A county that did not previously have a property tax levies a property tax for $900,000 in December 2019. The tax is for the budget year January 1 to December 31, 2020. Because it sends out the bills on December 1, it actually collects $500,000 in cash by December 31, 2019. It collects an additional $375,000 of 2020 property taxes during calendar year 2020, $20,000 during January 1 through February 28, 2021, and the remaining $5,000 in June 2021. what adjustment is needed to the data

Reqwest llc agrees to sell one hundred servers to social media networks, inc. the servers, which social media networks expressly requires to have certain amounts of memory, are to be shipped “f.o.b. social media networks distribution center in tampa, fl.” when the servers arrive, social media networks rejects them and informs reqwest, claiming that the servers do not conform to social media networks’ memory requirement. a few hours later, the servers are destroyed in a fire at social media networks’ distribution center. will reqwest succeed in a suit against social media networks for the cost of the goods?

San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product