By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.
<h3>What are skills? </h3>
Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.
When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.
Therefore, option E positive externality is the correct option for the given statement.
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Answer:
Current Liabilities:Notes Payable 250,000
Long-term Debt:Notes Payable 950,000
Explanation:
Calculation to Show how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet.
Hattie McDaniel Company
Partial Balance Sheet
December 31, 2017
CURRENT LIABILITIES
Notes Payable 250,000
($1,200,000-$950,000)
LONG-TERM DEBT
Notes Payable 950,000
Therefore how the $1,200,000 of short-term debt should be presented on the December 31, 2017, balance sheet is:
Current Liabilities:Notes Payable 250,000
Long-term Debt:Notes Payable 950,000
Answer:
D. the same amount of capital and labor.
Explanation:
Based on the scenario being described within the question it can be said that the aggregate production functions will shift upward when the same amount of capital and labor. This is because the aggregate production function describes how real GDP within an economy depends on available inputs, such as the labor that is being put into production, and that labor needs capital.
Answer:
D) Income Tax Expense for $80,000.
Explanation:
The computation is shown below:
Since the corporate tax rate is increased from 30% to 40% and the taxable temporary difference is of $800,000 so the change would be
= $800,0000 × difference in tax rate
= $800,000 × 10%
= $80,000
This amount i.e $80,000 would be debited and shown as an income tax expense
Moreover, the deferred tax liability is ignored
Students will probably differ on what to do. Some will contend that since the deferral did not influence the venture it is alright to back date the acknowledgment charge. They will contend by doing favors you are building social capital that may prove to be useful not far off. Others will just consider this to be a honesty issue and inaccurately marking the report is wrong.This is a tricky issue since one method for building IOUs is to look the other way or twist the tenets. Still the way that you are marking your name implies you are not just looking the other way.
