Answer:
$135million
Explanation:
The Deferred tax liability which isaac would report in its year-end 2021 balance sheet = Temporary difference for installment sales to be reversed in 2022, 2023, 2024 and 2025 * Tax rate
= ($120m + $120m + $150m + $150m) * 25%
= $540 million * 25%
= $135 million
When one group controls an industry or market by being the only provider, this is called MONOPOLY.
Mono - Greek monos means one or single
Poly - Greek polein means to sell.
Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.
Answer:
Yes, Omaha department store would be better off by $23000.
Explanation:
Given: Sales revenue= $350000.
Cost of goods sold= $280000.
Sales commission= $30000.
Fixed operating cost= $90000.
Now, computing net profit or (loss)
Net profit/loss= 
∴ Net profit/loss= 
⇒ Net profit/loss= 
∴ Net loss= 
∴ Yes boot department should be closed, as Omaha department store is better off by $23000.
Answer: $34,980.13
Explanation:
The amount that the company will spend 4 years from now is simply the future value of the amount that it can spend today.
The amount to be spent today is $20,000 so the amount to be spent 4 years from now is the future value of $20,000:
= Amount * (1 + rate) ^ number of years
= 20,000 * ( 1 + 15%)⁴
= $34,980.13
Answer:
D. $650
Explanation:
Given that
15 DVDs sold at $10 = $150
10 DVD player sold at $50 = 500
Therefore,
Nominal GDP this is the addition of the two goods produced, sold at market prices.
Thus
GDP = 150 + 500
= $650