Answer:
$5,000
Explanation:
Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.
Answer:
-The forgone revenues that could be earned by renting the coffee shop out for other events during evening hours
- The costs involved with the increased usage of utilities, such as electricity and gas, during evening hours
- Training costs for new and existing employees on beer and wine serving procedures
Explanation:
Cost such as cost of landscaping the lawn outside and the cost of purchasing wine and beer to serve to customers are costs that tend to be incurred from operating the coffee shop, regardless of whether the beer and wine experiment is undertaken which is why these costs are not among the hidden costs of the coffee shop decision.
Therefore any cost which is not taken into account and which as well varies with the consequences of a decision is what we called HIDDEN COST.
Hence Costs such as increased utility usage due to the increased numbers of hours of operation, forgone revenues of renting out the space of the coffee shop and the costs of training new and existing employees in how to serve beer and wine are all costs that is been incurred due to the decision to extend hours and serve beer and wine.
Answer:
b.All the information and data in the company.
Explanation:
A CFO is the Chief financial officer is an organization. He or she is responsible for the company's financial risks, management, and reporting. The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.
Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.
Answer:
a. True
Explanation:
A minimum wage above $10 per hour is the binding minimum wage in the labour market so this would prevent the labor market from reaching equilibrium.
