<span>The speed and weight of the vehicle, and whether the object it impacted absorbed any energy. </span>
When one group controls an industry or market by being the only provider, this is called MONOPOLY.
Mono - Greek monos means one or single
Poly - Greek polein means to sell.
Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.
The correct answer is A) $392,000.
The amount should be reported in its 2015 income statement as the current portion of its provision for income taxes is $392,000.
To get this number you have to do the correct multiplication. You take the taxable income and multiply it by the enacted tax rate of the year 2015. So it is $1,400,000 x .28 (that is the 28%. The resulted number is $392,000.
This is how the corporation has to prepare the reconciliation for its first operation year.
The other options of the question were B) 560,000. C) 504,000. D) 720,000.
he exchange of money and the receipt of the item is mutual consideration for the transaction. In every single agreement, there must be consideration in order for the agreement to be legally binding; it is a critical part of contract formation. ... In other words, each person in a contract must promise to do something.
