Answer:
Increase in income from Operations = $72,000
Explanation:
Current cost of purchasing the inventory = $5 per unit.
Purchase price if bought from Division 6 = $3.20
Net benefit on each unit = $5 - $3.20 = $1.80
Number of units purchased = 40,000
Net savings in Expense of purchase of raw material, which will result in increase in income from operation's by = 40,000 
$1.80
= $72,000.00
Answer:
True
Explanation:
This is true since acceptance strategy is a risk management technique in which small risks with little impacts on the organization are identified but not curtailed just because the impacts of such identified risks are not beyond what the company can bear.
Thus, possibly rendering the managers unable to conduct proactive security activities and portray an apathetic approach to security in general.
Answer: d. Requires description of all significant accounting policies to be included as an integral part of the financial statements.
Explanation:
There are several accounting and valuation policies that a company can use when presenting its financial information for the year. Companies are meant to follow the policies that would most fairly represent their assets and liabilities.
When they pick these valuation methods, it is important that the people who study their financial statements know the valuation and accounting methods used so that they can understand the figures.
To this end, ASC Topic 235 requires that the company should include the significant accounting policies that it used as notes so that financial statement users understand how the company reached the figures it recorded.
Answer:
The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.
Answer: c. $ 7,000
Explanation;
Homeowners who list the house they own as their primary place of residence are entitled to a tax exemption from the full cash value of $7,000.
This thus enables them to make savings on taxes paid every year. The home as previously alluded to, must be occupied by the owner and not rented nor vacant for one to qualify for this tax exemption.
