Answer:
Explanation:
1) The total cost of reducing runoff if the farmers are not allowed to trade permits is:
total loss = farmer A' loss + farmer B's loss
where:
- farmer A's loss = (100 - 50) x $25 = $1,250
- farmer B's loss = (100 - 50) x $50 = $2,500
total loss = $1,250 + $2,500 = $3,750
2) The total cost of reducing runoff if the farmers are allowed to trade permits is:
Since farmer A will be willing to sell his permits to farmer B for a price that is ≥ $25 and ≤ $50, the total cost of reducing runoff is $2,500.
If farmer A sells his runoff permit at a price higher than $25 his costs will decrease but farmer B's costs will increase, so any gain due to price change is offset by the other farmer's loss.
Answer:
In total 84,000 income tax will be reported.
Explanation:
taxable income 280,000
tax rate: 30%
tax expense: taxable income x tax rate:
280,000 x 30% = 84,000
The company already expected 50,000 tax income:
income tax expense 50,000 debit
cash 50,000 credit
So it will adjust for the difference: 84,000 - 50,000 = 34,000
income tax expense 34,000 debit
income tax payable 34,000 credit
In total 84,000 income tax will be reported.
An asset that you put money into with the hope that it will grow or appreciate into a larger sum of money. a person can also make financial investments in stocks and mutual funds, which can appreciate in value and pay dividends.
A. what is the monopolist's profit- maximizing output? 5000 units. The point of intersection of MR and MC or when MR= MC. And when the line is extended on to the demand curve it gives the profit maximizing out put for a monopolist
Answer:
The amount that is included in Camilla's gross income in 2019 is $50,000.
Explanation:
Property settlement and child support are not included in gross income , but alimony payment(cash) are included.
Therefore, The amount that is included in Camilla's gross income in 2019 is $50,000.
