Answer: Demand curve shifts to the right, Price and quantity increases
Explanation:
A famous athlete promotes a certain brand of clothing, and this increases the demand for that brand of clothing. Thus, the demand curve for this brand of clothing will shift to the right. As a result of this, the price of this brand of clothing will increase and the quantity of clothing will also increase.
I believe the answer is a trade deficit
Answer: $4,400 Loss Amortization
Explanation:
At the start of the year x9, Fox Inc's projected benefit obligation exceeds the fair value of plan assets. Therefore, we we will have to amortize the unrecognized gain or losses over the remaining services period which is 15 years.
Unrecognized net losses = $396,000
Less: Exceeding = (330,000)*
Excess 66,000
Divide by remaining service 66,000/15 = $4,400
*Exceeding = beginning projected benefit obligation (3,300,000) x 10% = 330,000
Answer: $14,000 (Unfavorable)
Explanation: The book tax difference is the difference between the expenses for the book purpose in 2019 and the price of the option exercised. If the difference is positive it is unfavorable while if the difference is negative it is favorable.
Difference in book tax = The total value of the shares at the year - Amount of bargain element on option exercised.
Difference in book tax = ($40,000 × 1/2) - (1,000 × $6)
Difference in book tax = $20,000 - $6,000
Difference in book tax = $14,000
It is unfavorable because book tax expenses exceed the tax deductions.
They are more likely to miss a payment than someone with a high credit score is the answer .
