Fulbright corp. uses the periodic inventory system. during its first year of operations, fulbright made the following purchases (listed in chronological order of acquisition): · 40 units at $100· 70 units at $80· 170 units at $60sales for the year totaled 270 units, leaving 10 units on hand at the end of the year. ending inventory using the average cost method (rounded) is: select one: a. $650b. $707c. $1,000d. $600

Acustomer has come to your department with an urgent question. you promised her that you would collect information about her question and answer it by noon. it will take you at least 20 minutes to gather the information needed to provide an answer. it is now 11: 50 a.m. your supervisor just scheduled a 30-minute meeting to start at noon. this meeting is for all employees in your department. you decide to:

Money from an allowance or job is known as .

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?