Answer: The capital stock increases, and economic growth is positively affected.
Explanation:
If the government offers an investment tax credit, a situation will arise where entities will invest more knowing that they do not have to pay as much in taxes.
This investment will lead to an increase in capital stock as this is what investment purchases to enable production. With more capital stock, production levels will rise and the economy will grow.
Answer:
$129,127
Explanation:
Cardinal company bank statement showed a balance of $180,974 at May 31
The reconciling items consisted of outstanding checks of $51,847
Therefore, the amount that should be shown in Cardinal cash account on May 31 can be calculated as follows
= $180,974-$51,847
= $129,127
Hence a balance of $129,127 should be shown on the Cardinal cash account on May 31
B) the ownership interwsr of one partner is sold to a new partner
It’s C) The geocentric orientation
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