Smith company has the following information on the financial statements: accounts receivable at beginning of the year$50,000accounts receivable at end of the year30,000revenues for the year180,000salaries payable2,000bonds payable50,000sales tax payable2,000what is the amount of cash collected from customers?
Answers: 3
Business, 22.06.2019 11:20
Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?
Answers: 2
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
Business, 23.06.2019 08:00
Why do you think the federal government commits so much time and so many resources to supporting small businesses when they make less of a contribution to the overall economy than large corporations?
Answers: 1
Smith company has the following information on the financial statements: accounts receivable at begi...
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