Spotless Naturals manufactures bulk quantities of cleaning fluids. It currently sells 1100 containers a month at a sales price of $20.00 per unit. If a new fragrance is added, $24.00 per unit could be charged for the improved product. It would cost a total of $800 per month to make that alteration. Operating income would ________.
A) decline by $4400
B) increase by $4400
C) increase by $3600
D) decline by $800
C) increase by $3600
Business
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Indicate whether the statement is true or false
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____________________ annuities are annuities based on an uncertain time period.
Fill in the blank(s) with the appropriate word(s).
Business
Tax preparers must be licensed by either the state or the federal government.
Answer the following statement true (T) or false (F)
Business
Depreciation recapture provisions I. are reclassification provisions. II. apply to depreciable assets sold at a gain
a. Only statement I is correct. b. Only statement II is correct. c. Both statements are correct. d. Neither statement is correct.
Business