Answer:
To get good homes
sry, if this is wrong. I think it’s right tho. But i hope this helps!
Answer:
Net Income 180,000
Explanation:
The net income will be calculate by subtracting the expenses from the sales revenue of the firm
Sales revenue 500,000
Cost of goods sold (200,000)
Gross Profit 300,000
Operating expenses
Supplies expense (20,000)
Wages expense (100,000)
Net Income 180,000
Answer:
$13,300
Explanation:
The cost of improvement should be depreciation over the lower of - remaining lease term or estimated useful life of improvement
.
In our case, the lease number of years is shorter than the estimated life of improvement.
So, the cost will be depreciation for 5 years.
Hence, the amount to be recorded for first year:
= cost for improving leased office space ÷ Years remaining on lease
= 66,500 ÷ 5
= $13,300
Therefore, the amount of expense that should be recorded the first year related to the improvements is $13,300.
Answer:
The purchase should stay the same or even increase its number.
Explanation:
To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.
