On January 1, 20x7, Collins Company changed the original economic life of its sugar beet harvesting machine from ten years to seven years. Collins paid 120,000 for the machine on December 31, 20x3. Collins marginal tax rate is 30%. How would Collins present this this change in accounting estimate on its 20x7 income statement A. In a disclosure note, reporting a decrease in net income of $21,000 B. In a disclosure note, reporting a decrease in net income of $9,000 C. The change would not require disclosure D. In a disclosure note, reporting a decrease in net income of $6,300
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Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.
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The de mesa family will soon be occupying their newly renovated house. however, the bathroom measuring 10ft. by 16 ft. still needs to be covered by tiles. if the tile that they desire measures 2/5 ft by 2/5 ft., how many tiles will they need to cover the bathroom floor?
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On January 1, 20x7, Collins Company changed the original economic life of its sugar beet harvesting...
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