterly and annually

Partners X, Y and Z have capital balances of $80, 000, $180,000 and $60,000 respectively. Immediately prior to liquidation. Total remaining assets have a book value of $320,000 and assume liabilities have been paid. There is one remaining asset with a fair market value of $70,000. All three partners agree to share profit and loss equally. Z wishes to take the asset with him and start a new business and would accept $70,000 in cash; the remaining partners agree this would be fair. How much cash in addition to the asset would first be distributed to Z before any of the other partners receive anything? a. $100,000 b. $240,000 c. $30,000 d. $50,000

Answers

The cash distributed to Partner Z before the other partners is $60,000.

Data and Calculations:

Book value of assets = $320,000

Fair value of asset = $70,000

                                                     X              Y                Z             Total

Capital balances                $80,000   $180,000  $60,000    $320,000

Total assets available for distribution                                     $390,000

Assets assumed by Z                                          ($70,000)     ($70,000)

Balance                                                                                    $320,000

Distribution to partners  $80,000   $180,00   $60,000    $320,000

Cash distribution to partners depends on the cash realized from the assets.

Thus, the cash distributed to Partner Z before the other partners is $60,000.

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In an unrelated acquisition, if five firms are interested in acquiring a firm and each of the bidding firms had a current market value of $30,000 while the current market value of the target firm is $20,000, this acquisition is likely to generate economic profits of ________ for the acquiring firm.

Answers

Answer:

It is not possible to determine the economic profits that the acquiring firm will generate from the acquisition based on the information provided.

The economic profits of an acquisition depend on various factors such as the price paid for the target firm, the synergies and efficiencies that can be realized by combining the two firms, and the potential growth and profitability of the target firm in the future.

In this scenario, it is only stated that five firms are interested in acquiring a firm with a current market value of $20,000, and each bidding firm has a current market value of $30,000. This information alone does not provide enough detail to calculate the expected economic profits for the acquiring firm.

Therefore, additional information such as the final acquisition price and other factors that could impact the acquisition's profitability would be needed to determine the economic profits generated by the acquisition.

Explanation:

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