Answer:
$17,820,000
Explanation:
The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period
Taxable income for 2021 = $66million
Enacted or current tax rate for 2021 = 27%
Current portion of income tax expense for 2021 = Taxable income x current tax rate = $66 million x 27% = $17,820,000million
Hence Current portion of income tax expense = $18 million
Answer:
C. Land
Explanation:
Input is any commodity used in the manufacturing of other products. Factors of production are the inputs or resources used in the production of other goods and services. They include land, capital, labor, and entrepreneurship.
From the list provided, the only the factor of production is land. In economics, land refers to the fertile fields used in agricultural production. It also refers to space where commercial buildings, factories, and businesses are set up. Land also includes natural occurring resources and minerals such as oil, natural gas, and precious stones.
Answer:
The types of information could you collect to monitor potential political “trouble spots” around the world involves having a keen observation of various countries with the following:
1. Communism or Totalitarianism style of governance
2. Low General Standard of Living
3. Few Resource level and control of resources by the few such as Oligarchy
4. High unemployment rate
5. Low Literacy status
6. High Inflation rate
7. Political instability
8. Increased population expansion rate
9. Wide-ranged income unevenness
