Answer:
No change
Explanation:
The complete question is <em>"The fictional country of Alpetra increases the income tax rate so that tax revenues increase by $50 million. If GDP, consumption, and Government spending remains the same and Alpetra is a closed economy, what is the change in investment?"</em>
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The closed economy equilibrium is at: Y = C + I + G. Where Y = Real GDP, C = Consumption, I = Investment and G = Government spending.
The Y, C, G are constant so the investment is not changed. I = Y - C - G. So, this is the same before-tax and after-tax change.
IT IS D the same time as the first time in the future and the other is a great way to get the best out of
Answer:
Statement B would impair the independence of Jackson & Company, as any service which involves the contingent fee arrangements with the client will impair his independence.
Explanation:
Statement A will not hinder the independence as:
Personal tax services provided to employees of the client do not hinder the independence, but if the same services are provided to corporate officers this is hindrance to independence.
Statement C will not hinder independence as:
In fact, these services are required when performing audit, internal control audit is essential as per PCAOB
Statement D will jot hinder independence as:
This is applicable only if it relates to previous year, since he do not provide service now, it is not going to effect the independence.
A. To supervise employees over their daily tasks. Typically, middle-level managers are responsible for overseeing their teams and employees to help a company accomplish its goals through project and team management. They will implement policies and objectives, and manage expectations with senior-level management.
Answer:
Option (C) is correct.
Explanation:
Variable costs = $28
Allocated fixed costs = $17
Selling price = $84
Due to acceptance of M offer, S would be got excess contribution margin per unit. Because acceptance selling price ($34) is greater than the variable cost per unit ($28).
We don't have any information about the fixed cost due to acceptance. Therefore, we assumed that fixed cost is not increased.
Increased contribution margin per unit:
= Selling price - Variable cost
= $34 - $28
= $6
For 3,000 units, Increased contribution margin = 3,000 × $6
= $18,000
Therefore, net income is increased by $18,000 when the offer is accepted.
