Answer: Meeting customer requirements at a profit
Answer:
Alpha will win because there was no valid contract.
Explanation:
Alpha made a firm offer to Zeno, but the offer clearly stated that it was valid until July 1st and Zeno didn't accept the offer. Time limits matter, and Zeno didn't accept during the valid time limit. Zeno's acceptance can be considered a counteroffer but Alpha can decide to take it or not. Since Alpha didn't consider it a good offer then it can reject it. An offer does not constitute a contract, it must be accepted in order for a contract to exist and be enforceable.
Answer:
deferred income tax benefit during 2018: 6,700
deferred income tax liability ending balance 27,400
Explanation:
beginning deferred tax laibility 34,000
this will change to 21,000 for the tax rate change
(100,000 x 21% = 21,000)
thus there is a decrease of 13,000 in the tax liablity
Then:
book income 400,000
temporary differenc(net): (30,000)
Taxable income 370,000
30,000 x 21% = 6,300 additional deferred tax expense
13,000 benefit - 6,300 deferred tax expense = 6.700 benefit
Answer:
c. Unique costing. Job order costing.
Explanation:
Doing work on the specific requirement of customer is classified in unique costing and job order costing. Because all specifications , time period and requirements of the job is different from each other. All the other options are related to a similar business operations which require same costing method to be accounted for.
Answer: corporate social responsibility practice
Explanation:
Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.
Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.
