Answer:
B
Explanation:
Companies recognize revenue when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or services.
Answer:
- $104.50
- $67.50
- $65.50
- $77.50
- $56.50
Explanation:
the income tax to withhold from the biweekly wages are :
- <u> </u><u>Karen Overton (single, 0 allowances), $900 wages</u>
=$34.90 + ($900 - 436) x 15%
= $104.50
- <u> Nancy Haller (married, 4 allowances), $1,000 wages </u>
=($1000 - 325 ) x 10%
= $67.50
- <u>Alan Glasgow (married, 1 allowance), $980 wages </u>
=($980 - 325 ) x 10%
= $65.50
- <u>Joseph Kerr (single, 4 allowances), $720 wages </u>
= $34.90 + ($720 - $436) x 15%
= $77.50
- <u> </u><u>Ginni Lorenz (single, 1 allowance), $580 wages</u>
= $34.90 + ($580 - $436) x 15%
= $56.50
Answer:
$842.74
Explanation:
Data provided in the question:
Loan amount = $927.86
Interest for the first month = $871.86
Now,
Daily interest rate for 30 days = 
or
= 
= $29.06
Now,
Doug owns the closing day,
Therefore,
Maria will pre-pay interest for 29 days i.e June 2 - 30,
= Daily interest × Number of days
= $29.06 × 29
= $842.74
Answer: Participating preferred
Explanation:
Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.
