Answer:
Option (D) is correct.
Explanation:
In United states:
Can produce 25 tons of steel or 250 automobiles,
Opportunity cost of producing a ton of steel = 250 ÷ 25
= 10 automobiles
Opportunity cost of producing 1 automobile = 25 ÷ 250
= 0.1 tons of steel
In Japan:
Can produce 30 tons of steel or 275 automobiles,
Opportunity cost of producing a ton of steel = 275 ÷ 30
= 9.17 automobiles
Opportunity cost of producing 1 automobile = 30 ÷ 275
= 0.11
Therefore,
United States has a comparative advantage in producing automobiles because the opportunity cost of producing automobiles is lower than the Japan.
Japan has a comparative advantage in producing steel because the opportunity cost of producing steel is lower than the United states.
Papal was the first secure payment intermediary allowing anyone to pay with credit cards and bank accounts without sharing his or her financial information for online purchases.
A bank is a financial institution that has the authority to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks.
The function of banks is to collect deposits from the public and lend them for the development of agriculture, industry, commerce, and commerce. Banks pay interest to depositors at lower interest rates and receive interest on loans at higher interest rates.
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World trade organization member countries account for approximately 80-95% of world trade. Its three main functions are:
-Forum for negotiation
-Administration
-Dispute Settlement
To sum it up, World Trade Organization sets the rules, allows countries to talk, and has process for actually resolving problems.
Answer:
Robinson's deferred income tax expense or benefit for the current year would be $6,700
Explanation:
The computation of the deferred income tax expense or benefit for the current year is shown below:
= Deferred tax expense - adjustment of tax based on the tax rate
where,
Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate
= ($50,000 - $20,000) × 21%
= $6,300
And, the adjustment of tax equals to
= Net taxable temporary difference × (Tax rate - corporate tax rate)
= $100,000 × (34% - 21%)
= $13,000
Now put these values to the above formula
So, the value would equal to
= $6,300 - $13,000
= $6,700
Answer:
landlord´s responsibilities:
- working appliances: repair or replace broken appliances, unless tenant is responsible because they didn't use them properly
- removal of bedbugs: the owner must provide warranty of habitability, so any type of bedbugs, or other insect or animal infestation should be eliminated.
- fixing locks and windows: repair or replace broken locks or windows, unless tenant is responsible because they didn't use them properly
tenant's responsibilities: (besides paying the rent)
- working appliances: the tenant must operate appliances in a reasonable manner
- basic housecleaning: the tenant is responsible for keeping the house clean and removing garbage
- fixing locks and windows: the tenant must use them in a reasonable manner