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SVEN [57.7K]
2 years ago
14

Do a majority of US adults believe raising the minimum wage will help the economy, or is there a majority who do not believe thi

s? A Rasmussen Reports survey of 1,000 US adults found that 42% believe it will help the economy.24 Conduct an appropriate hypothesis test to help answer the research question.

Business
1 answer:
Fofino [41]2 years ago
5 0

Answer:

There is sufficient evidence to support the claim that the majority of US adults believe raising the minimum wage will help the economy

Explanation:

Please see attachment .

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Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase in deferred tax liabilities
Sergeu [11.5K]

Answer:

Increase of 130 million

Explanation:

In this question, we are looking to evaluate what has happened to change in deferred tax assets. We proceed as follows;

Firstly, we calculate the current tax.

Mathematically = 40% of 400 million = 40/100 * 400 million = 160 million

Now, as we can see in the question, a decrease in deferred tax asset resulted in an increase in tax expense to a tune of $50 million

This brings the total tax expense to 160 million + 50 million = 210 million

We can see from the question that the company has only recognized a tax expense of $80 million.

This means that the change in deferred tax asset was an increase of 210 million- 80 million = $130 million

8 0
2 years ago
Two people see the same thing at the same time yet interpret it differently. In this situation, factors that operate to shape th
defon

Answer:

The answer is A) perceivers

Explanation:

it resides in the perceivers and not in the out side world. This could mainly be due to their different upbringing, social status, education level, religious and cultural factors they have been exposed to and their past experiences.

7 0
3 years ago
Diaz Company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record the dis
zhenek [66]

Answer:

Explanation:

The journal entries are shown below:

1. Accumulated Depreciation A/c Dr $182,000

 Loss on disposal of machine A/c Dr $68,000

         To Machine A/c                                $250,000

(Being the machine disposed off)

2. Accumulated Depreciation A/c Dr $182,000

  Loss on disposal of machine A/c Dr $33,000

  Cash A/c Dr $35,000

         To Machine A/c                                $250,000

(Being machine sold for $35,000)

3. Accumulated Depreciation A/c Dr $182,000

  Cash A/c Dr $68,000

         To Machine A/c                                $250,000

(Being machine sold for $68,000)

4. Accumulated Depreciation A/c Dr $182,000

  Cash A/c Dr $80,000

         To Machine A/c                                $250,000

         To profit on disposal of machine A/c Dr $12,000

(Being machine sold for $80,000)

5 0
3 years ago
Why is it important to understand that the amount cash paid for taxes is different than the amount of income tax expense?
GarryVolchara [31]

Answer: To know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

Explanation:

Income tax expense could be described as what is calculated that the company owes in taxes according to accounting rules. They are reported on the income statement.

While Income tax payable is described as the actual amount the company owes in taxes based on the rules of tax code. They appear on the balance sheet of the company accounting documents until the bills are cleared off or paid.

The reason for understanding the difference is to know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

6 0
2 years ago
The second element of website design involves the traditional contextual elements. What do these contextual elements needed to b
Nostrana [21]

These contextual elements needed to be aligned with the target markets.

<h3>What is a website design? What are the elements of it?</h3>

Website design is a process of planning, organizing, capturing and conceptualizing the content online in an attractive manner.

The main elements of the website design are the design, interaction, visibility, content etc.

A good website design consist the excellent visual design.

Learn more about the website design here:-

brainly.com/question/13479505

#SPJ1

4 0
1 year ago
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