To increase Federal Funds rate, they can B: decrease the discount rate. I'm sorry if I'm wrong. I'm also sorry it took so long I was distracted watching the Hannah Montana marathon on Disney Channel :) I'm such a child. Well, i am 12 and Hannah Montana was my entire childhood (age 1-7 and is always a part of me)
Answer:
Letter a is correct. <u>To the right of the social supply curve.</u>
Explanation:
In this situation, we can say that the correct alternative is that the company's supply curve will be to the right of the social supply curve. For when there is an external cost of producing a good, it means that there is a cost committed by third parties, that is, this cost has no direct relation to the production process of the good, but it can be said that the production of the organization goes beyond ideal social level of production, which causes an externality, as there are consequences for third parties on a decision which they did not participate in.
Answer:
Deferred Tax Asset:
The amount of taxes that is paid or carried forward but not yet identified in the income statement is referred as deferred tax asset
Journal Entries:
Debit: Income Tax Expense (balancing amount) = 812,500
Debit: Deferred Tax Asset = 87,500
Credit: Income Tax Payable = 900,000
- Income tax expense reduces the stockholders. equity. Hence, debit income tax expense with $812,500
.
- Deferred tax asset is an asset and is increased by $87,500. Therefore, debit deferred tax asset account with $87,500.
- Income tax payable increases the liability by $900,000. Therefore, credit Income tax payable account with $900.000.
Working note:
Determine the amount of deferred tax asset.
Deferred tax asset = Rent collected in 2021 × Enacted tax rate
Deferred tax asset = $350,000 × 25%
Deferred tax asset = $87,500
Determine the amount of income tax expense.
Income tax expense = Income tax payable — Deferred tax asset
Income tax expense = $900,000 = $87,500
Income tax expense = $812,500
Answer:
A place with a lot of noise, poorly lit, and distractions
Answer:
South Dakota
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South Dakota does, in fact make the greatest use of custodial treatment, incarcerating 672 delinquents in juvenile facilities per 100,000 juveniles in the population.
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Hope this helps!
