Answer:
43,000 units
Explanation:
The computation of the produced units is shown below:
= Units sold + Ending Inventory units - Beginning Inventory units
= 42,000 units + 18,500 units - 17,500 units
= 43,000 units
We simply added the ending inventory units and deduct the beginning inventory units to the units sold so that accurate units can come
The consumer sector is the largest part of the macroeconomy
TRUE
Answer:
deferred income tax benefit during 2018: 6,700
deferred income tax liability ending balance 27,400
Explanation:
beginning deferred tax laibility 34,000
this will change to 21,000 for the tax rate change
(100,000 x 21% = 21,000)
thus there is a decrease of 13,000 in the tax liablity
Then:
book income 400,000
temporary differenc(net): (30,000)
Taxable income 370,000
30,000 x 21% = 6,300 additional deferred tax expense
13,000 benefit - 6,300 deferred tax expense = 6.700 benefit
Answer: Option E
Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.
If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.
Hence from the above we can conclude that the correct option is E.
It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
