<span>When acquring and integrating IT systems, senior professional must pay attention to the business value of it because most companies today cannot afford to invest in IT systems unless they serve the purpose to increase the equity of the company as well. If senior professionals do not pay attention to the details of the monetary value of acquring and/or integrating IT systems, no one else will. It is imperative that senior professional take this task very seriously.</span>
Answer:
The recognition of this event will:
not affect total assets, will decrease net income, and will decrease cash flow.
Explanation:
a) Data and Analysis:
Balance Sheet Effect:
Raw materials inventory (Assets) +$48,000
Cash (Assets) -$48,000
Net effect = $0
Income Statement Effect:
Purchase of raw materials (Cost of production) +$48,000
Net income will decrease by cost of $48,000
Statement of Cash Flows (Operating Activities)
Purchase of raw materials (Cash outflow) -$48,000
Invention or discovery that have significant educational or scientific value such as literary and artistic work
The allocation of money for the additional expense that equates to the cost of renovating the leased space to meet the tenant's business needs is referred to as a tenant improvement allowance.
<h3 /><h3>What is the Tenant Improvement Allowance?</h3>
It corresponds to a previously negotiated amount of money, which will be provided by the owner to the tenant with the aim of covering all or part of the construction costs.
Therefore, a tenant improvement allowance is a resource that can be applied to all construction-related expenses related to physical improvements to the site.
Find out more about rent contract here:
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Answer:
The answer is: E) $5.30
Explanation:
The first 500 cups are sold at $10.50 per cup.
Then cups 501 to 1,000 are sold at $10.25 per cup.
Cups 1,001 and beyond are sold at $10 per cup.
The cost of producing one cup of coffee is $4.70 regardless of how many cups are produced.
The 1,125th cup will be sold at $10 and cost $4.70, the marginal revenue is $5.30.