Answer:
D. a gain of $1,000,000 and an increase in income tax expense of $350,000.
Explanation:
Given that
The gain is $1,000,000
And, the taxes is $350,000
So here the income statement that disclose the impact is that
There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000
Therefore the option d is correct
hence, the same would be considered
Answer:
ending inventoryt (inventory at hand) <u> 102,500</u>
Explanation:
First we calculate the total cost for the Job:
Materials 120,000
Labor 180,000
Overhead <u> 110,000 </u>
Total cost 410,000
Then we distribute over the units produced to calculate the unit cost:
Units Produced 4,000
total cost 410,000 / units produced 4,000 =<u> 102.5 unit cost</u>
Now we calcualte the value fo the units at hand:
<u>unit at hand refers to ending invnetory</u>
we produce 4,000 we sale 3,000 ending inventory 1,00
ending inventory : 1,000 x 102.5 = 102,500
Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. This agreement is called a bilateral contract.
<h3>What is bilateral contact?</h3>
A bilateral contract is a contract which is made between two parties. Under this contract, both parties make promises to each other on the terms and conditions. In this contract, the promise of one party turns into a consideration of the other party. It is the most common kind of contract which is binding in nature.
Fiona signed a contract promising to either purchase Nick's vacant lot for $310,000 by a certain date or not. It's referred to as a bilateral contract.
Learn more about the bilateral contracts from here:
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Answer:
C) supported the creation of a national bank.
Explanation:
As the first treasury secretary, Alexander Hamilton supported the creation of a national bank because he believed it would strengthen the national economy, since the country had been recently formed.
He finally succeeded in creating the Bank of the United States in 1791, which was the first national bank of the US. The Bank of the US started operating in 1797 in Philadelphia.
Answer:
exporting
Explanation:
The exporting refers to the trade in which the goods and services are produced and sold to the another country. In this, the person who sells the goods and services is known as exporter while the foreign buyer who buyed the goods and services is known as importer
According to the given situation, the company is looking for growth opportunities and it is a fairly small company. Moreover it focused on exporting the goods and services
Hence, the option C is correct