Answer: There will be a surplus at the increased price.
Explanation: Acc. to the law of demand as the price of a good rises the quantity demanded for the good will fall. This is represented by a movement up along the demand curve.
Acc. to the law of supply as price of a good rises the sellers will supply more units of the good. This is represented by a movement up along the supply curve.
At the increased price, there will be a surplus in the market given by Q's - Q'd.
Eventually, the surplus will lead to a fall in the price of pants till demand for the good is equal to its supply.
Answer: $15,400
Explanation:
BEP = Fixed cost - depreciation/ sales - variable cost
BEP = 740,000 - (744,000/6)/($60 -$20)
BEP= $740,000-$124,000/$40
BEP = $616,000/$40
BEP =$15,400
Answer:
FUTA tax due from the corporation is $108
Explanation:
The First and Second employee earned 7000 each
The Third employee earn earns 4000
Paid under State Unemployment Tax by the employer is = (7000+7000+4000) x 5.40% =$972
How much FUTA tax is due from Willow Corporation for 2019?
Credit of tax paid in State Unemployment Tax is availabe for FUTA tax of 6%, thus FUTA due will be:
=(6% of 18000) - $972
=1080-972
=$108
Answer:
The owner's equity amounts to $1,040,000
Explanation:
The formula to compute the owner's equity is as:
Owner's equity = Assets - Liabilities
Where
Assets = Land + Machinery + Cash
= $1,500,000 + $30,000 + $10,000
= $1,500,000 + $40,000
= $1,540,000
Liabilities = Loan
= $500,000
Putting the values above in the formula:
= $1,540,000 - $500,000
= $1,040,000
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<em>In a cap-and-trade system, </em><em><u>the </u></em><em><u>government</u></em><em> set(s) a regulatory cap (limit) on emissions and issue(s) pollution permits, and </em><em><u>polluters</u></em><em> can buy, sell, and trade these permits with others.</em>
<em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em>
<em>I</em><em>n</em><em> </em><em>a </em><em>cap </em><em>and </em><em>trade </em><em>system</em><em>,</em><em> </em><em>the </em><em>government</em><em> </em><em>sets </em><em>an </em><em>emissions</em><em> </em><em>cap </em><em>and </em><em>issues </em><em>a </em><em>quantity</em><em> </em><em>of </em><em>emission</em><em> </em><em>allowance</em><em>s</em><em> </em><em>consistent</em><em> </em><em>with </em><em>that </em><em>cap</em><em>.</em><em> </em><em>Emitters</em><em> </em><em>must </em><em>hold </em><em>allowances</em><em> </em><em>for </em><em>every </em><em>ton </em><em>of </em><em>greenhouse</em><em> </em><em>gas </em><em>they </em><em>emit</em><em>.</em><em> </em><em>Companies</em><em> </em><em>may </em><em>b</em><em>uy </em><em>and </em><em>sell </em><em>allowances,</em><em> </em><em>and </em><em>this </em><em>market </em><em>established</em><em> </em><em>an </em><em>emissions</em><em> </em><em>price</em><em>.</em>
<em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em><em>_</em>
