Buying an established business means already has books set up & has loyal customers
Answer:
option (B) Costs outweigh benefits by $1,600
Explanation:
Given:
Software costs = $10,300
Employee training cost = $8,200
Expected hardware upgrade cost = $12,100
Expected benefits from the inventory tracking system = $29,000
Now,
The total cost of the inventory tracking system
= Software costs + Employee training cost + Expected hardware upgrade cost
= $10,300 + $8,200 + $12,100
= $30,600
Since the cost is more than the benefit, the cost outweigh the benefit
the difference of outweigh = Cost - Benefit = $30,600 - $29,000 = $1,600
Hence,
the correct answer is option (B)
Answer: $26 million Net deferred tax liability
Explanation:
Net deferred tax liability (asset) = (Taxable temporary differences - Deductible temporary differences)* Tax rate
Taxable temporary differences = Depreciation expense + Income from installment sales
= 116 + 60
= $176 million
Deductible tax differences = Estimated warranty expense + rent revenue collected in advance
= 36 + 36
= $72 million
Net deferred tax liability (asset) = (176 - 72) * 25%
= $26 million
Answer:
A. $146,200
Explanation:
Collection from October sales (60% of October sales) [14300 x 60%]$ 85,800.00
Collection from November sales (40% of November sales) [151000 x 40%] $
60,400.00
Total collection in November $ 146,200.00
Therefore The total amount of cash expected to be received from customers in November is: $ 146,200.00
