I think that answer is 1.5
Answer:
The correct answer is (B)
Explanation:
Market equilibrium is a situation where demand equals the supply, which helps to determine the equilibrium quantity and price. Market equilibrium is a point which continuously shifts due to change in quantity demanded and supply. Overall at the equilibrium point, everyone is better off, and there will be no remaining opportunities for the individuals to make themselves better off.
Answer:
$22,000
Explanation:
Current liabilities are debts that a company must pay within a twelve month period.
This company's current liabilities are:
- Accounts payable $15,000
- Interest payable $7,000
Total current liabilities = $15,000 + $7,000 = $22,000
Since the note payable is due in 18 months, it is not considered a current liability.
Answer:
the future of our games are based on the
Explanation:
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Answer:
The statement is false
Explanation:
S corporations are pass through corporations, which means income earned is passed to the owners and they are taxed at individual level.
Shareholders of S corporation earns income in the form of wages and distributions. Wages are charged with payroll taxes. S corporation shareholders are not subject to self-employment taxes which is an advantage for them.
Therefore, the statement is false