The answer if the gdp price index is 125 is c
Answer:
$1,620,000
Explanation:
Assume that Sharp operates in an industry for which NOL carryback is allowed.
In its first three years of operations Sharp reported the following operating income (loss) amounts: 2019 $ 1,350,000 2020 (3,150,000 ) 2021 5,400,000
There were no deferred income taxes in any year. In 2020, Sharp elected to carry back its operating loss.
The enacted income tax rate was 25% in 2019 and 30% thereafter.
In its 2021 balance sheet, what amount should Sharp report as current income tax payable is the applicable tax rate for 2021 applied on the income of the year: 30% x 5,400,000 = $1,620,000
Answer:
The correct answer is: The benefit of making the request will likely exceed the cost.
Explanation:
Utility maximization implies obtaining the greatest return after making a decision considering the least amount possible of resources in the process to obtain what is desired. The benefit is greater than the cost, utility maximization takes place in determining what the benefit and the cost could be.
Thus, <em>if you decide to tell your spouse where to go to eat for your birthday, the benefit of informing that is likely higher than the cost of disclosing that information</em>.
Correct question: Consistency of behavior is an asset to an organization when the organization ________.
A) has an aggressive culture
B) encourages innovation and risk taking
C) is highly departmentalized
D) has an employee oriented culture
E) operates in a stable environment
Answer:
E, operates in a stable environment
Explanation:
Consistency of behavior is the tendency of a individual to behave in a way or manner that they are known to behave from the past.
This consistency of behavior helps to ensure that the individual makes the best decisions which optimally ensures success of organization. THe consistency of an indidvidual's behiour is dependent on the environment created by the ogranization. A stable environment ensures behavioural consistency while an unstable condition within an organization could bring about the opposite.
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