Answer:
(A) $40,000
Explanation:
At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price
Since in the question, the land was purchased at $40,000. Moreover, for the tax purpose, the land is valued at $27,000 and the qualified appraiser appraise the value at $48,000. The cash payment is also offered for $46,000
But at the time of recording or reported, the balance sheet would show at the purchase price i.e $40,000
Answer:
expectations of inflation decrease as a result of lower inflation in previous periods.
Explanation:
Answer:
If the Federal Reserve buys bonds in the open market, it increases the money supply in the economy by swapping out bonds in exchange for cash to the general public. Conversely, if the Federal Reserve sells bonds, it decreases the money supply by removing cash from the economy in exchange for bonds.
Answer:
It will increase emigration in the short run, but in the long turn the tax effect will be translated to the club and companies as the players has leverage.
Explanation:
It is a complex question, we have to consider that elite players agents has leverage on the negotiation as the football club wants to keep them in the team. What end up happening is that players negociate a net ammount thus, they are indifferent to the tax-rate for their contract.
We should also consider there is income from advertizing and social media which has increased over the years. Here, the players will also negociate a net amount and company's will take the hit not the players.
I:E the player will want 10 millon net thus, the parties will sing a contract value that after all taxes leaves them with that amount.
<u>Also this make the effort to elude taxes more viable</u> as it happened with Messi and Cristiano Rolando among others.
Answer and Explanation:
The computation is shown below:
But before that we need to do the following calculations which are shown below:
The Contribution per unit of faucet is
= $75 - $15
= $60
And, the Contribution per unit of pitcher filter is
= $100 - $30
= $70
Now Contribution per unit in present sales mix is
= [($60 × 2) + ($70 × 3)] ÷ 5
= ($120 + $210) ÷ 5
= $66 per unit
And
The Fixed cost is
= $1,000,000 + $200,000
= $1,200,000
Now
Break even units is
= $1,200,000 ÷ $66 per unit
= 18,181.81 units
For faucet, it is
= (18,181.81 × 2) ÷ 5
= 7,272.72 units
For pitcher filter, it is
= (18,181.81 × 3) ÷ 5
= 10,909.086 units
