The answer to this question is the "enterprise zone". It is a location or a government subsidized area that are considered most improved and revived. Most of the taxes received by the government are used in the zone for the purpose of uplifting its economic status and other aspects that need attention and need to be addressed by the government.
Answer:
B, sustainability
Explanation:
Sustainability can be defined as maintenance at a specific rate or level. From the question, it can be seen that Devon's influence in the company is very high.
For that reason, the company is using his connection to sustain the company's operations amongst other things.
The company's net income will increase if this product line is eliminated because of the decrease in the fixed cost.
<u>Explanation:</u>
In Economics, fixed costs, backhanded expenses or overheads are operational expense that are not reliant on the quantity of products or administrations delivered by the business. They will in general be time-related, for example, intrigue or leases being paid every month, and are regularly alluded to as overhead expenses.
With the decrease in the fixed costs of the company by closing this product line, the total cost of the company will also decrease and then this will increase the net income of the company.
Answer:
$60,000 income tax benefit
Explanation:
Since Crimson Corp. had a loss from operations and sold the asset for a loss we know that they lost money with the asset and an income tax benefit was generated. To calculate the income tax benefit we need to add both losses: $40,000 (operation) + $160,000 (sale) = $200,000 in total losses.
$200,000 x 30% = $60,000 income tax benefit
To create service items in QuickBooks Desktop, click the “Item” button in the lower-left corner of the list window. Then select the “New” command from the pop-up menu. In the “New Item” window, select “Service” from the “Type” drop-down. Enter a name for the service into the “Item Name/Number” box.