Answer:
The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.
Explanation:
The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:
Income tax payable $90 million
deduct;increase in deferred tax asset($170-$130) ($40 million)
Add;unrealized deferred tax asset($170*30%) $51 million
Income tax expense for 2021 income statement $101 million
Here is the answer
https://www.science.edu/Acellus/curriculum/career-technical-education-courses/lesson-lists/Business%20Management%20Curriculum.pdf
Answer:
The correct answer is letter "D": more inelastic.
Explanation:
When its price changes, the supply, and demand for an inelastic good or service are not dramatically impacted. Whether the price of an inelastic product goes up or down, the buying habits of consumers remain roughly the same. <em>Prescription drugs, food, clothing, </em>and <em>gasoline</em> are common examples of inelastic goods.
Thus, <em>if the price of gasoline doubles tonight, that price would be considered more inelastic tomorrow compared to the current price until today than comparing the doubled price during the course of the upcoming two years</em>.
Answer:
<h2><u>Required</u><u> Answer</u><u> </u><u>:</u><u>-</u></h2>
Technology - Technology is defined as the information about some thing. We may also use these technologies in our business
Ex :- Internet is a technology.
Answer: $19.82
Explanation:
The price the investor would be willing to pay today would be the present value of the dividends and the selling price at the end of 2 years using the required return as the discount rate.
= 1.50 / (1 + 8%) + 1.50 / (1 + 8%)² + 20 / (1 + 8%)²
= 1.3888889 + 1.286 + 17.1467764
= $19.82
