Answer:
Dr Deferred Tax Liability $3,750,000
Cr Income Tax Benefit-Operating Loss $3,750,000
Explanation:
Based on the information given we were told that net operating loss of the amount of $15 million was reported for financial reporting and tax purposes in which the tax rate is 25%. Therefore the journal entry to recognize the income tax benefit of the net operating loss will be :
Dr Deferred Tax Liability $3,750,000
Cr Income Tax Benefit-Operating Loss $3,750,000
($15 million *25%)
Answer:
Present Value= $11,523.99
Explanation:
Giving the following information:
Oven looks at his account and notices that if the current monthly interest rate stays constant he is expected to have $45,000 in 6 years and $89,000 in 9 years.
First, we need to calculate the interest rate compounded monthly using a variation of the future value formula:
FV= PV*(1+i)^n
Isolating i:
i= [(FV/PV)^(1/n)] - 1
FV= 89,000
PV= 45,000
n= 3*12= 36
i= [(89,000/45,000)^(1/36)]-1= 0.0191
i= 0.0191*100= 1.91% compunded monthly
Now, we can calculate the present value:
PV= FV/(1+i)^n
n= 6*12= 72
i= 0.0191
PV= 45,000
PV= 45,000/(1.0191^72)
PV= 11,523.99
Answer:
$2.2 per unit
Explanation:
With regards to the above and to compute the company's unit contribution margin, we need to first calculate the total contribution margin
Total contribution margin
= Sales revenue - Variable manufacturing expenses - Variable selling and administrative expenses
= $1,104,600 - $432,000 - $94,000
= $578,600
Therefore, the company's unit contribution margin
= Total contribution margin ÷ Number of units produced and sold
= $578,000 ÷ 263,000
= $2.2 per unit
Answer:
The real GDP per hour worked to increase if there are diminishing returns by less than $500.
Explanation:
Increase in capital per worker from $15000 to $ 20000 increases real GDP per hour worked by $ 500. If there is diminising return to scale then any amount of further increase in capital per worker (say further to 25000 ) will increase GDP less than $ 500. This is because diminising return implies that as we increase our inputs the quantity of our output goes on diminishing. Here the diminishing return has already started ,therefore addtional unit of output will only decrease due to increase in additional unit of input.
Therefore, The real GDP per hour worked to increase if there are diminishing returns by less than $500.
Commercials? idk look it up. (not on brainly lol)
