Answer: sinking fund
Explanation: In simple words, it refers to the method under which then organisation set aside a fund for the repayment of this debt over the years.
Under this method, the organisation is setting aside 10 percent every year so that there will be no heavy load on the organisation at the end of the tenure.
Hence from the above we can conclude that the given case depicts sinking fund.
$250,000
Federal Deposit Insurance Corporation (FDIC) was created by the 1933 Banking Act during the Great Depression (June 16 1933). It's purpose was to restore trust in the banking system. Initially, the insured limit was $2,500, but over the years it has increased. The limits over time are: 1934 – $2,500; 1935 – $5,000; 1950 – $10,000; 1966 – $15,000; 1969 – $20,000; 1974 – $40,000; 1980 – $100,000; 2008 – $250,000 The increase from $100,000 to $250,000 was intended on being temporary, but as mentioned in the question, wasn't reduced and is therefore still the current limit. So Anna will be insured up to the $250,000 limit.
Answer:
d. $720,000 asset.
Explanation:
At 2014 David Company reported a loss for 2,400,000 which, for taxes purposes wasn't recognized.
Thus, there is a temporary diffrence in favor of the company,
as is paying more income tax today (the 2,400,000 loss is not recognzied thus, more income taxes are being paid)
and then, will pay less than the accounting net income (latter will pay taxes including this loss, thus less income tax)
This is a deffered income tax asset for: 2,400,000 x 30% = 720,000
tax deffered(assets) 720,000 debit
income tax expense 60,000 debit
cash 780,000 credit
A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output where
- price = marginal cost
- marginal revenue = marginal cost
- marginal benefit = marginal cost
Option D
<u>Explanation:
</u>
All of the options are true.
In a highly competitive market, companies set marginal incomes at marginal cost level (MR= MC) in order to make a profit. MR is the pitch of the profit curve, which represents the (D) and price (P) of the demand curve as well.
It is necessary to have positive, or negative economic benefits in the shorter term. The company profits whenever the price exceeds the total average cost. The company loses on the market if premiums are less than average total costs.
<span>With the increase in the ability to gain a greater yield per acre, there has become a larger amount of crops available, driving down prices. In addition, prices fluctuate due to seasonal factors and weather phenomena. Also, the competition with large factory farms has driven down prices due to the larger farms' ability to easily produce more product for a lower cost.</span>
