Answer:
$50,400
Explanation:
To do this first start by multiplying .12 x 35,000. The answer should be $4,200. After this multiply 4,200 by 12 in order to get the amount of money earned over a 12 month period. This will give you $50,400.
Answer: $2000
Explanation:
From the question, we are informed that Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program and she uses the funds to pay for new furniture for her apartment.
The amount that is taxable to Jennie will be the amount of earnings she made who is $2000.
We can record a capital expenditure using the debit asset
Answer:
Time utility
Explanation:
Organizations try to understand the demands of the consumers before before important decisions. From the questions, it is clear that the department stores over time have understood when customers prefers not to stock spring colored items because during the spring and fall, brown and green items are mostly sort after. Thus time utility which entails making available certain products to consumers depending on their needs, weather condition, or seasons is the most likely answer to this question.