Answer:
the earning per share is $1.02
Explanation:
The computation of the earning per share is shown below;
Earnings per share = (additions to retained earnings + cash dividends) ÷ (No of common stock outstanding
)
= ($637,000 + $70,000) ÷ $690,000
= $1.02
hence, the earning per share is $1.02
We apply the above formula so that the correct per share value could come
Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered
Answer:
d. the oligopolists earn the highest profit when they cooperate and behave like a monopolist.
Explanation:
An oligopoly is when there are few large firms operating in an industry.
When oligopoly firms come together and agree to set a price, they are known as cartels and are acting as a monopoly. Firms in a cartel earn the highest profit because they act as a monopoly compared to when they aren't in a cartel and each firm sets their own prices to maximise profit. In a case where firms in an oligopoly do not form a cartel, they engage in price wars and other forms of competition which might make firms earn lower profits compared to when they are in a cartel.
Collusive agreements aren't always binding. Firms might have incentives to cheat on the agreement if the payoff from cheating is higher than not cheating.
I hope my answer helps you.
Answer:
Chain of Command and Unity of Command
Information and Intelligence Management
Explanation:
Chain of Command dives into the hierarchical structure of the organization and Unity of Commands refers to the fact that every individual has a designated supervisor that they report to. This is supported by the information given because you report to the Planning Section Chief.
On the other hand, because you are producing maps you support the Information and Intelligence Management which deals with "gathering, analyzing, assessing, sharing, and managing incident-related information and intelligence."
For more information check the following page: https://emilms.fema.gov/IS100c/groups/133.html
Answer:
D) Taxes levied on sellers and taxes levied on buyers are not equivalent.
Explanation:
Whether a tax is levied on the buyer or the seller of the good doesn't matter because they both place a wedge between the price that buyers pay and the price that sellers receive. And that difference will be the same regardless of who is responsible for paying the taxes. E.g. a sales tax is paid by the buyer, but the difference between the money paid and the money received would be the same if the tax was paid by the seller instread.
