Organic foods are such foods, which are typically grown without the addition of chemicals or other unnatural additives.
Foods which are grown using the conventional and traditional methods, which are completely authentic and do not include any chemical processes for the purpose, are known as organic foods.
Hence, option D holds true regarding organic foods.
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Income from exempt municipal bonds $17,000
Depreciation deducted for income tax purposes $18,000
Depreciation deducted for financial purposes $10,000
What amount should Packer report as taxable income?
Answer:
The taxable income is $127,000
Explanation:
The computation of the taxable income is shown below:
= Income before provisions for income taxes + Rent received in advance - Income from exempt municipal bonds - Depreciation deducted for income tax purposes + Depreciation deducted for financial purposes
= $130,000 + $22,000 - $17,000 - $18,000 + $10,000
= $127,000
Thus, All items should be considered
Answer: compromise
Explanation:
Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.
Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.
Answer:
Compromise
Explanation:
When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.
six months time.
If an insurance company’s CFO immunizes the company’s balance sheet it will not necessarily remain immunized in six months time because of the following reasons:
This will impact the company's ability to earn income on their investments, which could lead to a decline in the value of the portfolio.
If an insurance company’s CFO immunizes the company’s balance sheet it will not necessarily remain immunized in six months time because of the above reasons.
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Answer:
$ 3,290
Explanation:
Given that
Merchandise on account sold to Langston = 5000 at 2/10 n/30
2/10 n/30 means 2/10 net 30 refers to a trade credit indicating that the buyer enjoys 2% discount.
Also,
Langston returned $1000 worth of damaged goods.
Thus,
Amount of check
= (Initial sales price - returned damaged goods) × 100% - discount
= (5000 - 1000) × 100 - 2
= (5000 - 1000) × 98%
= $ 3920