Answer:
$42,000
Explanation:
Deferred tax liability can be defined as the tax liability which has been due for the current period but has not yet been paid such as installment sales receivable.
Insurance expense of $210,000
Tax rate of 20%
( $210,000 × .20 )
=$42,000
Therefore the amount of the deferred tax liability at the end of 2021 will be $42,000
The managerial role of a <u>leader </u>is best described as giving direct command and orders to subordinates
<h3>What is the function of management ?</h3>
The pursuit of organizational goals efficiently and actually by including the work of people through planning, organizing, leading, and controlling. This process of management involves monitoring performance, reaching it with goals, and making adjustments if needed.
<h3>What are the distinctions among the three levels of management?</h3>
The three levels of management in most communities are top-level management, mainly responsible for overseeing all functions, middle-level management, responsible for executing plans and procedures, and low-level control, responsible for direct task performance and deliverables.
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Answer:
Shortages of building materials and a slower recovery from the storm
Explanation:
From the question we are informed about an instance, whereby a hurricane hits Alabama, causing widespread damage to houses and businesses. The governor of Alabama places price ceilings on all building materials to keep the prices reasonable. In this case,what most likely result is Shortages of building materials and a slower recovery from the storm.
From law of demand, which expressed that provided other factors remain equal, when price of a good goes higher, then there would be less demand of that good from
people and vice versa. higher price brings lower the quantity demanded, and lower price brings higher the quantity demanded, therefore in the case, above as the price of ceilings on all building materials so that price becomes reasonable people demand more and it leads to Shortages of building materials
Answer:
d) the ratio of the money supply to the monetary base.
Explanation:
Money multiplier is the maximum change in checkable deposits (extra money) resulting from an increase in bank reserves by one dollar.
Money multiplier are enhanced by the central bank.
Additionally, the money multiplier is equal to the ratio of the money supply to the monetary base. This simply means that it is equal to one (1) divided by the required reserve ratio;
MM = 1 / (required reserve-deposit ratio).
