Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered
You should select Router to connect the two groups of computers so that data communication can occur.
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Explanation:</u></h3>
Routers are essential for the communication between two or more computers that are connected to a network. The primary function of routers is making connection between various networks and the data packets will be forwarded to the computers of same network of different networks.
It is a layer 3 device. This because the data that is contained in the layer 3 IP packet that contains the IP address of the destination to which the packet should be forwarded plays a very important role in making decisions related to the data packets forwarding. Thus a Router must be selected for connecting two groups of computer for data transfer and communication.
Answer:
B) people face trade offs
Explanation:
Resources are scarce, and that applies to every person and every organization in the world. Even the richest person or richest organization has a certain finite amount of money, time and other resources. For example, if we decide to work 12 hours a day, we will make more money, but we will also have less time o do other activities that we like.
In this case, Billie Jean only has $120 and she wants to buy both products, but she can only buy one. Whatever product she decides to buy will leave her with $0, so if she wants to purchase the other product she will need to find a job and earn some money, or if she already has a job, she will need to work more hours.
<span>Which best describes the role of financial planning? Allow someone to have fewer economic obstacles. A financial plan is important to have because it allows someone to be best set up for the future. A financial plan allows you to predict your future cash flows, asset values and save for unfortunate events. Those who actively participate in financial planning tend to overcome the fewer economic obstacles thrown their way. </span>
Dress shirts and ties are complementary goods and we know that complementary goods have a negative cross-price elasticity of demand which means an increase in the price of dress shirts will decrease the demand for ties (negative cross-price elasticity of demand)
Elasticity is the ability of a deformed body of material to return to its original shape and size when the force causing the deformation is removed. Bodies with this ability are said to behave (or react) elastically.
Consumer durables are an example of demand elastic products. Things you rarely buy, like a washing machine or a car, that you can move when the price goes up. For example, car discounts have been very successful in increasing car sales through price reductions.
Learn more about elasticity here
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