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2 years ago

Which of these facts about a region are most helpful in understanding the region's economy?

1 answer:

4 0

The average age of the population, the location of major cities, shipping ports, and beaches, as well as the climate, are all important aspects to consider while attempting to comprehend the local economy.

This is further explained below.

<h3>What is the economy?</h3>

Generally, The creation, distribution, and exchange of products and services, as well as their consumption, all take place inside an economy. As a social domain, it is characterized by an emphasis on the "creation, use, and management of finite resources" via behaviors, discourses, and tangible manifestations.

In conclusion, When trying to get an idea of a region's economy, it is important to look at a number of different elements, such as the typical age of the population, the location of major cities and shipping ports, the climate, and the beaches.

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In 2020, HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account bal

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Answer:

The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.

Explanation:

The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:

Income tax payable $90 million

deduct;increase in deferred tax asset($170-$130) ($40 million)

Add;unrealized deferred tax asset($170*30%) $51 million

Income tax expense for 2021 income statement $101 million

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3 years ago

The following data come from the financial records of Campbell Corporation for Year 3: Sales $ 840,000 Interest expense 5,000 In

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Answer:

the times was interest earned in Year 3 is 11.2 times

Explanation:

The computation of the times interest earned ratio is given below:

The times interest earned ratio is

= (Net income+ Income tax expense+ Interest expense) ÷ Interest expense

= ($25,500 + $25,500 + $5,000) ÷ $5,000

= 11.2 times

Hence, the times was interest earned in Year 3 is 11.2 times

The same is to be relevant

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3 years ago

Imagine your client would like to complete a tax inversion, acquiring a foreign company in Switzerland and moving the domicile o

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Answer:

Explanation:

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3 years ago

a-1. Based on the preceding information, recommend whether to eliminate Division B. a-2. Prepare companywide income statements b

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Answer:

solomon is supposed to continue production at Division B because of the increase in the production volume and sales volume that has increased.

Explanation:

Solomon should take the risk of continuing in the business for like a certian period so that he can be able to asses the production fully before making a decision of probably Subleasing the facility.

Sublease: this is the act of leasing a property by a tenant to a subtenant

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3 years ago

The law of large numbers says that when many people are insured, the probability distribution of the losses will assume a normal

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Answer:

allows accurate predictions.

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The law of large numbers states that the larger the amount of policy holders, the probability distribution of the number of claims (losses for the insurance company) will be shaped like a normal distribution. This allows the companies to make more accurate predictions about the future number of claims.

In statistics, the law of large numbers states that as the sample size increases, the mean will be much closer to the real mean of the total population.

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3 years ago