Answer:
paradigm shift
Explanation:
Based on the information provided within the question it can be said that this is an example of a paradigm shift. This term refers to a fundamental change within an a company's or entity's set of discipline or norms of it's basic concepts. Which in this scenario adding same day home delivery drastically changes the basic concept of an in person organic food grocery store as people are able to order online and never have to set foot into the store. Which may even lead the store to close their brick and mortar store and function strictly online.
Answer: $2000
Explanation:
From the question, we are informed that Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program and she uses the funds to pay for new furniture for her apartment.
The amount that is taxable to Jennie will be the amount of earnings she made who is $2000.
Answer:
We should not take the contract
Explanation:
Net present value = Initial investment + Present value of cash inflows
Net present value = -95000 + 100000/1.08
Net present value = -2407.41
Thus, the contract should not be taken because the NPV is negative
Answer:
b) $0.40 per unit and $8,000.
Explanation:
The computation of the high-low method, the variable cost per unit and the total fixed costs is given below:-
Total Cost Production Units
April $120,000 280,000
May $74,000 165,000
June $90,900 230,000
Using High Low method
Variable Cost per unit = (High Cost - low Cost) ÷ (High Cost Units - low Cost Units)
= ($120,000 - $74,000) ÷ (280,000 - 165,000
)
= $46,000 ÷ 115,000
= $0.40
Fixed Cost = Total Cost - Variable Cost per unit × Production unit
= $120,000 - $0.40 × 280,000
= $8,000
Answer: Depreciation expenses
Explanation:
When preparing the cash budget, the things to be considered are the cash receipts from customers, cash payments for merchandise, cash payments for income taxes and the cash payments for capital expenditures.
The depreciation expenses is not considered because cash is not involved and it is a contra entry.
