A company may focus on lost contribution margin or prepare comparative income statement when making a product line decision
<h3>What is income statement?</h3>
An income statement can be regarded as financial statement which helps to display company's income and expenditures.
It is a financial statement that shows you the company's income and expenditures. It also shows whether a company is making profit or loss.
Hence, when making a product line decision, a company may focus on lost contribution margin and avoidable fixed costs or prepare comparative income statement.
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Answer: Option A is the right answer
Explanation: Evidences in most cases has shown that MACRS is all about applying convention for one and a half year on assets. So when an entities owns 35-40% of an asset in forth quarter, Mid quarter convention will be applied for only one half of the last quarter, logically one and half month in the last quarter.
I believe the answer is: 4).Take out only the number of eggs you expect to use in a short period of time and crack them as needed
If we leave the eggs out of the refrigerator a long period of time, we would risk the egg becoming spoiled and can no longer be usable. Because of this we shall not take more than we need and we must used the egg as soon as it is taken our and cracked. (so the bacteria have no time to spoil the egg)
Answer:
Sole proprietorship and partnerships generally have a tax advantage over many corporations, especially large ones.
Explanation:
Corporation face fewer regulations than Sole proprietorship.
In any partnership every partner is liable for their share of rights, privileges, and liability exposure.
An S Corp and C Corp are not taxed the same.
Answer:
Superintendent, Principal, teacher, student
Explanation:
