Answer:
(B) A noncurrent liability of $4,000
Explanation:
The non-current liability in respect of deferred tax shall be recognised in the accounts of Bren Co. as at December 31 as follows:
Deferred income tax liability related to non-current assets= $15,000
Deferred income tax asset related to non-current liability = ($3,000)
Deferred income tax asset related to current liability = ($8,000)
Deferred income tax liability to be recorded at year end = $4,000
So based on the above discussion the answer is (B) A noncurrent liability of $4,000
Geographic information systems (gis) can be used by the retailer for all of the following except: c. establish sales budgets.
Geographic information systems is a type of database containing geographic information, combined with software tools for dealing with, studying, and visualizing the ones information.
A Geographic records device (GIS) is a computer gadget that analyzes and presentations geographically referenced facts. It uses records that is attached to a completely unique area. maximum of the data we have about our international contains a region reference.
Learn more about Geographic information systems here:brainly.com/question/13210143
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Answer: .B. has a large dead weight loss
Explanation:
The labor market basically has two forces pulling against each other, we have firms who demand labor and we have workers who are Suppliers of labor. Firms will want to hire more labor at a lower wage price while more workers will want to work when the wage price is higher as the law of supply stipulates
The law of supply states that more is supplied at a higher price, now using the same law on the supply of labor we conclude that more labor will be supplied at a higher Wage which represents Price. A Labor Market is equilibrium when Quantity Demanded Equals Quantity Supplied. Elasticity measures the sensitivity of Demand or Supply to Price Changes. The amount of Change in the Quantity supplied or demanded depends on how elastic the demand or supply is to wage Price changes
When Supply Curve is highly elastic means a small change in wage price will have a huge impact on the Total amount Labor supplied. When government imposes Tax on labor, The Wage price will decrease and workers will now earn a wage net of tax,
The Supply curve is highly elastic meaning a small decrease in wages caused by a tax imposed on labor will only lead to a huge decrease in the quantity of labor supplied because more people will choose not work. The tax imposed on labor creates a huge dead weight loss in the labor market because the market is no longer in equilibrium. The Quantity of labor supplied is far less than the quantity of labor demanded.
Answer:
Differential cost of producing Product C = $0
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
$
Sales revenue after the split off point (Product C) 58
Sales revenue at the split-off point (Product B <u> 33</u>
Additional sales revenue per unit 25
Further processing cost <u> (25)</u>
Differential cost of Product C <u> 0</u>
Differential cost of producing Product C = $0
<em>
Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost</em>
Answer:
It will take 14.2 months before Helen pays off the card.
Explanation:
PV Ordinary Annuity = C*[(1-(1+i/100)^(-n))/(i/100)]
C = Cash flow per period
i = interest rate
n = number of payments
250= 20*((1-(1+ 21/1200)^(-n*12))/(21/1200))
n(in years) = 1.19
Months = years*12 = 1.19*12 = 14.2 months
