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vaieri [72.5K]
3 years ago
13

In selling 300 acres of rural land to organic farms, peyton tells the buyer that the land "will be worth twice as much by next y

ear." this is
Business
1 answer:
kompoz [17]3 years ago
7 0
Peyton is engaging in a sales strategy in which he would likely tell of the buyer that the land will increase twice as much in the following year if it has not been brought in which this strategy will be able to lure the buyer into thinking of whether he or she will buy the land or not.
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If the USA could produce 1 ton of potatoes or 0.5 tons of wheat per worker per year, while Ireland could produce 3 tons of potat
Anuta_ua [19.1K]

Answer:

A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.

Explanation:

US         1 ton of potatoes or 0.5 tons of wheat = 2

Ireland  3 tons of potatoes or 2 tons of wheat = 1,5

8 0
3 years ago
When someone in a company steals money from sales before the money is reported, what type of crime is it
Luden [163]

I think the answer would be B


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8 0
3 years ago
Read 2 more answers
The 2008 credit crunch occurred when banks reduced lending in response toa the loss of asset value for mortgage-backed securitie
rjkz [21]

Answer:

The correct answer is option a.

Explanation:

In 2007-2009 financial crisis occurred globally which originated in the US. It was triggered in the US because of the collapse of the housing bubble which caused the price of houses to decline.  

The housing bubble was backed by mortgages securities. The percentage of lower quality or subprime mortgages increase around 2004-06.  

This reduction in the asset value for mortgage securities caused the banks to reduce their lending as the debts on consumers and businesses were increasing.  

This caused the credit crunch in the year 2008.  

6 0
3 years ago
The following facts relate to Krung Thep Corporation. 1. Deferred tax liability, January 1, 2014, $40,000. 2. Deferred tax asset
Vika [28.1K]

Answer:

A.Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,00

B.Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

C.Net income $120,000

Explanation:

Compututation of income taxes payable for 2014.

Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,000

(b) Journal entry

Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

c)

Income before income taxes $200,000

Less Income tax expense

(Current $38,000+Deferred 42,000) 80,000

Net income $120,000

4 0
3 years ago
Simonne is developing a program. She names a variable %due, but then recognizes that this name violates a variable naming conven
umka21 [38]

Answer:

Variables names cannot include a percent sign (%).

Explanation:

8 0
3 years ago
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