Answer:
D. $19 million
Explanation:
The computation of the deferred tax liability for three years is shown below:
Total depreciation would be $60 million
For each year it would be = $60 million ÷ 3 years = $20 million
For the first year, it would be
= $20 million × 35%
= $7 million
For the second year, it would be
= $20 million × 30%
= $6 million
the first year, it would be
= $20 million × 30%
= $6 million
So, the total would be
= $7 million + $6 million + $6 million
= $19 million
You believe your restaurant concept can generate $50,000 in net profit per year. Your investors demand at 20% return on investment. How much can you invest?
If your business generates $50,000 in net profit and the investors demand 20% return on investment to solve for how much the investors will get and how much you can invest follow the steps below:
How much the investors will get in return on investment (ROI):
($50,000)(20%) = $10,000 is what the investors will receive
How much can you invest:
$50,000 - $10,000 = $40,000 is what you can invest
An organization that offer goods and services to customers to earn a profit are known as, for profit organizations. A for profit organization is a organization that has a goal to earn profit from their customers.
Answer: $250
Explanation:
From the question, we are told that Elmo Johnson was late on his property tax payment to the county and that he owed $7,500 and paid the tax four months late.
We are further told that the county charges an annual penalty of 10%. The amount of the penalty for the four-month period goes thus:
Annual penalty = 10% × $7500
= 0.1 × $7500
= $750
Since he is four months late and there are twelve months in a year, this will be:
= $750 × 4/12
= $750 × 1/3
= $750/3
= $250
The money multiplier can be used as an expansionary and also an expansionary tool by a given government.
<h3>What is an expansionary tool?</h3>
As an expansionary tool, the money multiplier may be used to increase the amount of money supply that is in an economy. This would cause the interest rates to be low so that people would not have much benefits from saving their money.
<h3>As a contractionary tool</h3>
The money multiplier can be used to reduce the amount of money that is in circulation in a given economy. This would make people want to save more money in the bank because the interest rate is going to be raised.
Read more on the money multiplier here: brainly.com/question/13923879
#SPJ1
