Answer:
B) 790-700r
Explanation:
Aggregate Expenditure is the expenditure by all the sectors of economy. By Households = Consumption (C), By Firms = Investment (I), By government = Govt spending (G) & tax leakages (T), By Rest world = Next Exports (NX).
Autonomous Expenditure is the level of expenditure in economy, which doesn't depend on level of Income = Y.
AE = C + I + G + NX
[500 + 0.8 (Y-150) - 300r] + [200 - 400r] + 200 + 10
500 + 0.8Y - 120 - 300r + 200 - 400r + 210
500 - 120 + 200 + 210 - 300r - 400r + 0.8y
790 - 700r + 0.8y
As, it can be seen that the part of AE = '790 - 700r', excluding '0.8y' : is not dependent on Income Y. So, it is Autonomous Expenditure
Answer:
3,000
Explanation:
As the income will be taxed at 25% the income tax liability will be for that amount
12,000 x 25% = 3,000
The tax deferred liability is generated from a temporary difference. The company is paying less income tax today but will pay more in the future. Hence there is a liability.
The accounting reason for this treatment is to match expenses with the time they occur or the revenues which generated.
WE assume that when a firm hires additional workers, the marginal physical product of labor will decrease. Why? Because more people will be added in a certain firm. Thus the resources will be divided to more people now and the money will also be divided to them
Answer:
See attached picture.
Explanation:
See attached picture for explanation.
Answer:
It is 6.58%
Explanation:
Debt-Equity Ratio = Debt/Equity
0.68= Debt/358,200
Debt = 0.68 x 358,200
Debt = $243,576
Total Asset Turnover = Revenue/ Total Asset
Total Assets = Debt + Equity = $243,576+ $358,200=$601,776
1.2= Revenue/601,776
Revenue= 1.2 x 601,776
=$722,131.20
Profit Margin = Net income/ Revenue x 100%
= $47,500/$722,131.20 x100%
= 6.58%
