Toonit, Inc., a May 31 fiscal year-end S corporation, files an S corporation termination on September 1, 2020. Toonit will no longer be treated as an S corporation on:

Answers

Answer 1

Toonit will no longer be treated as an S corporation on June 1, 2021 if no termination date is specified.

The shareholders must approve the termination of a S corporation's status willingly. To revoke S company status, any combination of shareholders holding at least 50% of the outstanding stock must consent.

Once a termination agreement has been struck, the following actions are taken.

The statement shall set forth the number of shares issued and outstanding as of the date of the election to become a S corporation.

The statement will list the shareholders, how they voted on the termination, and how many shares they had at the time of the vote.

The Statement shall be executed by each of the Shareholders identified therein.

The statement is sent to the Internal Revenue Service after being signed.

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Related Questions

Integrated marketing communications (IMC):
a. Is a careful coordination of all promotional activities
b. Produces a consistent and unified advertising message
c. Produces a customer-focused advertising message
d. Is typically overseen by a marketing communications director
e. Is accurately described by all of the above

Answers

Integrated marketing communications (IMC) Is typically overseen by a marketing communications director.

communication (from Latin: communicare, meaning "to share" or "to be in relation with")[1][2][3] is typically described as the transmission of records. The time period can also seek advice from the message communicated via such transmissions or the field of inquiry studying them. there are numerous disagreements about its unique definition.[4][5] John Peters argues that the issue of defining communication emerges from the reality that communication is both a familiar phenomenon and a specific discipline of institutional educational look at.[6] One definitional strategy involves limiting what can be protected in the class of verbal exchange (for instance, requiring a "conscious purpose" to steer).

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wherever tax rates penalize thrift or discourage investment, they must be lowered. wherever current provisions of the code are disincentives for economic growth, they must be changed. we will not divide the american people into winners and losers. we will eliminate as many special interest provisions and loopholes as possible and curb corporate welfare, especially where their erosion of the tax base has created pressure for higher rates

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They refuse to control our borders but try to control our schools, farms, businesses, and even our religious.

institutions. They have directly attacked the production of American energy and the industry-related jobs that have sustained families and communities. The President has been regulating to death a free market economy that he does not like and does not understand. He defies the laws of the United States by refusing to enforce those with which he does not agree. And he appoints judges who legislate from the bench rather than apply the law. We, as Republicans and Americans, cannot allow this to continue. We oppose retroactive taxation. We condemn attempts by activist judges at any level of government to seize the power of the purse from the people’s elected representatives by ordering higher taxes. We oppose tax policies that deliberately divide Americans or promote class warfare. Because of the vital role of religious organizations, charities, and fraternal benevolent societies in fostering generosity and patriotism, they should not be subject to taxation, and donations to them should remain deductible.

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Which of the following best describes a contract for deed?

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A deed agreement is a contract between a property owner and a prospective buyer in which the owner agrees to deliver a deed to the buyer after certain conditions are met.

What is the strongest form of deed?

For property buyers, a general bond provides better protection than any other type of bond. This is the best course of action for the grantee, but it places the greatest liability on the grantee.

Why are contract deeds attractive?

No need to wait for mortgage approvals, allowing for a faster sale. This is attractive when the buyer needs to act quickly or the seller wants a quick sale. Permits the sale of properties that are difficult to finance by commercial financial institutions.

What are the disadvantages of deed contracts?

Failure to pay may result in the termination of the contract and the loss of previously built capital. Additionally, if the seller has a mortgage and you miss payments, you can lose the property even if you haven't defaulted on your payments to the seller.

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which of the following forms is used to determine income tax withholding for an employment relationship? A) Form Q-2. B) Form W-2. C) Form W-4. D) Form 1099

Answers

Form W-4 is used to determine income tax withholding for an employment relationship. The correct option is c.

What is Form W-4?

Form W-4 which is known as the Employee's Withholding Allowance Certificate is an Internal Revenue Service tax form completed by an employee in the United States. It is used to indicate his or her tax situation exemptions, status, etc. to the employer. This form tells the employer the correct amount of federal tax which will be withhold from an employee's paycheck.

The W-4 is based on the idea of allowances, therefore the more allowances claimed, the less money the employer withholds for tax purposes.

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Louvers, Inc., accepted a $15.000, 180-day, 10 percent note from a customer on May 31. Louvers plans to prepare financial statements as of June 30, the end of its fiscal year. Prepare the necessary June 30 adjusting entry for Lovers by selecting the account names from the drop-down menus and entering the dollar amounts in the debitor credit columns View transaction list Journal entry worksheet < Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. Louvers plans to prepare financial statements as of June 30, the end of its fiscal year.

Answers

Interest revenue =[tex]739.72[/tex]

May 31.

Interest revenue =Interest amount× Rate ×Time

= $15000*10%*180/365=[tex]739.72[/tex]

Interest revenue is the income that a business receives from any investments it makes or from money it lends. It is a business's non-operating revenue. The Revenue Commissioners, also known as Revenue, is the Irish Government agency in charge of customs, excise, taxation, and related affairs. It can be recorded using cash or the accrual system. The Revenue Commissioners Order, 1923, which established the Revenue Commissioners to carry out the functions that the Commissioners of Inland Revenue and the Commissioners of Customs and Excise had carried out in the Free State prior to independence, was passed on February 21, 1923. Although Revenue can trace its history back to predecessors, the current organization was established for the independent Irish Free State.

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Consider the trading strategy in our Hedge Fund Due Diligence case. The strategy involves a combination of three positions 1) long the S&P 500 index; 2) long a S&P 500 put; 3) short a S&P 500 call. If we choose to trade the out-of-the-money (OTM) put (K/S =0.95) and the OTM call (K/S = 1.05) along with the S&P 500 index, what return should we expect?
a. A return similar to the S&P 500 index
b. A return higher than the S&P 500 index, but with a higher volatility than the S&P 500 index
c. A return higher than the S&P 500 index, but with a lower volatility than the S&P 500 index
d. A return close to the risk-free rate

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The return we should expect in the given trading strategy is a return close to the risk-free rate.

An investment that offers a guaranteed return with no risks would generate a return known as a risk-free return and the interest on an investor's money that would be obtained from a completely risk-free investment over a certain time period is presented by the risk-free rate of return.

In the context of the capital asset pricing model's universal applicability, which is based on contemporary portfolio theory, the risk-free interest rate is of extreme importance.

The most fundamental problem with this approach is that it reduces the description of the utility of stock ownership to the anticipated mean and variance of the returns on the portfolio.

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SoliD is a new arm of a large global financial services firm targeting teens and millennials. The new platform and associated services are meant to appeal to the youth market by being low cost, having low barrier of entry, and super simple to use.

In order to make those things happen, SoliD has contracted Accenture to make two things happen with a specific timeframe. One, SoliD, with the guidance of Accenture, must apply for and acquire many approvals from various governmental entities. Timing on these applications and obtaining approvals are well understood and critical due to the small application windows and the Accenture consultant's availability to complete all the necessary paperwork. Any rework would be costly and should be greatly avoided.

Simultaneously, a simple, modern phone app must be launched. The initial app Is to be released while the approvals are underway. The purpose of the first editions of the app is to bring awareness to the upcoming
service, the new brand, test designs and language, and collect user interest, which could segue into potential early adopters.

Answers

In order to meet these objectives, it will be important for SoliD and Accenture to work closely together to ensure that all necessary approvals are acquired in a timely manner. This will likely involve coordinating with various governmental entities, completing and submitting necessary paperwork, and following up as needed. It will also be important to manage the timing of the app launch carefully so that it coincides with the approval process and is able to generate interest and collect user data as intended.

In order to avoid costly rework and ensure that the project stays on track, it will be important for SoliD and Accenture to have a clear and effective communication plan in place. This should include regular updates and progress reports, as well as the identification of potential risks and issues and the development of contingency plans to address them.

Overall, the successful launch of SoliD's new platform and services will depend on careful planning and coordination between SoliD and Accenture, as well as effective communication and risk management.

In the short run, the increase in foreign spending on domestic goods associated with expansion abroad causes the aggregate demand curve to shift to the right, resulting in a higher-than-expected price level and a quantity of output that exceeds the natural level of output. The increase in production causes firms to hire more workers, so the unemployment rate will fall below the natural rate of unemployment.
short-run impact of economic prosperity abroad

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The short-run effect of global economic growth is that the jobless rate will decline below the natural rate of unemployment.

With what does a rise in the aggregate supply curve in the short run correspond?

The SRAS curve demonstrates that as you progress along the SRAS and raise the price level, an economy will produce more real gross domestic product.

The as curve is horizontal in the short run, why?

Instead, they alter output—at least temporarily—in any direction. Because of this, the AS curve is rather flat in the short run. The crucial issue is that present GDP levels have no impact on the price level in the short term. We will thus observe that the AS curve is horizontal in the short term.

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after saving money in her piggy bank for three years, beverly decided to deposit $5,000 of the money in the millertown bank. if the bank were fully loaned out and the reserve requirement was 20%, then the change in the dollar value of the total money supply would be group of answer choices

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After saving money in her piggy bank for three years, beverly decided to deposit $5,000 of the money in the millertown bank. if the bank were fully loaned out and the reserve requirement was 20%, then the change in the dollar value of the total money supply would be $20,000.

For a variety of reasons, saving is a crucial habit to develop. It helps you cover future costs, manage financial stress, prepare for trips, and more. You could be inspired to save more money if you realize the various ways that saving money can help you prosperOur basic requirements can be satisfied through the purchase of food, shelter, and healthcare thanks to money. It is imperative that we meet these requirements; else, both our individual wellbeing and the wellbeing of the community as a whole suffer tremendously.

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Lumber LLC files a suit against Mill Company to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract ifA. Lumber foreseeably and justifiably relied on Mill's promise.B. neither party has begun to perform.C. the deal does not involve customized goods.D. Mill denies the existence of any contract.

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The court would be able to enforce the contract between Lumber LLC and Mill Company, under the Statute of Frauds, if A. Lumber foreseeably and justifiably relied on Mill's promise.

What is the Statute of Frauds?

The Statute of Frauds is a law that holds that certain agreements must be in writing to be enforceable (the statute of frauds). The law is applicable to land sales and the majority of expenditures of $500 or more. There are important exceptions, like verbal agreements where work has already begun.

In this case however, there can be an exception between the oral deal between Lumber LLC and Mill Company if it can be proven to the court that Lumber LLC had justifiable reason to rely on the promise by Mill Company.

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A town enacts a new zoning code. Under the new code, commercial buildings are not permitted within 1,000 feet of the lake. A commercial building that is permitted to continue in it's former use even though it is built on the lakeshore is an example of A. Nonconforming use

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A commercial building that is permitted to continue in it's former use even though it is built on the lakeshore is an example of a nonconforming use.

What is meant by nonconforming use?

A nonconforming use is one that was previously permitted under the zoning laws at the time the use was established but is now prohibited due to modifications made to those restrictions.

What categories are there for nonconformities?

Minor and significant non-conformances are the two different categories of non-conformances. The difference is how many corrective actions you have to do until your company is back on track. Regardless of the kind of non-conformance, there are two things to keep in mind.

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The Theater Arts Guild of Dallas (TAG-D) employs five people in its Publication De- partment. These people lay out pages for pamphlets, brochures, magazines, and other publications for the TAG-D productions. The pages are delivered to an outside company for printing. The company is considering an outside publication service for the layout work. The outside service is quoting a price of $13 per layout page. The budget for the Publication Department for the current year is as follows: Salaries Benefits Supplies Office expenses Office depreciation $224,000 36,000 21,000 39,000 28,000 24,000 $372,000 Total The department expects to lay out 24,000 pages for the current year. The Publication Department office space and equipment would be used for future administrative needs, if the department's function were purchased from the outside a. Prepare a differential analysis dated February 22 to determine whether TAG-D should lay out pages internally (Alternative 1) or purchase layout services from the outside (Alternative 2)

Answers

Due to the negative income, purchasing from outside is not advantageous.

What is Differential Analysis?

Differential analysis is a strategy for making decisions that analyzes the net outcomes of two alternatives after examining the costs and advantages of each. The option with the most advantageous (or least adverse) financial impact is chosen. Managers need to be proficient in differential analysis, which focuses on identifying the costs and advantages that vary across alternatives, in order to make decisions successfully. Differential costs might be either fixed or variable costs, or perhaps both. Executives of the organization utilize differential cost analysis to compare possibilities and make wise decisions that will benefit the business.

               Statement showing Differential Analysis                                            Internally                                                  Outsource             Differential

Costs:

Purchase price of layout        -                 $325,000      -$325,000

work (25,000*$13)

Salaries                               $224,000             -                 $224,000

Benefits                               $36,000               -                 $36,000

Supplies                              $21,000                -                  $21,000

Office expenses                 $39,000               -                  $39,000

Office depreciation             $28,000         $28,000                -

Computer depreciation      $24,000         $24,000                 -

Income

Loss                     $372,000       $377,000        -$5,000

Because of the negative income, purchasing from outside is not advantageous.

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Which of the following statements concerning differences between continuous review (Q systems) and periodic review (P systems) inventory systems is FALSE?
Multiple Choice
P systems require a perpetual inventory count, while Q systems require a periodic inventory counting system.
In periodic review systems, orders are placed after an elapsed period, P, has passed, for a variable quantity of units.
In continuous review systems, orders are placed for a fixed quantity of goods after a variable length of time has passed.
Higher than normal demand during the order cycle leads to a shorter time between orders for Q systems, while in P systems it leads to larger order sizes.

Answers

Option (a) is required answer as the P (periodic inventory) system and Q (continuous review) systems both require perpetual inventory counts

What is difference between Q system and P systems?

Periodic inventory is a relatively straightforward technique: manually counting each item in the warehouse or store. That continues to be a challenging issue for many organizations. There could be hundreds of lipsticks, aspirin bottles, and candy bars in a medium-sized drugstore.

Many stores pay a professional inventory company to come in and make the counts. The management places orders to fulfill the anticipated demand if the inventory count indicates, for example, that the store has too few toothpaste tubes for the upcoming month.

Quantities are continuously tracked via continuous inventory, and when they drop below a threshold, the store orders more.

It is exceedingly difficult and time-consuming to continuously track inventory by physical counts unless the quantity of things is very small, hence periodic inventory must be done using computers.

For instance, a big-box retailer may be able to track the number of flat-screen TVs it has, but not the quantity of soft drink cans.

The claim that Q systems require a periodic inventory counting mechanism while P systems demand a permanent inventory count is untrue.

Actually, the P (periodic inventory) system and Q (continuous review) systems both require perpetual inventory counts.

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In 1995 Congressperson Bill Archer proposed that the income tax be replaced with a consumption tax. If his program had been passed, then today it is likely that the equilibrium interest rate

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If income tax would have replaced with a consumption tax, then today it is likely that the equilibrium interest rate would be smaller, while the amount of loanable funds at equilibrium would be greater.

What is equilibrium interest rate?

The short-term real interest rate that, over the long term, is consistent with total output at its potential and stable inflation is known as the equilibrium real interest rate. At the interest rate where the supply and demand for money are equal, the money market reaches equilibrium. If all other factors remain constant, a change in money demand or supply will result in a change in the equilibrium interest rate, which will then change the size of real GDP and the level of prices.

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1.your aunt has a fear that makes it difficult for her to leave her home. she feels trapped and is unable to work or engage in any kind of activity that requires going outside of her home. you are not surprised when you find out your aunt is diagnosed with .

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You are not surprised when you find out your aunt is diagnosed with agoraphobia.

What is Agoraphobia?

Agoraphobia is an anxiety illness that makes a person extremely afraid of being overpowered, unable to flee, or unable to call for help. People with agoraphobia frequently avoid strange places and uncomfortable situations out of fear and anxiety, including either open or closed areas.

What causes agoraphobia and what risk factors exist?

The following are risk factors for developing agoraphobia are having phobias or panic attacks, having severe life experiences, such losing a loved one, getting attacked, or being mistreated, prone to nervousness or anxiety, displaying excessive concern and fear when experiencing panic attacks and a family member suffering from agoraphobia.

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When comparing common and preferred stock, indicate whether each of the following statements is true or false. In the event the corporation is dissolved, preferred stockholders receive their share of assets before common stockholders. Preferred shareholders are not guaranteed to receive a higher dividend amount than common shareholders. For purposes of electing the company's board of directors, only common shareholders usually have a vote In a year in which dividends are declared, preferred stockholders receive their portion of dividends after common stockholders receive theirs.

Answers

False, In a year in which dividends are declared, preferred stockholders receive their portion of dividends after common stockholders receive theirs.

A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments. A dividend is a gift that a business delivers to its shareholders, whether it be cash or something else. Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a firm determines its dividend, which requires shareholder approval. Regular profit-sharing payments between a corporation and its investors are known as dividends. The price per share, as well as the timing and frequency of dividend payments, are decided by a company's board of directors. A source of income, which can be particularly important during periods of inflation, can be provided by dividend stocks. A dividend is money distributed from profits to shareholders. They often receive quarterly pay. For instance, AT&T has been making such distributions for a number of years, with the price per share for its 2021 third-quarter issuance set at $2.08.

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Matthew McConaughey tells John Legend he will provide him with a Roland TR 808 Drum Machine if John does Matthew's chores for a month. John promises to do the chores. Matthew and John have formed a. a unilateral contract. b. a bilateral contract. c. an unenforceable contract. d. a void contract.

Answers

b) bilateral contract is the correct answer.

A bilateral agreement is one in which both sides share performance commitments. The promise of one party is given in exchange for the promise of the other. Each party is therefore an obligee on the other's pledge and an obligor on their own. 

Business agreements, such as sales contracts, where the buyer commits to pay the price and the seller promises to deliver the items, are the most typical forms of bilateral agreements. In this case, both the buyer and the seller take on reciprocal obligations, making it clear that the obligations to deliver the items and to pay the money are related. Leases, warranties, and employment contracts are other instances of bilateral agreements.

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Which of the following is not generally regarded by economists as a legitimate reason for the government to intervene in a market:A) to promote efficiency,B) to promote equality,C) to enforce property rights,D) to protect an industry from foreign competition

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To protect an industry from foreign competition is not generally regarded by economists as a legitimate reason for the government to intervene in a market.

Option D is correct .

What is your biggest economic problem?

The underlying economic problem is that society does not have enough productive resources to produce everything people want. This is also known as scarcity. The value of goods and services is determined by their rarity and usefulness. For a good to have monetary value, it must have utility and value.

What is the reason for all financial questions and problems?

The reason all financial questions and problems arise is because people's needs exceed the resources available to meet them. Economics is the social science that studies how people make decisions to deal with shortages.

What are the economists' main concerns?

A central task of economics is to determine the most logical and effective use of resources to achieve private and societal goals.

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complete the following statement about the marginal productivity theory. for a firm that is a factor price taker, , and firms hire the factor quantity at which . thus, it follows that .

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According to the marginal productivity theory. of A company that hires the factor quantity at which and is a factor price taker. Consequently, it follows. It is significant to remember that excess output will increase according to input productivity.

The marginal productivity theory seeks to clarify the worth assigned to the input used in production processes. In other words, it seeks to specify the appropriate wage for a worker in relation to their ability to create. You must comprehend what is meant by marginal productivity in order to fully comprehend what the theory proposes. The increased output brought on by an increase in input elements is known as marginal productivity. It is significant to remember that excess output will increase according to input productivity. The marginal productivity theory presupposes perfect market competition. No parties on either the supply or demand side should have sufficient negotiating power to affect the price paid for the additional unit of the good in order for the theory to be valid.

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TRUE/FALSE. most language teachers encourage the use of popular culture, not only to improve language skills but also to learn many of the nuances of another culture.

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Most language teachers encourage the use of popular culture, not only to improve language skills but also to learn many of the nuances of another culture. The statement is true.

What are the relationship between language and culture?

More tangible than culture is language. People utilise it as a means of communication. It is made up of textual and aural components that are utilized for communication inside a certain zone. Because it contains a specific set of characters, rules, syntax, and other components, language looks to be more of a precise science. Nevertheless, there are many connections between language and culture. The language is first taught from those who speak it, such as parents and classmates, and then certain of its elements, such as writing or regulations, are acquired in schools. Language needs specific instruction since it must be learnt, even if it is one's natural tongue. You must write, listen, talk, and read in the language for it to be fully mastered.

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the shoulder has a greater range of movement than the elbow because of the blank joint where the upper arm joins the shoulder blade.

Answers

The shoulder has a greater range of movement than the elbow because of the ball-and-socket joint where the upper arm joins the shoulder blade.

What is ball-and-socket joint?

In vertebrate anatomy, the ball-and-socket joint, also called spheroidal joint, is a joint in which the rounded surface of a bone moves within a hollow space of another bone, letting greater freedom of movement than any other kind of joint.

The shoulder and wrist joint are included in the category of belong to joint. It is a type of synovial joint in which the ball-shaped surface of one rounded bone is hooked into the cup-like depression of another bone.

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The adjusted trial balance for Indigo Corporation at the end of the current year contained the following accounts. The total long-term liabilities reported on the balance sheet are
$2685000.
$2555000
$2665000
$2535000
â

Answers

The total long-term liabilities reported on the balance sheet are $2685000. Long-term liabilities, also known as long-term debts, are debts owed by a company to third-party creditors that are due after 12 months.

This distinguishes them from current liabilities, which must be paid within a year. Long-term liabilities appear on the balance sheet alongside current liabilities. Long-term liabilities are typically due in more than a year. Mortgage loans, bonds payable, and other long-term leases or loans, excluding the portion due in the current year, are examples of long-term liabilities. Short-term liabilities must be paid within the current fiscal year.

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you have a group named research on your system that needs a new password because a member of the group has left the company. which of the following commands should you use?

Answers

You have a group named research on your system that needs a new password because a member of the group has left the company. gpasswd Research commands should you use.

right here's how to locate your passwords and use them to log in for your favored places: Open the Chrome app, then tap the 3-dot menu in the top-right nook. visit Settings and tap the Passwords section. Scroll via the passwords saved in your account and locate an account you need to view the password.

another manner to get right of entry to the Settings page is by means of typing.”://settings” in address bar. click on “Autofill” on the left. choose “Passwords.” you may see a list of all internet site passwords you formerly allowed Chrome to save. A robust password ought to be impossible to guess, and that means using a aggregate of lowercase and capital letters, numbers and symbols. Passwords are more potent the longer they're and shouldn't comprise any intuitive patterns or memorable keyboard paths.

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One reason for an agent's obligation to exercise integrity in discharging his responsibilities is to avoid _____.

Answers

One reason for an agent's obligation to exercise integrity in discharging his responsibilities is to avoid "misrepresentation".

Define integrity?

Being honest and adhering to strong moral principles are examples of integrity. Even behind closed doors, a person of integrity acts ethically and performs the right thing. Integrity is critical in laying the groundwork for a successful relationship among employees and their employers.

Define employee.

An employee is an individual who is paid to work for another person or business. Employees do not have to work full-time to be considered employees; they must simply be paid to work by such a supervisor (the person or business that pays them). An employer is an individual, company, or organisation that hires people and pays them for their services. Employees are people who are paid to do work. Employees are individuals who work hard to achieve the objectives and goals of a specific organisation. Employees are hired for specific tasks based on their specialisation, interests, and previous experiences.

I suppose the question is :

One reason for an agent's obligation to exercise integrity in discharging his responsibilities is to avoid

A.acts of fraud.

B.prudence and caution.

C.misrepresentation.

D.referrals from clients.

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If federal tax revenues are less than federal expenditures in a given year, then there is a federal ______ for that year. deficit. debt payoff. surplus.

Answers

If federal tax revenues are less than federal expenditures in a given year, then there is a federal deficit for that year.

A budget federal deficit occurs when expenses exceed revenue and can indicate the financial health of a country. The term is commonly used to refer to government spending rather than businesses or individuals.Budget deficits affect the national debt, the sum of annual budget deficits, and the cumulative total a country owes to creditors.

A budget deficit occurs when expenses exceed revenue. Certain unanticipated events and policies may cause budget deficits. Countries can counter budget deficits by raising taxes and cutting spending.

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A business operated at 100% of capacity during its first month, with the following results: Sales (120 units) $600,000 Production costs (150 units): Direct materials $75,000 Direct labor 18,750 Variable factory overhead 33,750 Fixed factory overhead 30,000 157,500 Operating expenses: Variable operating expenses Fixed operating expenses 3,360 9,700 The amount of contribution margin that would be reported on the variable costing income statement is Oa. $488,300 Ob. $590,300 Oc. $491,660 Od. $599,850

Answers

The amount of contribution margin that would be reported on the variable costing income statement is $491,660. The contribution margin is an important measure for businesses because it helps them understand how much revenue is available to cover fixed costs and contribute to profits.

The contribution margin is the amount of revenue that is available to cover fixed costs and contribute to profits after accounting for the direct variable costs of producing and selling a product or providing a service. It is calculated by subtracting the total variable costs from the total sales.

To find the contribution margin, you need to subtract the variable costs from the sales. The variable costs in this case are the direct materials, direct labor, variable factory overhead, and variable operating expenses.

Direct materials: $75,000

Direct labor: $18,750

Variable factory overhead: $33,750

Variable operating expenses: $3,360

Total variable costs: $130,860

Contribution margin: Sales - Total variable costs

$600,000 - $130,860

= $469,140

The correct answer is therefore: c. $491,660

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if globalization is on the rise and transnational corporations have economic and production decisions unrelated to state interests, then____

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The concept mentioned is Globalization. The answer is the cost of manufacturing decreases.

In simple terms, globalization is the process by which people and goods move fluently across borders. It's a profitable concept – the integration of requests, trade, and investments with many walls to decelerate the inflow of products and services between nations.

The thing of globalization is to give associations a superior competitive position with lower operating costs and to gain lesser figures for products, services, and consumers. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers.

Lowered costs help people in both developing and formerly- developed countries live more on lower plutocrats. It decreases the cost of manufacturing.

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Which is the most risky transaction to undertake in the stock index option markets if the stock market is expected to increase substantially after the transaction is completed? Choose the correct.
a. Write a call option.
b. Write a put option.
c. Buy a call option.
d. Buy a put option.

Answers

The Answer is (a) Write a call option.

What is a stock index?

A stock market index, which is also known as a stock index, measures a section of the stock market. The stock index measures the change in the share prices of different companies. The stock market index is determined by calculating the prices of certain stocks.

It measures the price performance of a basket of securities using a standardized methodology and metric.

How is stock index calculated?

The market value for each of the stock is calculated by multiplying its price by the number of shares included in the stock index, and each stock's weight in the stock index is determined based on its market value relevant to the total market value of the index.

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The Pharmaceutical Manufacturers Association defines a ________ as one that, after extensive investigation, is found to provide material of such quality that routine testing on each lot received is unnecessary.
a.
contract manufacturer
b.
return facilitator
c.
licensed franchisor
d.
certified supplier

Answers

A certified supplier is what the Pharmaceutical Manufacturers Association defines as one that provides material of these quality that routine testing on every lot received is not necessary, according to a thorough investigation.

What is investigation?
Investigate to find missing items if any are reported. To accomplish this, investigate the circumstances surrounding its disappearance by looking for information, making inquiries, and gathering proof. If you regularly watch detective programmes, you won't be surprised to learn that the Latin roots of the noun investigation are in-, which means "into," and vestigium, which means "footprint, track." Even though people may not always be searching for footprints at crime scenes, the core of any investigation is the methodical gathering of information and other proof related to a crime or wrongdoing.

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engaging in reasoning means you make and evaluate arguements from general information to more specific information, while engaging in reasoning means you make and evaluate arguments from specific information to general information.

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Deductive reasoning begins off evolved with the announcement of a well known rule and proceeds from there to a assured particular end. Deductive reasoning movements from the overall rule to the particular application.

The required details for Deductive reasoning in given paragraph

In deductive reasoning, if the unique assertions are genuine, then the realization have to additionally be genuine. Deductive reasoning is the intellectual technique of drawing deductive inferences. An inference is deductively legitimate if its end follows logically from its premises, i.e. if it's miles not possible for the premises to be genuine and the realization to be false. For example, the inference from the premises "all guys are mortal" and "Socrates is a man" to the realization "Socrates is mortal" is deductively legitimate. An argument is sound if it's miles legitimate and all its premises are genuine. Some theorists outline deduction in phrases of the intentions of the author: they need to intend for the premises to provide deductive aid to the realization.

With the assist of this modification, it's miles feasible to differentiate legitimate from invalid deductive reasoning: it's miles invalid if the author's notion approximately the deductive aid is false, however even invalid deductive reasoning is a shape of deductive reasoning.

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