Answer:
She can deduct the full $120,000. the answer is $120,000.
Explanation:
Therefore, M is following cash basis of accounting , She can deduct the full $120,000 amount. Under cash system, expenses are recorded when cash is paid irrespective of whether it is accrued or not.
Answer:
Project organization.
Explanation:
The Erik W. Larson and David H. Gobeli study that compared projects that had been managed in a variety of structural types revealed that new product development projects tended to be most effectively executed when the organizational structure was a project organization.
Answer:
Strength:
Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.
Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)
Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.
Weakness
Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.
Opportunity
There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.
Threats
We are promoting late night eating which is not good for health so this is threat to our brand image.
Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.
Answer:
$259,000
Explanation:
Given that
Purchase = $240,000
Purchase return = $3,000
Purchase discount = $2,000
Beginning Inventory = $31,000
Freight = $11,000
Ending inventory = $18,000
The computation of cost of goods sold is shown below:-
Net Purchase = Purchase - Purchase return - Purchase discount
= $240,000 - $3,000 - $2,000
= $235,000
Beginning Inventory + Net Purchase + Freight - Ending Inventory
= $31,000 + $235,000 + $11,000 - $18,000
= $259,000
