Answer:
b.$0
Explanation:
As we know that
When there is a temporary discrepancy between financial income and taxable income a deferred tax benefit or liability occurs. Temporary difference means an benefit or cost with respect to treatment that has just a timing gap.
Moreover, the Premium on officer's life insurance is tax deductible i.e $15,000 as it is paid by the company due to which difference arise between the financial and taxable income.
And,
Interest received on municipal bonds $20,000 are mostly exempt from federal income tax.
Therefore, it shows no such difference as it indicates the permanent difference
Answer:
the opportunity cost of attending college for one year is $33,000
Explanation:
The computation of the opportunity cost is shown below:
= Full time job + health and retirement benefits
= $20,000 + $5,000 + $8,000
= $33,000
hence, the opportunity cost of attending college for one year is $33,000
We simply added the above 3 items so that the correct value could come
And ignored the college tuition fees
Answer:
The three main ways that magazines make money are circulation and subscription, classified advertising and print advertising.
Explanation:
Answer:
Fiscal policy is the manner in which a state changes its degrees of consumption and duty rates to track and effect the economy of a country. It is the financial arrangement approach by which a national bank influences the cash supply of a country.
Part a)
It is an operational slack on the grounds that the new venture will be taking two years to be done and the period between the purpose of execution of an approach or methodology and the moment that it starts to take sway is called operational slack.
Part b)
It is an acknowledgment slack in light of the fact that the government officials are making time for taking a move against expansion and the acknowledgment slack is the deferral in time between the events of a stun in economy.
Part c)
It is an authoritative slack since it requires some investment for the legislators to perceive the issue of downturn until the bill improvement is at last endorsed and the time interim between perceiving an issue and making a move to manage or resolve it is called a managerial slack.
Part d)
It is an operational slack in light of the fact that a year is spent by the government offices spend for building up a lot of guidelines and the period between the purpose of usage of an arrangement or method and the moment that it starts to take sway is called operational slack.
