Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.
With a decrease in input prices, the producers will be willing to produce more items, but we are unsure if consumers will be able to buy more because they drop in income; therefore, we don't know what the price will do.
Answer:
Alternative 2
Explanation:
Because it has a higher profit of $127,500
Answer:
b. Trial balance.
Explanation:
In the trial balance the total of debit amount and the total of credit amount would be equivalent to each other. Here the debit involves assets, expenses, dividend while on the other hand the credit involves stockholder equity, liabilities, revenues
hence, the correct option is b.
And, the rest of the options are wrong
Answer:
The correct response will be:
(a) 15%, 21%
(b) 15%
Explanation:
(a)
Otter Company would be entitled to subtract a dividend received equal to 50% including its dividends it obtained. For the continued membership including its dividends, these will pay an income tax of 21 percent.
- The organization would then expect to be paid 21 percent tax mostly on the remaining part including its dividend while the federal income rate that is applied to it would be 21 percent.
- A business but with much less than 20 percent investment is given just 50 percent including its allowance as well as the additional dividend revenue is exempted from taxes of 21 percent.
(b)
Gerald would have all the split ones in sales. At either the 15 percent rate, he is going to pay tax.
