If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
<h3>What is Road traffic offense?</h3>
A road traffic offense refers to any act that violated the Road traffic rule.
Some road traffic offense apportioned for a typical road traffic offense includes:
- suspension of driver license
- fines etc
In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
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Answer:
Deferred Tax Liability = $11,400 Credit
Explanation:
given data
pretax financial income = $228,000
Indigo’s tax depreciation = $38,000
tax rate = 30 %
solution
we know here that Income Tax Expense is
Income Tax Expense = $228,000 × 30%
Income Tax Expense = $68400 Dr
so as that
Deferred Tax Liability will be here
Deferred Tax Liability = $38000 × 30%
Deferred Tax Liability = $38000 × 0.30
Deferred Tax Liability = $11,400 Credit
Certificates of deposit exist as funds that the bank keeps on hand that exists not loaned out or invested in bonds.
<h3>What are certificates of deposits?</h3>
Unsecured negotiable promissory notes, or certificates of deposit (CDs), are frequently issued by commercial banks and other financial organizations.
A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years. You will receive the amount you initially invested plus any interest when you cash in or redeem your CD.
Bonds and certificates of deposit (CDs) are comparable but not the same. Both of these securities are fixed-income investments that the holder keeps until the due dates. Investors invest money in bonds or CDs for a predetermined amount of time, and when that time expires, they receive their money back.
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Answer:
Explanation:
a. The computation of the labor rate variance is shown below:
= Actual Hours × (Actual rate - standard rate)
= 5,050 × ($16.80 per hour - $16 per hour)
= 5,050 × $0.80 per hour
= $4,040 unfavorable
b. The computation of the labor time variance is shown below:
= Standard Rate × (Actual hours - Standard hours)
= $16 per hour × (5,050 hours - 1,000 × 5.4 hours)
= $16 per hour × -350 hours
= -$5,600 favorable
c. The computation of the total labor variance is shown below:
= (Actual hours × Actual rate) - (Standard hours × standard rate)
= (5,050 hours × $16.80 per hour) - (1,000 bicycles × 5.4 hours × $16 per hour)
= $84,840 - $86,400
= -$1,560 favorable
Answer:
Financial markets offer some solace
Explanation:
Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism