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Question
Alain is married and the father of two young children. He owns an excavation firm. Every month, he must pay $3,000 in fixed costs including rent, equipment rental and professional liability insurance. His annual salary from his business is in the order of $80,000. What amount of monthly benefit does he need in the event of disability? $4,000 per month to replace just his income. $3,000 per month ta cover just his fixed costs. $3,000 per manth to cover his fixed costs plus $4,000 per month to replace his income. $7,000 per month to replace his income.
Loss from Operations-P1,500; Net Sales-P120,000; total Goods Available for Sale-P103,505; Gross Profit-P60,750; Compute the Cost of goods sold
Find what amount should the gain from the sale of the building be reported? The prevailing rate of interest for a note of this type on January 1, 2020, was 11%.
Demonstrate graduate level work including appropriate research and critical thinking skills
Hulse's sales journal for January shows a total of $110,000 in the selling price column, and its one-column purchases journal for January shows a total of $77,000.
He was sentenced to 13 years in prison on 33 felony counts. How could internal controls have helped prevent Currier's bank fraud in Enid, Oklahoma
The XYZ Farm produces organically grown greenhouse tomatoes that are sold to area grocery stores. What is the maximum inventory level
Last year the House of Orange had sales of $826,650, What was the company's turnover rounded to the nearest tenth
this is an entry for a journal formaton april 1 2009 minor company paid 5280 for a 2 year insurance policy.on that date
Analyze and discuss the major differences you see between the types of costing. Which do you believe is more useful for this business, and why?
Winkerbean purchases equipment from Splish for a price of $990,000. How should the transaction price of $990,000 be allocated
Why this change in legislation was introduced? Since investment income has never qualified for the small business deduction, why introduce the passive income
What amount of AGI does the Roth IRA phase out begin for a Married Filing Jointly taxpayer?
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