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dangina [55]
4 years ago
11

How could the government fight inflation?

Business
1 answer:
OlgaM077 [116]4 years ago
4 0
I say it would be B. Raise taxes
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which of the following is not a reason to give yourself extra "cushion" when driving? poor visibility on the road poor road cond
Snezhnost [94]
<span>Cushion is the amount of distance you keep between you and the car in front of you that allows you to easily maneuver in any condition. Typical this distance is about 3 seconds.
You should a</span>dd one additional second for any condition that is less than perfect. Unperfect conditions are  heavy traffic, not feeling well, or other distractions.
You should add two additional seconds to your space cushion if the it is raining or snowing. <span>Each of the given reason (poor visibility, poor road conditions, inclement weather) is a reason to give yourself extra "cushion" when driving. </span>
3 0
4 years ago
Assume that Sharp operates in an industry for which NOL carryback is allowed. In its first three years of operations Sharp repor
Flura [38]

Answer:

$1,620,000

Explanation:

Assume that Sharp operates in an industry for which NOL carryback is allowed.

In its first three years of operations Sharp reported the following operating income (loss) amounts: 2019 $ 1,350,000 2020 (3,150,000 ) 2021 5,400,000

There were no deferred income taxes in any year. In 2020, Sharp elected to carry back its operating loss.

The enacted income tax rate was 25% in 2019 and 30% thereafter.

In its 2021 balance sheet, what amount should Sharp report as current income tax payable is the applicable tax rate for 2021 applied on the income of the year: 30% x 5,400,000 = $1,620,000

3 0
3 years ago
Read 2 more answers
Hughes Aircraft sold a four-passenger airplane for $380,000, accepting a 12% note for the purchase price. This transaction would
Semmy [17]

Answer:

a. Debit to Notes Receivable

Explanation:

Journal entry for selling an asset in return for notes receivable is;

Notes Receivable A/c                                                Dr.

    To Asset A/C

In the given case, an aircraft is sold in exchange for a note receivable. The journal entry would be:

12% Notes Receivable A/C                                Dr. $380,000

     To Aircraft                                                                             $380,000

(Being notes receivable received in exchange for aircraft sold being recorded)

Notes Receivable is an asset for the receiver as it represents amount which is due to be received. Whenever an asset account is debited, it increases their balance.

Aircraft is an asset. When an asset is sold, it is credited. Here the asset being a movable asset.

5 0
4 years ago
Which of the following is NOT Considered personal information?
lbvjy [14]

Answer: NOne of the above. Or C Place of employement

Explanation:

5 0
3 years ago
Read 2 more answers
Bridgeport Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busin
mars1129 [50]

Answer and Explanation:

The journal entries are shown below:

1. Cash $19,980

    To Common Stock $19,980

(Being the invested amount is recorded)

2. No journal entry is required  

3. Rent Expense $999

       To Cash $999

(Being the rent expense is recorded)

4. Supplies $1,443

    To Accounts Payable $1,443

(being supplies purchased on account is recorded)

5. Accounts Receivable $2,109

      To Service Revenues $2,109

(Being service provided is recorded)

6. Cash $777  

     To Unearned Revenues $777

(Being cash is recorded)

7. Cash $3,108

      To Service Revenues $3,108

(Being cash is recorded)

8. Salary & Wages Expense $1,664

   To Cash $1,664

(Being cash paid is recordeD)

9. Accounts Payable $333

      To Cash $333

(Being cash paid is recorded)

5 0
3 years ago
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