Answer:
The total income tax expense for 2019 =152.000. Is not available in the options given by the exercise.
Explanation:
- Tax on insurance expense deductible for accounting purposes in 2019= 70000*40%=28.000
- Income tax expense for 2019 = 180.000-28.000=152.000
He learns that the idea of central economic planning that was practiced in Russia, was popularized in the nineteenth century by Karl Marx.
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An economy in which the decisions that are related to what to produce, how to produce and for whom the products must be produced are framed by the government then those economy are referred as A centrally planned economy. This type of economy can also be called as 'Communist economy or Command economy.
Karl Marx was an economist and a philosopher, sociologist and historian. He made many contributions to the economy. In the scenario given, Sergei Chernovl learns that the idea of central economic planning that was practiced in Russia, was popularized in the nineteenth century by Karl Marx.
It will take 10.29 years to double a $100 investment when interest rates are 7 percent per year.
Investment definition is an asset obtained or invested in to build wealth and keep money from the difficult earned earnings or appreciation. funding meaning is mainly to reap an extra source of earnings or advantage take advantage of the funding over a selected period of time.
Making an investment is an effective manner to put your cash to work and doubtlessly construct wealth. smart investing might also allow your money to outpace inflation and increase in price. The greater boom capacity of making an investment is primarily due to the energy of compounding and the hazard-return tradeoff.
In the most straightforward sense, making an investment works while you buy an asset at a low fee and promote it at a higher fee. This form of go back on your investment is known as a capital advantage. incomes returns by using selling assets for a profit—or knowing your capital profits—is one way to make cash investing.
N = 72 / 7
≈ 10.29 years
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Answer:
Option (c) is correct.
Explanation:
Given that,
Bread Machines:
Sales price = $160
Variable costs = $70
Production capacity = 2,000 machine hours per month
Contribution margin = Selling price - Variable cost
= $160 - $70
= $90
Contribution margin per machine hour for bread machines:
= Contribution margin × Unit per hour
= $90 × 4
= $360