Answer: Direct imitation or Substitution
Explanation: When a Firm enjoys competitive advantage it attracts significant attention from its competitors. the competitors attempt to take over this resource advantage in order to negate the firms resource advantage. This can be done in two ways, either by imitating the resource in which the firm has a competitive advantage ( <u><em>direct imitation)</em></u> or by substituting the firms product by providing a similar product or service referred to as <em><u>substitution</u></em>.
Answer:
The amount Clydesdale should report as a deferred tax liability at December 31, 2017 is $214,840
Explanation:
The computation of the deferred tax liability is shown below:
= 2018 difference × Enacted tax rates + 2019 difference × Enacted tax rates + 2020 difference × Enacted tax rates
= $42,000 × 34% + $244,000 × 34% + $294,000 × 40%
= $14,280 + $82,960 + $117,600
= $214,840
We considered the difference of each year and its enacted tax rates. Th depreciation is not relevant. Hence, we ignored it
I believe this answer is true.
Answer:
Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.
Explanation:
hope this will help you
Answer and Explanation:
- Consumer as well as government overall expenditure seems to be a significant determinant of economic growth during a market. Unless the overall spending increases, the demand changes positively.
- Hence, just before the total individual and corporate expenditure in something like a firm increases, it demonstrates that perhaps the country's affairs cycle is going to expand, and then when total expenditure drops significantly, it illustrates that the financial sector's business period is going via compression.
So that it is the right answer.
