Answer:
There are no answers to pick from!
Explanation:
Answer:
Profit
Explanation:
Profit strategy is an approach used by organizations to maximise profits through any possible method. This strategy involves setting different prices on the product to ensure that the company makes profit on each sale of the product in the market.
The various steps to be taken inorder to maximise profits in a business include:
- Removal of different products and services that do not add a significant amount of profit to the organisation
- Finding new potential customers.
- Restructuring the current price structure.
Answer:
D) firms whose average private cost is less than price will stay in (or enter) the dry cleaning
industry even though their average social cost exceeds price.
Explanation:
When there is pollution as a result of the daily business, then it involves a huge social cost, as you cause harm to public.
But company's do not consider it in making the decision for business, as it generally do not impact the business in financial matters.
As even if the average cost is less then revenue the profit will be there to run the business.
But till the moment the financial impact is not strong of the social cost the pollution will not affect.
Answer:
The answer is: Stone can report $8,750 as deferred income tax liability
Explanation:
Deferred income tax liability: income tax owed by a business that is put off into future years because a difference exists between GAAP accounting (in this case book depreciation) and income tax accounting.
The deferred tax liability is based on the difference on depreciation. Since 20x9 is Stone Co.'s first year of operations, the depreciation difference in this year must equal the net future depreciation difference.
To calculate the deferred tax liability balance we take the difference in depreciation and multiply it by the future tax rate: $25,000 x 35% = $8,750.
