If the Order Is Accepted, What Would Be the Impact

question 170

Multiple Choice

If the order is accepted, what would be the impact on net income?

• A) decrease of $750
• B) decrease of $4,500
• C) increase of $3,000
• D) increase of $1,500

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Definitions:

Tangible Assets

Assets that have physical substance

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Symbols, names, or phrases legally registered or established by use as representing a company or product.

Tangible Assets

Assets that have a physical form such as machinery, buildings, and land.

Intangible Assets

Assets that have special rights but not physical substance