Answer:
III. An income tax imposed by Philadelphia on persons working within the city limits.
Explanation:
A tax is the monetary obligation from a taxperson in favor of the federal, state, or municipal governement without a concrete return or destination.
on the second situation, the fee is colected based on the licesne there is a return which is, the abilitation of the attorney licence.
the first and fourth the imposition comes with an explicit destination; the road construction or the water system. Therefore are not taxes.
The type of organization is "flat organization".
Other names that are used for the flat organization are:
<span>horizontal </span>organization<span> or delayering organization.
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The structure of flat organization alludes to having a generally modest number of layers in your organization's authoritative graph. This is because of a generally higher traverse of control and moderately less layers of administration.
The closest to the total cost if the firm uses 6,000 machine hours is $2,945.95.
<h3>What is regression analysis?</h3>
The term regression analysis is defined as a combination of statistical methods utilised for the for the relation between a variable which is not dependent and a variable which is dependent.
The prediction errors that will be represented by vertical lines from regression line to the point.The main purpose or aim of regression analysis is to confirm the value of the variable which is dependent. The second objective of regression line is to calculate the effect of elaborately variable on the variable which is dependent.
Therefore,the closest to the total cost if the firm uses 6,000 machine hours is $2,945.95.
Learn more about regression analysis here:
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Answer:
B. November 30
Explanation:
The revenue recognition principle under GAAP states that revenue has to be recognized when services are performed or sales made irrespective of its invoicing or collection date.
Since the sale was made on November 30 the revenue is to be recognised on this date.
The other options A and C are the dates on which the statement was sent or the collection date which are not relevant for revenue recognition.
Answer:
The accrued interetst is $4860 and $3240
Explanation:
Solution
Recall that:
Mura Company borrows= $360,000
Time =90/360
rate = 9%
Face value =$360,000
The next step is to compute the accrued interest payable on December 31, 2017.
Now,
Interest = 360000*9%*90/360=8100$
year end interest accrual:
Principal =$360000
time 54/360
Interest =360000*9%*54/360 = $4860
Interest recognized on February 5
Principal =$360000
Rate= 9%
Time= 36/360
Interest 360000*9%*36/360 = $3240