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2 years ago

What are 3 benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant

Business

1 answer:

kipiarov [429]2 years ago

3 0

Answer:

The answer is below

Explanation:

There are quite some benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant, in which three amongst them are:

1. It gives the opportunity to keep all the clients' data, including documents in a specific place together

2. It gives the user a chance to easily transfer to clients, the saved documents in QuickBooks Online Accountant

3. A user can easily create projects and tasks for non-QuickBooks Online clients in the work tab in order to meet some crucial clients deadlines.

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Nash Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost

valentinak56 [21]

Answer:

a. $610,080

b. $267,002.67

Explanation:

a. Weighted interest for short and long term loan.

Interest on short term loan = 10% * 2,100,000 = $210,000

Interest on long term loan = 11% * 1,500,000 = $165,000

Weighted interest = (210,000 + 165,000) / (2,100,000 + 1,500,000)

= 10.42%

Avoidable interest = Construction interest + ((Weighted-average amount of accumulated expenditures - Construction cost) * Weighted interest )

= (3,000,000 * 12%) + ((5,400,000 - 3,000,000) * 10.42%)

= $610,080

b. Capitalized cost = Cost to complete office and warehouse + Avoidable interest

= 7,800,000 + 610,080

= $‭8,410,080‬

Salvage value and Useful life are not included so assuming a salvage value of $400,000 and 30 years using a straight line depreciation, depreciation is;

Depreciation = ‭(8,410,080‬ - 400,000 ) / 30

= $267,002.67

6 0

2 years ago

On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per

NikAS [45]

Answer:

The dividend yield for Zack Corporation 8%,the first option

Explanation:

The dividend yield is a measure of business performance used by investors which compares the dividend paid by a stock to its market price(price paid by investors to acquire the stock)

dividend per share for Zack Corporation is $3.90

market price per share is $48

dividend yield =$3.90/$48*100=8.13%

The correct option is the first option 8% since the figure above was simply rounded down to whole number

3 0

2 years ago

Assume that Jackson is a price-taker and the current wholesale market price is $7.30 per can of paint. What is the target total

Mumz [18]

Answer:

Jackson's target total cost of producing and selling 6 million cans of paint of $31,800,000 will enable it to reach stockholders' profit goals of $6 million.

The implication is that it should not allow its total costs (Production and other business expenses) to exceed $37,800,000.

This is because its sales revenue will be equal to $43,800,000 (6,000,000 * $7.30).

As such, Jackson can produce a can of paint for $5.30. It can also incur an average business expense of $1.00 per can to maintain and reach its $6 million profit target.

Explanation:

Profit is the difference obtained after deducting all costs from the revenue. There are some profit stages. The first is the gross profit, which considers the sales revenue and the cost of goods sold. The next profit stage is the operating profit, which subtracts the business running expenses from the gross profit. There are also profits before and after interest and taxes. The after tax profit is also called the net income or net profit. If it is negative, then it is called the net loss. It is from the net income that distributions are made to stockholders in the form of dividends while a part is retained in the business to increase its capital stock or stockholders' equity.

8 0

2 years ago

Worldwide quarterly sales of a brand of cell phones were approximately q = −p + 136 million phones when the wholesale price was

Gre4nikov [31]

Answer:

$51

Explanation:

Data provided:

Sales function as: ( q = −p + 136 ) million phones

here, p is price in dollars

a) supply function as: ( q = 9p - 374 ) million phones

now,

for equilibrium price, the supply should be equal to the sales

i.e

−p + 136 = 9p - 374

136 + 374 = 9p + p

10p = 510

p = $51

Hence, the equilibrium price should be $51

8 0

2 years ago

Entertainment Tonight, Inc. manufactures and sells stereo systems that include an assurance-type warranty for the first 90 days.

Alexandra [31]

B. credit to Unearned Warranty Revenue, $871

3 0

2 years ago