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:
Shortage
Explanation:
I got it correct because I watched the given recording.
Answer:
Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.
Explanation:
According to business strategy, the <u>Profitability</u> ratios measure how much-operating income an organization can generate relative to assets, owners' equity, and sales.
<h3>What are Profitability ratios?</h3>
Profitability ratios s a form of financial method or procedure in which firms assess or evaluate the ability to generate income or revenue based on the capacity and resources.
<h3>Different types or methods of Profitability ratios:</h3>
- Gross Profit Ratio
- Operating Ratio
- Operating Profit Ratio
- Net Profit Ratio
- Return on Investment
Hence, in this case, it is concluded that the correct answer is "<u>Profitability ratio."</u>
Learn more about the Profitability ratio here: brainly.com/question/25253887