<span>C.) The amount of money earned in a week being invested in new book purchase
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Answer:
SITUATION 1 2
a) Income tax payable currently. $14,000 $30,000
b) Deferred tax asset - balance at year-end. $1,800 $4,600
c) Deferred tax asset change dr or (cr) for the year. $800 $0
d) Deferred tax liability - balance at year-end. $0 -$1,800
e) Deferred tax liability change dr or (cr) for the year. $0 -$800
f) Income tax expense for the year. $13,200 $30,800
Explanation:
Note: See the attached excel file for all the calculations of all the answers a to f above.
Answer:
The cost 3 is 890000 dollars.
Explanation:
Total product costs = $2100000
Variable cost included in total product costs = $450000
Fixed cost included in total costs = $900,000
Mixed costs = $750000
cost 3 (mixed cost) = 2390000 – 600000 - 900000
cost 3 (mixed cost) = 890000 dollars.
There are three ways to cope up with the problem of scarcity:
a. Economic growth.
b. Improvement of use of available resources.
c. Reduction of wants.
Explanation: Economic growth mean the ability if an economy to produces products and services. Using the products wisely can improve the usage and helps in saving the resources. Society can improve the use their existing or available resources in order to reduce the scarcity by: Efficiency in productivity, efficient allocation of resources, full employment with minimum wastage and equity.
The answer to that is roof