Business, 16.11.2019 02:31 brookie125

Nishi corporation prepares financial statements for each month-end. as part of its accounting process, estimated income taxes are accrued each month for 27% of the current month’s net income. the income taxes are paid in the first month of each quarter for the amount accrued for the prior quarter. the following information is available for the fourth quarter of the year. when tax computations are completed on january 20 of the following year, nishi determines that the quarter’s income taxes payable account balance should be $22,099 on december 31 (its unadjusted balance is $19,899).

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 19:50

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock

Answers: 1

Answer

Business, 22.06.2019 23:00

Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution.a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent

Answers: 3

Answer

Business, 23.06.2019 01:00

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?

Answers: 1

Answer

Business, 23.06.2019 03:00

Atennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. there's also $500 fee to become a member. stella joined the tennis club last spring, and she has been a member for 5 months. she has been playing 10 hours of tennis each month. stella values an hour of her time at $20. during a boring afternoon meeting, stella thinks about reserving a court to work on her serve for an hour tonight. what's stella's opportunity cost of working on her serve for an hour?

Answers: 1

Answer

You know the right answer?

Nishi corporation prepares financial statements for each month-end. as part of its accounting proces...

Questions