Answer:
The correct answer is letter "D": A.C. Pigou thought that advertising by monopolistically competitive firms will not have any net effect in the market.
Explanation:
English economists Arthur Cecil Pigou (1877-1959) in his book "<em>The Economics of Welfare</em>" (1920) where he stated expenses on advertisement by firms in monopolistic competition neutralize one another as if the advertisement had never been promoted. This is because products under those market schemes are so different one from another that advertising itself does not generate a big impact on consumer patterns.
Pigou is also known for his work on the <em>welfare economy, business cycles, </em>and <em>unemployment.</em>
When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years 1 only.
An expense is the monetary value of tasks that an organization causes to create income. As the well-known saying goes, "it costs cash to bring in cash.
Normal expenses incorporate installments to providers, worker compensation, manufacturing plant leases, and hardware devaluation.
Organizations are permitted to discount charge deductible costs on their annual government forms to bring down their available pay and hence their assessment obligation.
To learn more about Expenses.
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Answer:
B. On the declaration date
Explanation:
Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date
As such a corporation record an increase in Dividends Payable on the declaration date.
The right option is B. On the declaration date
Answer:
amount of tax saving is $4320
Explanation:
given data
tax deduction = $18000
marginal tax rate = 24%
effective tax rate = 20%
to find out
amount of tax saving
solution
we know tax saving formula that is
tax saving = tax deduction × marginal tax ........................1
so now put here all value in equation 1
tax saving = tax deduction × marginal tax
tax saving = 18000 × 24%
tax saving = 18000 × 0.24
tax saving = 4320
so amount of tax saving is $4320
