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Answer:
The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.
Answer:
Explanation:
The journal entry is shown below:
Income tax expense A/c Dr $30,035,000
To Deferred tax asset A/c $35,000
To Income tax payable A/c $30,000,000
(Being the income tax expense is recorded)
The computation is shown below:
For deferred tax asset:
= Deferred tax rate - Warrant liability × tax rate
= $435,000 - $1,000,000 × 40%
= $435,000 - $400,000
= $35,000
For income tax payable:
= Taxable income × tax rate
= $75,000,000 × 40%
= $30,000,000
Answer:
e. Vertical marketing system.
Answer:
Healthcare practitioners & supporters and Management have highest percentage increase anticipated.
Explanation:
The Healthcare practitioners have most demand in the market is because of the fact that developing countries have higher demand for these jobs and thus they show highest growth.
On the other hand, management is the backbone of the company. We can not imagine a company without management. Hence their is an increased demand in management operations. If the GDP of the country is growing then it means the business is growing and their is increased demand for the management jobs.
The automation will affect most of the difficult jobs and would increase efficiency in the coming future. The occupations that would be affected will be aggriculture production operations.