Answer:
$110,400
Explanation:
The computation of the net non-current assets is shown below:
= Patent + Property, plant, and equipment - accumulated depreciation + trade marks + goodwill
= $7,900 + $98,900 - $20,000 + $13,600 + $10,000
= $110,400
It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.
<h3>What is elastic demand?</h3>
An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.
An inelastic demand entails change in quantity demanded due to a change in price is small.
Learn more about elastic demand at;
brainly.com/question/24384825
Answer:
$16,500
Explanation:
The computation of the deferred income tax liability for the year 2021 is shown below:
= Amount not included in tax return × enacted tax rate for 2022 year
= $66,000 × 25%
= $16,500
Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come
And, we ignored the other information given in the question
The answer is: by cheap foreign labor
Currently, most of the corporations that operates in america manufacture their products in countries such as China, india, indonesia, phillipines, or Eastern European countries.
People who live in those countries typically have lower standard of living. Because of this, they can agree in receiving salary that are considerably lower compared to the minimum wage in united states.
