Answer: A
Explanation:
A complementary good is a product that is used together with another product. Without its complement, such a good will have little value. When there is increase in the price of a particular product, the demand of its complement reduces because consumers may not be able to use the complement on its own.
Complements have negative cross elasticity of demand i.e there is increase in the demand for a product when the price of its complement reduces. If bicycles and gasoline are complements, an increase in tax on gasoline will have a negative effect on the demand for bicycle. Due to the price increase of gasoline, less people will demand for bicycle. The initial change that will occur as a result of this is that as there is a price increase for gasoline, there will be a leftward shift in the demand for bicycle. This implies that less bicycle will be demanded for.
Answer:
in Texas, the amount of oil and natural gas produced together with the market price determines the amount of tax to be generated.
Answer:
The appropriate answer is "Greater than 16%".
Explanation:
- Throughout this situation, the country's currency of companies has shown a 16 percent raise, which means that the sales of the subsidiaries would increase more than 16 percent whenever represented among Us dollars.
- As several currencies are increasing inside this valuation of the national currency, the transformation rate is greater than 16% as that the incidence increases.
Answer:
Deferred tax liability = $52,500
Explanation:
Difference between depreciation for financial reporting purposes and tax purposes at December 31 = 250,000
Enacted tax rate = 30%
Tax rate for future years = 40%
so Deferred tax liability = $250,000 x 40% = $100,000
Answer:
answer is given below
Explanation:
You have recommended that the company improve quality control by ending contracts with outside contractors and bringing all the product to the United States. This is the best option. Given the risks facing the company, it is advisable to make extensive changes in operations
- It is always a viable decision to keep or control the quality aspects of the company in the House, because monitoring is more precise and, moreover, any small differences can be easily detected and overcome at any time.
- In addition, working from home is always a benefit and value addition to make the production process flow freely and progressively.
- The factor that drives a company to manage its profits from the country and, therefore, this option is viable
