Answer:
Answer is option C, i.e. An increase in interest rates.
Explanation:
The SRAS curve is the graphical representation showing the relation between the production and price of a commodity in the aggregated market scenario.
The curve would shift to the left in the following situations:
- When there is a decrease in productivity.
- When there is an increase in the nominal wages of the labor.
- When there is an increase in the price of the commodities or raw materials that are used for production.
The interest rate change does not affect the shift of the SRAS curve, and therefore, the answer is option C.
Answer:
Buyer
Explanation:
It will be completed by the buyer. This is because after the seller has indicated the potential defects and problems that could potentially affect the value of the property, the onus lies on the buyer to complete the form from his findings too in that regards.
Answer:B. Amanda must advise Sean and Dianne promptly of the inaccuracy and the consequences provided by Internal Revenue Code and Regulations.
Explanation:
Sean and Dianne have probably engaged Amanda at the end of the tax year and they are to face implications of the transactions as it relates to tax matters, Amanda is to provide them with legislation in relation to the matter to educate them in future tax transactions.
Answer:
Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet as a liability of $58,800
Explanation:
According to the given data Boze Music's only depreciable asset exceeded its tax basis by $147,000 and there is a rate of 40% thereafter.
Therefore, in order to calculate what amount Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet, we would have to make the following calculation:
deferred tax liabilty= $147,000×40%
deferred tax liabilty=$58,800
Boze should report the deferred tax effect of this difference in its December 31, 2021, balance sheet as a liability of $58,800
Answer: D) the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services
Explanation:
The profit is the difference between the income and the expenses as:
Profit = Income - expense
Income is money that one earn profit in their business and expenses are the money which we spend. And your total income is your revenue. And if the number is in positive value then, it makes profit. Therefore, (D) is the correct option.