Answer:
Explanation:
The journal entry is shown below:
Income tax expense A/c Dr $30,035,000
To Deferred tax asset A/c $35,000
To Income tax payable A/c $30,000,000
(Being the income tax expense is recorded)
The computation is shown below:
For deferred tax asset:
= Deferred tax rate - Warrant liability × tax rate
= $435,000 - $1,000,000 × 40%
= $435,000 - $400,000
= $35,000
For income tax payable:
= Taxable income × tax rate
= $75,000,000 × 40%
= $30,000,000
3300 units of q - drive.
To get the break even units of q drive you need to get the weighted average contribution margin of the two products
To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.
Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%
the wacm=$81
then divide the fixed cost by the wacm
$891000 / $81=11000 units
then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units
11000 units*30% =3300 units.
Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.
<h3>What is counterfactual thinking?</h3>
Counterfactual thinking is done when an individual needs alternative methods or way to do a thing that has been done.
The initial method may not be as productive as the individual expected.
This will make an individual think of all the factors that may have hindered the desired result.
Therefore, Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.
Learn more on Counterfactual thinking below
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The answer is: income per capita
Income per Capita is calculated by dividing total earnings in a certain area with the number of population in that area. This number measures the amount of money that can be used for consumption on average. Higher income per capita indicates that the area has higher standard of living.
