Answer: Increase in equilibrium quantity of fish.
Explanation: New technology allows fishing boats to catch more fish while using the same number of crew-members. This will increase supply of fish shifting the supply curve for fish to the right.
At the same time a new study shows that eating fish at least three times a week helps prevent heart attacks. This will increase demand for fish shifting the demand curve for fish to the right.
The net effect of these changes is an increase in equilibrium quantity of fish. However, the change in the price of fish cannot be determined as it depends on the magnitude of shift in the two curves.
Answer:
$227,900
Explanation:
Given that,
Company deducts insurance expense tax purposes in 2018 = $213,000
Tax rate = 30%
Income taxes payable at the end of 2018 = $164,000
There were no deferred taxes at the beginning of 2018.
Income tax expense for 2018:
= (Amount of deduction in insurance expense × Tax rate) + Income taxes payable at the end of 2018
= ($213,000 × 30%) + $164,000
= $63,900 + $164,000
= $227,900
Explanation:
Social media has directly impacted business in the sense that it has strengthened relations between companies and consumers. The so-called relationship marketing is a strategic tool that companies seek to attract, retain customers and increase their value and position in the market, so it is necessary that the presence of a company in social media is based on positive values for society and posts that generate engagement and identification of the target audience.
The benefits of the use of social media by companies is to increase their value and presence where their potential audience is, it is possible to establish a more direct, flexible and instantaneous communication, as well as to solve consumer problems. But there are also the disadvantages that it is in the case of unethical posts for example, that it can generate a bad reputation for a brand.
In the case of dismissal of employees for personal use of social media, it is an extreme situation that should be discussed in advance and create a manual of policies and ethical conduct that the employee must have when using social media without creating conflicts and a negative image for the company. .
Answer:
Latinmore made money on the exchange rate movement. It was an exchange rate gain of $369,566. The marginal tax impact was $147,826.
Explanation:
Since the standard practice in accounting is to reflect the current situation of the company, any change in the exchange rate that affects the assets of the company abroad must be recognized. The financial income of exchange gains are registered in the Income Statement and affects the base to pay income tax.
Answer:
The correct answer is D. indirect cost.
Explanation:
That is, indirect costs are those costs that the company incurs during the exercise of its activity, whose allocation is more complicated, since they are not directly related to production.
In the above case, it is shown that the environmental effect produced by the cyclone is not directly related to the production of the bricks, so it is considered that it corresponds to indirect costs of the operation.
