Answer:
The amount of the additional projected liability that should be recognized is $28,000
Explanation:
For computing the amount of the additional projected liability, we have to apply the formula which is shown below:
= Tax benefit in 20% - Tax benefit in 40%
= $70,000 - $42,000
= $28,000
The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.
We took the higher value between $42,000 and $14,000.
Answer:
The options for this question are the following:
A. Quantity demanded will decrease, quantity supplied will increase, and a shortage will result.; B. Quantity demanded will increase, quantity supplied will decrease, and a surplus will result.; C. Quantity demanded will decrease, quantity supplied will increase, and a surplus will result; D. Quantity demanded will increase, quantity supplied will decrease, and a shortage will result.
The correct answer is C. Quantity demanded will decrease, quantity supplied will increase, and a surplus will result.
Explanation:
There is a strong correlation between pricing (at prices higher than the equilibrium price) and the creation of excess supply. Following the analysis of supply and demand, if we start from an initial equilibrium situation (where the quantity demanded and supplied are equal) and the authority decides to set a much higher price, the quantity demanded of the product will decrease and, on the other hand, the quantity supplied will increase, so producers will want to sell more than consumers want to buy. The previous problem will be solved if the authority decides to lower the price of the product, since this encourages consumers to buy more and bidders to produce less.
<span>The answer for this question is b. False. The first scientific approach established by Heinrich is focus on Prevention and is a linear approach that looks like a Domino effect. His model starts with the possible mistakes and according to this model by eliminating one of the factor (mistakes or possible causes of accident) an accident can be prevented. Today this model is called Domino theory. Heinrich established this model and called it Scientific Approach for Accident Prevention.</span>
Well it’s either wants or needs, cause I know it’s both of them but I’m not sure what your teacher wants.
