Answer:
the correct answer is lower
Explanation:
For a consumer with a given level of income, the combinations of goods for the budget constraint will be lower than for the budget set.
good luck
<span>A.) Jessica is low risk and will pay her outstanding balances on time.</span>
Answer: Increased it's product mix width.
Explanation:
The product mix width of a company is the number of product lines a company has for sale in the market.
The product line of a company are individual but related products a company has for sale.
An example of product lines of a company could be a company producing: refrigerators, air conditioners and stabilizers. The company in this example would have a product mix width of three.
Answer:
The best overall price will be the bank offer because the cash disbursement are lower. Zara is looking for the cheapest overall price, which means the less cash disbursement regardless of the interest.
Explanation:
For the dealer option we need to calculate the cuota for an annuity of 66 month at 1.9% rate which a present value of 24,145 - 4,000 = 20,145
The cuota for the dealer will be 321.69447 = 321.69
321.69 x 66 = 21231.54 overall cash price
Bank couta will be the annuity of 48 months at 3.50%
here we are using the cash rebate so 24,145 - 4,000 - 750 = 19,395
Cuota from the Bank 431.01181 = 431.01
431.01 x 48 = 20688.48 overall cash price
Answer:
Deferred Tax Asset:
The amount of taxes that is paid or carried forward but not yet identified in the income statement is referred as deferred tax asset
Journal Entries:
Debit: Income Tax Expense (balancing amount) = 812,500
Debit: Deferred Tax Asset = 87,500
Credit: Income Tax Payable = 900,000
- Income tax expense reduces the stockholders. equity. Hence, debit income tax expense with $812,500
.
- Deferred tax asset is an asset and is increased by $87,500. Therefore, debit deferred tax asset account with $87,500.
- Income tax payable increases the liability by $900,000. Therefore, credit Income tax payable account with $900.000.
Working note:
Determine the amount of deferred tax asset.
Deferred tax asset = Rent collected in 2021 × Enacted tax rate
Deferred tax asset = $350,000 × 25%
Deferred tax asset = $87,500
Determine the amount of income tax expense.
Income tax expense = Income tax payable — Deferred tax asset
Income tax expense = $900,000 = $87,500
Income tax expense = $812,500
