Answer:
True
Explanation:
When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.
For a <u>company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.</u>
However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>
Answer:
$240,000
Explanation:
With regards to the above information,
Sales revenue is computed as;
= Operating expenses + Depreciation × Tax rate
Given that;
Operating expenses = $5,00,000
Depreciation = $100,000
Tax rate = 40%
Sales revenue
= ($500,000 + $100,000) × 0.4
= $600,000 × 0.4
= $240,000
Answer:
$1,680,000
Explanation:
Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.
Therefore the amount that the company would record the building is $1,680,000.
