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Answer:
The concept of the opportunity cost underlines the basic economic problems of scarcity and choice, and is relevant to the behaviour of individuals or consumers, firm or producers and of the government.
Explanation:
Answer: $1000
Explanation:
From the question, we are informed that Sally Eason put $4,000 in her deductible IRA this year and that Sally is in the 25 percent marginal tax bracket.
Based on the above information, the government contributed:
= 25% × $4,000
= 25/100 × $4,000
= 0.25 × $4,000
= $1000
Answer:
D. Total assets increase $100,000
Explanation:
When a company buys equipment for 150,000, its asset first increases by 150,000 because it is adding an asset to its asset list which is worth 150,000 but because one third is paid in cash which is an asset, the asset column decreases by (1/3*150,000)=50,000 as 50,000 cash is leaving the company. SO total assets increase by 100,000.