1. How land is used in cities – URBAN FORM
2. A situation in which resources are being used up
at a faster rate than they can be replaced – UNSUSTAINABLE DEVELOPMENT
3. A situation in which more people live in an area
than the area can provide services for – OVER-URBANIZATION
4. The increase in the population of a city – URBANIZATION
5. An area's ability to meet its needs without
reducing its ability to meet its future needs – SUSTAINABLE DEVELOPMENT
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation expense instead of the correct depreciation expense of $50,000. The tax rate for the current year was 35%.
We need to calculate two different impacts:
Accumulated depreciation= actual depreciation - original depreciation
Accumulated depreciation= 50,000 - 75,000= 25,000 overstated
Now, the effect on income:
Savings in tax= 25,000*0.35= $8,750
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