Bogo is an online coupon provider that has daily specials each day where if you buy the coupon for $15, the resulting gift certificate you receive provides $36 and the gift certificate doesn't expire. for one day only, bogo decided to make a lunch coupon that provides at a dollar gift certificate worth $36 for a particular restaurant until it sells out. this is a marketing strategy to get bogos name out. bogo sells one coupon per customer.
1. because this is an opportunity of a lifetime and every student will buy it for the prospect of cheap lunch, there is no opportunity cost to purchase the coupon.
2. this one day deal is an incentive for people to buy bogo coupon, as it will provide a meal much cheaper than what they could buy
3. by only allowing one coupon per customer, more consumers got to buy a coupon and bogo made its promotion more equitable to the masses.
4. if this $1 deal was for a different restaurant 100 miles away from the university in an extremely rural location, significantly fewer people would purchase the bogo deal.

Needs 83,000 optical switches next year (assume same relevant range). by outsourcing them, worldsystems can use its idle facilities to manufacture another product that will contribute $ 140,000 to operating income, but none of the fixed costs will be avoidable. should worldsystems make or buy the switches? show your analysis.

What are ways individuals may reduce their total education and training costs?

Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.