Answer C would be correct because it provides new assets to the corporation.
Answer: Cigarette smoking
Explanation:
Utility is simply defined as the satisfaction or the enjoyment that an individual gets when the individual consumes a particular good.
An individual who smoked cigarette derives satisfaction from it and gets value for his or her money, therefore it's good for him or her. But in the case of someone who doesn't smoke, the person will see cigarette as something bad because it gives disutility to him or her.
Answer:
opportunity cost of this position is $46000
Explanation:
we know here there are 4 salary they are
$47,500 , $46,000 , $45,000 and $42,000
there are highest salary is $47500
and lowest salary is $42000
and if he is not choose this job
so then his next best alternative salary will be paying for job is $46000
so here we can at that Isaac's opportunity cost by choosing job with salary this $47500 is $46000
opportunity cost of this position is $46000
Answer:
The correct answer would be option A, $96600.
Explanation:
Gross profit is the amount of profit which a company earns after deducting all the costs which incurred in the making and sale of the products of the company.
Gross profit can be found out by the following formula:
Gross Profit = Total Sales - Cost of Goods Sold
Total Sales will be Sales Revenue - Sales Return - Sales Discounts
So here total sales revenue will be = 293000 - 26600 - 11200
= 255200
Total sales Revenue: 255200
Cost of goods Sold = 158600
Gross Profit = 255200 - 158600
Gross Profit = $96600
Answer:
a) $0 income under both cash method and accrual method. A deposit is not taxable income unless it can beapplied toward rent.
b) $1,460 of income under both the cash method and the accrual method (advance payments of rent andinterest are always taxable when received).
c) $340 of income under the cash method.
Under the accrual basis, the income would have been recognized in the prior year. The write-off of the apparent bad debt this year would be offset by the subsequent recovery. Hence, no change in taxable income.