Answer:
The correct answer is letter "A": none of the above.
Explanation:
The safe-harbor law is a regulation that helps defendants to be found not liable on certain situations under certain conditions where according to strict law they were to be responsible. Most of the time, in cases where the law is so unclear or unknown, defendants can be subject to the safe-harbor provision for their liabilities to be forgiven.
The answer is B. the cost of producing the second good or service increases.
If the public holds money, supply does not change, however, bank reverse will decrease, option C is correct.
<h3>What is Money Supply?</h3>
In simple terms, it can be defined as the total amount or volume of money in public or the volume of money in possession of the public.
When the bank holds a large amount of money than the public, the money in circulation will decrease.
Learn more about Money Supply here:
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Answer:
before tax 305,500
tax expense 48,880
after tax 300,620
Explanation:
income from continuing operations of 319,000
Capital gain 33,500
understatement of 2016 income 20,000
loss on available-for-sale securities. (58,800)
discontinued operations <u> (8,200) </u>
Total other comprehensive income 305,500
tax expense 16% <u> (48,880) </u>
net 300,620
We will list each transaction, notice the understatement of 2016 income means the company recognize a lower income than it should, so we increase the other comprehensive income.
