Answer:
The correct answer is option c.
Explanation:
A production function shows the relationship between the output produced and the inputs employed in the production process.
The short run production function shows the change in the output level when labor changes. In the short run labor is the variable factor, so output can be changed only by making changes in labor. The capital stock will be constant in the short run, so no changes can be made in it.
Answer:
A) Understated by $12.60 million
Explanation:
Given that,
Unrealized gains = 21 million
Tax rate = 40%
Total shareholders equity therefore
= 21,000,000 × (1 - 0.40)
= 21,000,000 × 0.60
= $12,600,000
Therefore, total equity will be understated by $12.60 million
Answer:
1.33
Explanation:
The size of the multiplier is the one which grounded on the marginal decisions of the household for spend, that is called as the MPC (stands for Marginal Propensity to consume), also referred to as the marginal propensity to save (MPS).
The formula to compute the size of the multiplier is as follows:
Size of multiplier = 1 / MPS
where
MPS is 0.75
So,
Size of multiplier = 1 / 0.75
= 1.33
Answer:
Under Bonus Depreciation, which was part of the tax reform act under Trump’s administration, Taxpayers are allowed to claim 100 percent of property acquired and placed into service after September 27, 2017 and before January 1, 2023.
Under the Tax Cuts and Jobs Act, bonus depreciation increased from 50% to 100% fro qualified property acquired between September 27, 2017, and before January 1, 2023.
Taxpayers generally want to take as much depreciation expense as possible in the earliest possible years due to the time value of money.
The time value of money states that 1 dollar today is worth more than 1 dollar tomorrow, so 1 dollar saved today is worth more than 1 dollar saved tomorrow. That means that taxpayers will want to decrease their taxes as much as possible and as soon as possible.
Timely, you can’t get a successful job that quick right after highschool
