Answer:
Option C $10,000
Explanation:
Taxable income is $8000 and the tax allowable depreciation (MACRS) is $3000. To arrive at accounting income we have to deduct Tax allowable depreciation from the taxable income and add the accounting depreciation which is $1000.
This implies:
Accounting profit = Taxable Income + Tax allowable depreciation - Tax disallowed expense + Tax disallowed income
By putting values we have:
Accounting profit = $8000 + $3000 - $1000 = $10,000
International Trade.
When a company sells its product over the US border into another country they are participating in International Trade.
The change in equilibrium output 120.
The equilibrium output is the factor wherein deliberate mixture expenditure is identical to national profits output. The equilibrium price is the factor in which the value of a product and the call for that product intersect, developing a rate compromise. on the equilibrium fee, there may be a balance between customers shopping for the product and agencies presenting the product.
I the call for and deliver change within the equal direction, the change inside the equilibrium output may be decided, however the change in the equilibrium price cannot. a. If both call for and deliver an increase, there could be an increase within the equilibrium output, however, the effect on rate cannot be decided.
investment increases by 60
c = 50.50dy
dy = (1/1-mpc) dI where, dI =change in investment
∴ dy = (1 / 1 - 0.5)*60 dy = change in equilibrium output
= 2 * 60 Mpc = 0.5
= 120
Hence, the equilibrium output is 120.
Learn more about equilibrium output here:-brainly.com/question/28149601
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Answer: indemnification
Explanation: The indemnification clause is essentially the other party's obligation to compensate your damages if they do something that hurts you or allows you to be sued by a third party.
Indemnifying and keeping innocent means the same thing — making it whole after a defeat. Usually, but not always, the obligation to indemnify is reconcilable with the contractual obligation to "keep harmless" or "save harmless.
Hence from the above we can conclude that Rangle has right of indemnification.