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2 years ago

A cost, which does not involve cash outlay, is called:

1 answer:

8 0

The answer would be : B. Imputed Cost

Imputed cost are the cost that could not be identified directly. example of imputed cost is an opportunity cost that may arise if you choose an investment

Meanwhile , outlay costs are the one that can be identified in the past , present, or future, which mean imputed cost does not included in the outlay cost

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Ms. lee is enrolled in an ma-pd plan, but will be moving out of the plan's service area next month. she is worried that she will

Arturiano [62]

The best advice to be given to Ms. Lee in regards to the scenario is that she has the eligibility for a SEP in which she could enrolled in before she could even move to the location where she would likely be residing to. With this plan, if she notified about moving earlier or in advance, the period will only last for about two months in addition.

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2 years ago

Read 2 more answers

On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. Ameen uses strai

romanna [79]

Answer:

taxable income 44,000,000

Explanation:

Beginning tax basis of the equipment: 20,000,000

ending tax bais of the equipment 12,000,000

depreciation for tax purposes: 8,000,000

accounting depreciation:

beginning value 30,000,000

ending value 28,000,000

book depreciation 2,000,000

Difference in depreciations:

8,000,000 - 2,000,000 = 6,000,000

income 50.000.000

less 6,000,000 temporary difference

taxable income 44,000,000

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1 year ago

Gary, who is single, sells his principal residence (owned and occupied by him for seven years) in November 2019 for a realized g

daser333 [38]

Answer:

The offer of Grays head living arrangement in November 2016 Qualifies for the 121 exclusion. Under the arrangement of the demonstration, none of dark's Realized Gain of $ 148000 Recognized.

Grey can select to Forgo the 121 Exclusion, right now/her perceived increase is $1,48,000 making this political decision to swear off this political decision is useful in light of the fact that dim is anticipating selling his new head habitation inside year and a half and the acknowledged addition is wanted to be bigger than $148,000.

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1 year ago

Wrongful Discharge. Stephen Fredrick, a pilot for Simmons Airlines Corp., criticized the safety of the aircraft that Simmons use

kogti [31]

Answer:

Really want to help but I cant . Maybe next time I can help Maybe not but because we dont meet again

By the way .... this Virus.

mmuah thabks for the points

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1 year ago

The Maroon & Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the mem

SashulF [63]

Answer:

c. $180 in 2019

Explanation:

The company uses the accrual method of accounting. Under the method, revenues are reported on the income statement when they are earned, regardless of when the money is actually received or paid.

On July 1, 2017, the company sold a one-year membership and a two-year membership. In 2017, The Maroon & Orange Gym, Inc. has provided service for 6 months of each contracts.

Gross income of one-year membership in 2017 = $40 x 6 = $240

Gross income of one-year membership in 2017 = $30 x 6 = $180

Total income = $240 + $180 = $420

In 2018, the company continued to provide service for 6 months remaining of one-year membership and 12 months remaining of two-year membership.

Gross income of one-year membership in 2018 = $40 x 6 = $240

Gross income of one-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company completed providing service for 6 months remaining of two-year membership.

Gross income in 2019 = $30 x 6= $180

4 0

1 year ago