Africa has started exporting products that are not common in their country. These are vegetables and fruits which do not normally grow in Africa. The country has started exporting fruits and vegetables like snow peas, globe artichoke, Brussel sprout, passion fruit and pineapples to the European Nation. They were able to get money from this because these products have very high value in these countries.
Answer:
$5,082
Explanation:
Calculation of the balance in Kent's deferred tax liability account as of December 31, 2021
Using this formula
Deferred tax liability balance =Cumulative future taxable amounts*Enacted tax rate
Where,
2021 Cumulative future taxable amounts =$24,200
Enacted tax rate=21%
Let plug in the formula
Deferred tax liability balance =$24,200*21%
Deferred tax liability balance =$5,082
Therefore the balance in Kent's deferred tax liability account as of December 31, 2021 will be $5,082
Answer:
$950,000
Explanation:
<u>Particular Amount Amount</u>
Finish Goods $39,000
W.I.P Goods $34,000
Add: material $27,000
material purchase $555,000
Direct labor $248,000
<u>Factory Overhead $143,000</u>
$1,007,000
Less: material $20,000
W.I.P Goods at end $33,000
<u>Finish Goods $43,000 </u>
<u> $911,000</u>
<u>Total cost of goods sold $950,000</u>
Answer:
The correct answer is letter "A": total value from trade in a market.
Explanation:
Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating <em>social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.</em>
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Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.
