Answer:
A valuation allowance is a contra account to deferred tax assets only-A.
Answer:
Decrease by $12,000.
Explanation:
Sales = $215,000
Variable expenses = $125,000
Contribution margin = $90,000
Fixed expenses = $130,000
Current net income = -40000
(loss)
Unavoidable fixed expense = 40% of Fixed expenses
= 130,000 × 40%
= $52,000
Net income = 0-52000= -52000
Change in net income = -52000 - (-40000)
= -12000
Therefore, the company’s net income will decrease by $12,000.
Developing new menu offerings has been one of the commonly used marketing strategies by restaurants to address changes in competition to other competing restaurants. They advertise their menu by creating banners and using social media to inform the customers on their new menus.
The Best option would be B, hope this helps
Any size but no greater than 4 inches