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
Complete Question:
Article 2 of the Uniform Commercial Code simplified and streamlined commercial transactions involving the sale of goods. Which element of traditional contract law formation was modified or relaxed by the UCC?
a. Requirement of consideration for contract modifications.
b. Offers must have reasonably certain and definite terms to be valid.
c. The terms of the acceptance must exactly match those of the offer (“mirror image rule”).
d. All of the above.
Answer:
The element of traditional contract law formation that was modified or relaxed by the Uniform Commercial Code (UCC) is:
c. The terms of the acceptance must exactly match those of the offer (“mirror image rule”).
Explanation:
The "mirror image rule" specifies that when a contract offer is accepted, the terms must be the same as those in the initial offer. However, Article 2 of the UCC modified this "mirror image rule" by specifying that the offeree's acceptance is based on the offeror's terms unless otherwise specified by the offeree. Any additional terms are regarded as some proposed additions and do not become part of the contract unless both parties are merchants.
Variable cost is directly proportional to production output while fixed cost is constant regardless of production level. For Wesson company, the 12 % increase in sales can only affect the unit variable cost. Its relationship can be seen in the variable cost ratio. Variable cost ratio compares the variable cost to total revenue. Variable cost ratio is one factor that determines profitability.
Answer:
True
Explanation:
It's A.A because it makes more sense then b Falsehood
