Answer:
Critical thinking is the analysis of facts to form a judgment. The subject is complex, and several different definitions exist, which generally include the rational, skeptical, unbiased analysis, or evaluation of factual evidence.
Explanation:
i just know
Answer:
In total 84,000 income tax will be reported.
Explanation:
taxable income 280,000
tax rate: 30%
tax expense: taxable income x tax rate:
280,000 x 30% = 84,000
The company already expected 50,000 tax income:
income tax expense 50,000 debit
cash 50,000 credit
So it will adjust for the difference: 84,000 - 50,000 = 34,000
income tax expense 34,000 debit
income tax payable 34,000 credit
In total 84,000 income tax will be reported.
<span>Economically valuable materials such as diamonds, tin, and platinum are associated with sand and gravel.
There is no way that oil and natural gas, evaporative salts, and manganese nodules affect the creation of diamonds, platinum and tin, whereas sand and gravel do. The formation of sand and gravel is quite important for the "birth" of these materials, given that they need suitable conditions to form.
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Answer:
Buffett is concerned about debt in business as they analyse the financial statement of business before acquiring it or investing in it, as it suggest the future financial position of the company and it´s ability to generate consistent earning for the company. They focus on return on equity rather than debt, as regulatory body, credit agencies, and creditors use financial statement to decide on company´s worthiness by evaluating company´s debt and lending term. Debt become obligation for the company and its shows weak accounting and financial position of the company. The warren buffett´s investment policy is to acquire and hold companies for long run, therefore return on equity is a better parameter to evaluate any company.
Answer:
Checking Accounts
Explanation:
Now lets break this down so you can understand more clearly.
Liquidity simply means the ability to convert any asset in to cash easily.
- Small Time Deposits: in USA, small deposits are deposits under $100,000 and "small time" means they are generally deposited for a limited time. like a year or for a quarter. They are liquid, but not as much as Checking accounts.
- Checking Accounts: The are designed to support in carrying out daily transactions and are almost equal to "money (cash in hand)". No interest is paid on the balance of these accounts. Moreover, you can use Cheques to do transactions as well.
- Money Market Mutual Funds: Mutual funds that invest in low risk debt securities such as Treasury Bills and Commercial Papers.
- Savings Accounts: These are deposits made in the intention of saving and bears a descent interest rate too. They are highly liquid too, as you can withdraw cash anytime you want. Yet compared with the Checking Accounts, not so much.
But remember, all the things you've mentioned here has a good liquidity. Checking Account is just "Super" liquid.
