Answer:
Decrease tax expense by $1,275 million
Explanation:
Changes in deferred tax asset account inversely affects tax expense. Changes in the deferred tax liability account, directly affects tax expense.
The increase in deferred tax assets and decrease in deferred tax liabilities both decrease tax expense for the year
= $939 + $336 million
= $1275 million
Therefore, These balance-sheet changes will affect tax expense on the income statement for the year by Decreasing the tax expense by $1,275 million.
Answer:
Foreign Direct Investment
Explanation:
For an investment to be called a foreign direct investment, a business in one country must purchase a form of controlling ownership in another business which is located in another country. Mergers and acquisitions, opening a new facility in another country, or purchasing properties in another country for the purpose of doing business is called FDI. In the question, America Online purchases office space in India; this is purely an example of Foreign Direct Investment.
Answer:
The correct answer is C
Explanation:
Specialty retailer is the kind of retailer whose focus is on a particular categories of the product like office supplies or women's clothing.
So, in this case, David decided to host a party of Pampered Chef and he could purchase the items of the Pampered Chef at a discount and even the free items as he is hosting a party. So, Pampered Chef will be classified as the specialty retailer.
Answer:
$4,000,000
Explanation:
The computation of Present Value of Annuity is shown below:-
Present Value of Annuity = Amount ÷ Rate of Interest
Rate of Interest = 6.5% per year compounded weekly
or Rate of Interest = 6.5 ÷ 52
= 0.125% per week
Present Value of Annuity = Amount ÷ Rate of Interest
= $5,000 ÷ 0.00125
= $4,000,000
Therefore for computing the present value of annuity we simply applied the above formula.
<span>When increased raw material costs increase prices for consumers, the situation is known as cost-push inflation.
Reason:
Cost-Push is defined as: </span><span>an increase in </span>prices<span> of inputs like labor, raw material, etc. The increased price of the factors of production leads to a decreased supply of these goods.</span>
