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3 years ago

There will be a lower equilibrium price and higher quantity if _____.

Business

1 answer:

NNADVOKAT [17]3 years ago

8 0

Supply increases and demand stays the same.

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Larsen Corporation reported $200,000 in revenues in its 2021 financial statements, of which $66,000 will not be included in the

Anastaziya [24]

Answer:

$16,500

Explanation:

The computation of the deferred income tax liability for the year 2021 is shown below:

= Amount not included in tax return × enacted tax rate for 2022 year

= $66,000 × 25%

= $16,500

Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come

And, we ignored the other information given in the question

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3 years ago

Which of the following will affect the amount of net pay you earn on your paycheck?

ANTONII [103]

This would be State Income Tax.

8 0

3 years ago

Read 2 more answers

Each unit requires 2 pounds of direct materials, which cost $6 per pound. The company’s policy is to maintain direct materials i

ycow [4]

Answer: Budgeted Raw Material to be consumed in July.

Quantity Price per pound Total

10,200 $6 $61,200

Explanation:

As for the information provided, the material at month end in hand shall be:

20% of upcoming month's sale.

If in June at month end, the inventory in hand = 2,040 pounds of raw material.

Then, this represents 20% of total requirement of July.

Therefore, total requirement in July = $\frac{2,040}{0.20} = 10,200\ pounds$

This basically means:

Total inventory required =

Quantity Price per pound Total

10,200 $6 $61,200

5 0

3 years ago

Eric enjoys making pizza. when he makes pizza for his friends, sometimes eric cares about how the pieces are distributed, and so

Tamiku [17]

To answer the question we can look at the definitions of both "efficiency". and equity", and decide which action falls under what category:<span>
Efficiency is the quality to successfully finish a job without wasting any time or resources, by this definition when Eric does not care about how the pieces are distributed, he is showing efficiency, not wasting time or energy to distribute, but finishing the distribution.
Equity means the ability to be partial or fair with all, when Eric cares about how the pieces are distributed, he is showing equity.</span>

3 0

3 years ago

The South Division of Wiig Company reported the following data for the current year. Sales $3,018,000 Variable costs 1,979,808 C

hram777 [196]

Answer:

(a) Compute the return on investment (ROI) for the current year.

Current ROI 8.72%

Explanation:

Sales 3,018,000

- Variable Cost 1,979,808

- fixed cost 594,600

Operating Income 443,592

Operating assets 5,087,200

Return on Investment

$\frac{operating \: Income}{Average \: Assets}$

ROI = 433,592/5,087,200 = 0.087197 = 8.72%

5 0

3 years ago