Answer:
At the end of the current year, the deferred tax liability related to the excess depreciation will be 144 million
Explanation:
In order to calculate At the end of the current year, the deferred tax liability related to the excess depreciation we would have to use the following formula:
Deferred tax liability = ($160 million * 25%) + ($160 million * 30%) + ($160 million * 35%)
Deferred tax liability =$40 million + $48 million + $56 million
Deferred tax liability = $144 million
At the end of the current year, the deferred tax liability related to the excess depreciation will be 144 million
The line structure is considered the simplest and the oldest form of organizational structure.
Line Structure.It is the direct chain of command throughout organization.
The Line managers are the ones who decide and command the workers. It should be quick decisions and they are accountable for the said decisions.
They must have a wide range of knowledge.
Answer:
45,000 shares
Explanation:
The computation of the number of shares computed for the basic earning per share is shown below:
= shares outstanding as on Jan 1 + 2 for 1 stock split as on Jan 4 + shares issued as on Jan 7
= 20,000 shares + 20,000 shares + {10,000 shares × 6 months ÷ 12 months }
= 20,000 shares + 20,000 shares + 5,000 shares
= 45,000 shares
The 6 months are calculated from Jan 1 to July 1
Answer:
The answer is: A) If taxes are lowered, government revenues actually increase.
Explanation:
For example, when consumers have to pay less money in taxes, it means they will have more money to spend. Private consumption is the most important component of the GDP. When money starts to flow, a virtuous circle of growth starts a chain of events that reinforces economic growth through a feedback loop. When the economic growth rate increases, government revenue will also increase. The virtuous circle of growth is the most important pillar of the Keynesian economic theory.
The same applies to businesses, when they pay less taxes, they can invest more in new businesses which in turn increase economic growth, which results in higher revenue for the government.
Of course this theory applies to certain small tax reductions, and under certain specific circumstances.
Hello. You forgot to show the calculations made by Nico and Lorena. The calculations are shown in the attached figure.
Answer:
Nico is correct because he knew -4/5 is equal to -4/5.
Explanation:
As you can see in the image below, Nico and Lorena had to solve the expression (2) x (1/6) x (-4/5).
In this case, the correct resolution is Noco's resolution, since it has the following resolution steps:
2x1x (-4) / 1x6x5 =
-8/30 =
-4/15
