Answer:
A. $ 420,000
Explanation:
We have to find the missing information
Sales revenues 1,000,000
variable cost <u> (200,000)</u>
Contribution Margin 800,000
Fixed Cost <u> X </u>
Operating Income 380,000
Contribution margin - operating income = fixed cost
$800,000 - $380,000 = fixed cost
fixed cost = $420,000
Answer:
The correct answer is letter "A": The line between electronic retailing and traditional retailing is blurring as traditional retailers go online.
Explanation:
Most purchases nowadays are being processed online. The easiness to access to a wide variety of products and the methods of payments causes more people to buy online. Besides, the number of retailer stores with mobile apps is increasing so there is no need to have a computer to make the purchases online since they can be made with a phone. This scenario is fading the line that used to separate traditional retailing with online retailing.
Answer:
B) $5,000
Explanation:
Bob and Sally can claim an American Opportunity (AO) credit for both of their children, Del and Owen.
Del's AO credit is $2,500 (100% of the initial $2,000 qualifying expenses and 25% of the next $2,000 qualifying expenses).
Owen's AO credit is the same as Del's, $2,500.
The total American Opportunity credit claimed is $5,000 ($2,500 + $2,500)
Carpentry has apprenticeship programs.
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