Answer:
$726,500
Explanation:
The computation of current earnings and profits for year 2 is shown below:-
current earnings and profits for year 2 = Profit as per Income Tax - Penalty disallowed + Life insurance proceed - Tax Expenses
= $760,000 - $42,000 + $185,000 - $176,500
= $945,000 - $42,000 - $176,500
= $726,500
Therefore we have applied the above formula to reach out the current earnings and profits for year 2.
Answer:
Option (B) is correct.
Explanation:
Sales forecast = 2079 units
Ending Inventory to be maintained:
= 10% of forecast sales
= 10% (2079 units)
= 208 units
Production:
= Sales + Ending Inventory - Beginning Inventory
= 2079 units + 208 units - Nil
= 2,287 units
Taking current inventory into account, Dell's Production of 2,287 units After Adjustment have to be in order to have a 10% reserve of units available for sale.
Answer:
D. households demand goods and services that are supplied by firms, while supplying resources that are demanded by firms.
Explanation:
The circular flow of income shows how money moves in an economy. Firms pay households for resources needed in production. The money flows back to firms when households demands goods and services from firms.
I hope my answer helps you
Because opportunity cost is the value of something else you might have done with that time or money that you expended there.
hope this helps!
Answer:
capital
Explanation:
The capital assets are all those belongnings of the company that help creating revenue.