Answer:
There is no penalty for filing after the deadline if a refund is due.
You were thrilled when your employer named you the new Southeast Asia manager and put you in charge of setting up the organization’s office there. But in only your second week at the new location, you encountered something unusual. A local government worker informed you that he would process your permit applications and other paperwork more quickly if you were willing to give him a cash payment, otherwise it may take up to 18 months to process them. Where you come from, that’s a bribe, which is both unethical and illegal. Your career is riding on this promotion, so what should you do?
Bribery is simply known as an offence where an individual is offered or received of gifts or rewards. It can be in monetary or non monetary terms
Conclusively, Since my career and future is on the line, making a mistake of accepting of the bribe is never an option and also to avoid taking the wrong step, consulting the ethics committee will be the right thing to do.
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On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $4,000,000 for $5,000,000. Rigsby appropriately uses the installment sales method of accounting for this transaction. Terms called for a down payment of $490,000 with the balance in two equal annual installments payable on December 15, 2022, and December 15, 2023. Ignore interest charges. Rigsby has a December 31 year-end. In 2021, Rigsby would recognize realized gross profit of:
a. $1,400,000.
b. $126,000.
c. $450,000.
d. $0.
Project Data
Mowgli Corporation adjusted trial balance for fiscal year ending December 31, 2019.
Dr.
Cr.
Cash
$21,000
Accounts Receivable
$102,000
Inventory (beginning)
$20,000
Estimated Returns Inventory
$5,000
Land
$9,000
Office equipment
$22,000
Accumulated Depreciation-equip.
$20,000
Building
$233,000
Accumulated Depreciation-Bldg.
$94,000
Patent
$16,000
Accounts Payable
$73,000
Customer Refunds Payable
$2,000
Interest Payable
$14,000
Unearned Revenue
$22,000
Notes Payable
$100,000
Capital
$80,000
Drawings
$29,000
Sales
$206,600
Purchases
$106,000
Purchases Returns and Allowances
$1,000
Purchase Discounts
$500
Freight-in
$300
Insurance Expense
$6,000
Interest Expense
$8,000
Repair Expense
$5,000
Salaries Expense
$17,600
Advertising Expense
$1,200
Depreciation Expense
$11,000
Utilities Expense
$1,000
$613,100
$613,100
Other Information:
Inventory on hand at December 31, 2019 is $55,000 (Hint: this is ending inventory).
Estimated Returns Inventory increased $2,000 (Hint: Include in COGS and Closing Entry).
Administrative expenses include: Insurance, Repair, Utilities, and Depreciation.
Selling expenses include: Advertising and Salaries.
$50,000 of the Notes Payable is payable next year (Hint: classified as current).
Answer:
21,000
Explanation:
Who made this website?
Answer:
Michal Borkowski, Tomasz Kraus, Lukasz Haluch
Explanation:
can some one give me a crown I really want one 82 points if you do
do you mean brainliest? of course look at my latest answer
Answer:
Um... I don't think that's how Brainly works. To get brainliest, You have to answer and have the person who asked the question give you brainliest.
The text below describes the purpose of the Coalition of Independent Educator Associations (CIEA). The Coalition of Independent Educator Associations (CIEA) is made up of non-unionized education associations across America. Keeping educators connected, CIEA collaborates and focuses on serving its members in each state and on the national level. Source: cieaonline.org Judging from the organization's description, CIEA could be best categorized as what kind of interest group
Answer:
peak association
Explanation:
The Coalition of Independent Educator Associations (CIEA) is most likely an Economic interest group based on the description of its services.
Economic interest groups:
Represent the affairs of a labor group such as teachers and doctors Foster cooperation between members of a labor group Increase economic and financial access for their membersThe Coalition of Independent Educator Associations (CIEA) is concerned with the affairs of educators as well as working to increase collaboration and cooperation between its educator members.
We can therefore conclude that the CIEA is an economic interest group as it engages in work that is typical of other economic interest groups.
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damaged merchandise that can be sold only at prices below cost should be valued at
The damaged merchandise that can be sold only at prices below cost should be valued at Net realizable value.
In accounting, the Net realizable value is basically the cash that a company expects to receive based on the eventual sale of an item after deducting any associated costs.
In the case, the damage merchandise can be sold, but it will be at lower price compared to the normal price.
Therefore, the valuation method of Net realizable value is what the damaged merchandise should be valued at.
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the original cost of the asset less the accumulated depreciation is the
Answer:
Book value
Explanation:
The Net Cost is the derived after the accumulated depreciation is deducted from original cost of the asset.
The Net cost is what is been derived after taking into account depreciation on the assets.
In other word, the Net cost refers to the gross cost of an object which is reduced by any expenses incurred from owning the object.
The Net cost will be derived after the gross cost of an office equipment minus the its salvage value.
Therefore, the Net Cost is the derived after the accumulated depreciation is deducted from original cost of the asset.
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Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?
The "cost of good sold" is not recorded in the journal entry to record the cash receipt.
In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.
Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.
Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.
The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.
Therefore, the account which is not recorded is the "Cost of goods sold".
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Clickable text or images that take you to different sites on the World Wide Web are called
Attachments
Hyperlinks
Shortcuts
Navigation Buttons
Answer:hyperlinks
Explanation:
Clickable text or images that take you to different sites on the World Wide Web are called hyperlinks. Hence, Option (B) is correct.
Hyperlinks are an essential feature of the web that allows for seamless navigation and interconnectedness between web pages.
They are typically displayed as underlined or differently colored text or as clickable images.
When a user clicks on a hyperlink, it initiates an action that takes them to a different web page, whether it is within the same website or on a different website altogether.
Hyperlinks play a vital role in facilitating the exploration of information on the internet, enabling users to access related content, external references, sources, and various online resources.
Thus, hyperlinks serve as the fundamental mechanism for connecting and directing users to different sites on the World Wide Web.
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Clickable text or images that take you to different sites on the World Wide Web are called
A)Attachments
B)Hyperlinks
C)Shortcuts
D)Navigation Buttons
zoe, a department manager at furniture square, is considering whether to use a group to develop a plan to incentivize employees to sell extended warranties and auxiliary services. zoe should consider having the group make this decision if:
Considering the situation above, Zoe should consider having the group make this decision if: "It will increase acceptance of the plan."
This is because the main goal of Zoe is to sell extended warranties and auxiliary services.
As a manager, Zoe could create the plan by himself and let the group come in later to execute it.
However, the main goal is to make a plan but to sell extended warranties and auxiliary services.
Hence, Zoe should consider having the group make this decision if "It will increase acceptance of the plan."
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which government branch creates the federal tax law
The answer is Congress :)
The government branch that create the federal tax law is : Congress.
What is a congress?Congress refers to the legislative arm of the federal government that represents the American people and also make the nation's laws. Congress shares power with the executive branch, led by the president, and the judicial branch.
A congress would have the following:
Very strong powers, which will enable it to execute its policies without hindrances.A good representation and understanding of the general opinion to be able to execulte the policies that people will actually want.A good understanding of the effects and consequences of the policies it executesHence, the government branch that create the federal tax law is Congress.
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age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental ________.
Age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental "Milestone."
In this context, a Milestone is generally defined as a significant period in an individuals' life when progress or substantial advancement is made.
A Milestone could be considered to be any of the following:
Earning a college degree;Leaving parents to stay alone;Getting a job after University;Getting Married;Having a baby after marriage;Rising to the position of a CEO in a company;Retirement from work after an illustrious career, etc.Hence, in this case, it is concluded that a Milestone is an achievement or point every man should look forward to.
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Answer: milestones
Explanation:
according to adam smith, the process that turns self-directed gain into social and economic benefits for all is the
Answer:invisible hands
Explanation:
Adam Smith asserts that the invisible hands is a process that turns self-directed gain into social and economic benefits for all.
Adam Smith invisible hands theory explains that there are unseen forces that move the free market economy.
In conclusion, the economist is the one that explains that the invisible hands is a process that turns self-directed gain into social and economic benefits for all.
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what is the most accurate description of person-organization fit?
Answer: a match between an individuals personality and values, and those of the organization
Explanation:
True or False? Language is symbolic.
Answer:
true
Explanation:
Answer: true
Explanation: correct on edge
В семье Богдановых 4 человека. Папа зарабатывает
в месяц 18 тыс. руб., мама – 13 тыс. руб. Дочь учится в
школе, дедушка ежемесячно получает пенсию в размере
15 тыс. руб. Богдановы живут в квартире, которая стоит
1 млн руб. (налоговая ставка – 0,1%). У них есть ещё одна
квартира, которую семья сдаёт за 12 тыс. руб. в месяц. Каковы ежегодные налоговые выплаты семьи Богдановых?
Answer:
Tiene 4 +3 +453 es lqefiq3rgoawenwf
when individuals choose which information inputs will reach their awareness and ignore other inputs, they are using
Explain the importance of the processor as apart of the computer system.
Answer:
Explanation:
The purpose of a computer processor is to do the actual computation done by the computer, which includes managing the computer's memory, handling input from users, sending them output and doing whatever calculations are necessary.
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Its function is to be the brain of the entire operation of the system, being in charge of directing all the tasks carried out by our team and of executing the code of the different programs, often with the joint help of the rest of the components and peripherals.
Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby’s education. Which of the following is likely to have the highest growth over the next 18 years?
Tim and Rebecca just had a baby. They received money as baby gifts and want to put it away for the baby’s education. The stock has the highest growth over the next 18 years.
What does high-growth stock mean?Growth stocks are those businesses whose sales and earnings are anticipated to increase more quickly than the market as a whole. Growth stocks frequently have high P/E ratios and appear to be expensive, but if the company maintains its rapid growth, which will increase the share price, such valuations may actually be reasonable.
The first step in long-term financial planning for your child should be to either draught a will or make changes to the one you already have. Your will should specify what happens to your estate in addition to designating who will be your child's legal guardian in the event of your passing.
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what is the difference between ordered list and unordered list?
Your job pays you $1600per month all taxes combined reduce your pay by 25% your current expenses are $1200 per month you want to join a health club for $75 per month can you afford it
Answer:
1600 - 25% of 1600 = 1600 - 0.25*1600 = 1200
So after you take 25% of 1600 away from 1600, you're left with 1200
So you are *really* paid $1,200 a month (instead of $1,600 a month) after you take out all taxes.
Your expenses are $1,200, so you will have 1200 - 1200 = 0 dollars left over
So you CANNOT afford the health club or any additional expenses. This is assuming you don't rely on a credit card or other forms of loans.
Explanation:
major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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similarity between formal and informal employment
Answer:
okay
can we be friends!
Explanation:
the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.
The blank space has been correctly filled below:
The contribution margin income statement allows users to easily judge the impact of a change in selling price, cost, or volume on profit.The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.
After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,
Net product revenue - Total variable cost ÷ product revenue.
A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.
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beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be ______.
Using the first-in, first-out inventory system, the cost of the 3 goods sold is assumed to be $30.
The first-in, first-out is an inventory system where the cost of good sold would be taken from inventories that were bought the earliest. The cost of ending inventory would be the inventories that were purchased last.
The cost of the 3 units of the goods bought would be the cost of the beginning inventory. The cost of the beginning inventory is $10.
The cost of goods sold = cost of beginning inventory x units sold.
$10 x 3 = $30
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QUESTION 3 of 10: Generally, budgets are created for:
a) One week
b) One month
O c) One year
Answer:
b) One month
Explanation:
Budgets are typically formulated for a one-year duration. Therefore, option c is correct.
Budgets refer to financial plans that outline the anticipated income and expenses of an individual, organization, or government entity for a specific period, usually one year.
They serve as a blueprint for allocating financial resources, setting spending limits, and achieving financial goals. Budgets provide a structured framework for managing funds, enabling effective decision-making, and ensuring financial stability.
They encompass various components, including revenue projections, cost estimates, planned expenditures, and anticipated savings. Budgets are essential tools for tracking and controlling financial activities, promoting accountability, evaluating performance, and facilitating strategic planning.
They serve as a vital tool for financial management, helping individuals and organizations make informed and efficient financial decisions.
Therefore, option c is correct.
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1.) what is procrastination
2.) is it okay to reassess and adjust your goals?
Explanation:
1.procrastination is to delay something that you should do usually because you don't want to do it
2.No
which characteristic is most important in identifying which data to collect for marketing research?
The characteristics of the data includes one which will help in decisions making for marketing actions.
Let understand that "Marketing research" is the process of gathering, recording, analyzing and drawing conclusion on data collected from potential customers of a product to facilitate decision making about a product viability.
The purpose of Marketing research is to provides concrete information which is relevant for decision making in the firm.Therefore, the characteristics of data that is very important to marketing research are data which will be relevant to draw decisions for marketing actions.
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to find the total bond value, add the present value of the amount paid at maturity to the _____ of the annual coupon payments.