Answer:The courses are Accounting, Business Administration, and Marketing
Explanation:
They are related to my academic experience having been in the commercial class in high school.
My plan for the future is a career to be any of Accountant, Business developer, or Business Administrator before retiring into entrepreneurship, which any this courses will help to succeed.
C. Your reader wants to see exactly what your product looks like.(APEX VERIFIED)
Answer: d. is always equal to net exports.
Explanation:
The net exports of a country will always equal the net capital outflow of a country. The capital outflow of a country refers to financial assets going from a country to another country.
The reason the net exports and the capital outflows equal each other is that the financial assets will be used to pay for the imports that come into the country and the exports will represent the funds coming into the country so so the exports and imports determine the capital outflow which is why both metrics are the same.
Answer:
a. a decrease in the price of wool shirts and a decrease in the price of raw cotton
Explanation:
A decrease in the price of wool shirts would lead to an increase in demand for wool shirts and a decrease in demand for cotton shirt. Cotton and wool shirts are substitutes goods. Price would fall and quantity would fall. A decrease in the price of raw cotton would increase production of cotton shirts and the supply of shirts would increase. This would lead to a rightward shift in the supply curve. Quantity would increase and price would fall. The combined effect of this would lead to an unambiguous decrease in price.
I hope my answer helps you
Answer: See explanation
Explanation:
a. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020.
Debit Income Tax Expense $40400
Debit Defered Tax Asset $7070
Credit Income Tax Payable $19190
Credit Defered tax liability $28280
(To record income tax expense and defered tax/liability).
Note that:
Income Tax Expense was gotten as:
= $202,000 × 20%
= $202000 × 0.2
= $40,4000
Income Tax Payable was gotten as:
= $95,950 × 20%
= $95950 × 0.2
= $19,190
2. Prepare the income tax expense section of the income statement for 2020.
Income statement for year ended 31 December 2020
Income before tax = $202000
Less: Income Tax expense - Current = $19190
Less: Income Tax expense - Defered = $21210
Net income = $161600
