Answer:
a small number of firms selling a homogeneous or a differentiated product
Explanation:
if this is one of the choices this is correct
One breif memos are awesome but sorry din't know
Answer:
the question is incomplete, so I looked for a similar one:
Real estate commissions billed to clients amount to $4,000. Paid $700 in cash for the current month's rent. Paid $250 cash on account for office supplies purchased in transaction 2. Received a bill for $800 for advertising for the current month. Paid $2,500 cash for office salaries. Paid $1,200 cash dividends to stockholders. Received a check for $2,000 from a client in payment on account for commissions billed
<u>Income statement</u>
Service revenue $4,000
Operating expenses:
- Rent $700
- Advertising $800
- Office salaries $2,500 <u>($4,000)</u>
Net income $0
Accrual accounting recognizes both expenses and revenues when they occur, not when a cash flow is associated to them. E.g. even though only $2,000 were paid by clients, the whole $4,000 must be considered revenue.
Answer:
a- $ 838.50
b-$134.16
c- $618.59
d- see below
Explanation:
a- $10.75 X 78 hours = $v838.5
b- $ 838.5 X 16% = $ 134.16
c - $ 838.5 - federal and state income tax $ 134.16 - other ded $ 85.75 = 618.59
Answer:
It should raise up to 56 percent of taxes
Explanation: