<span>The correct answer is once a month. You should typically monitor your checking account one a month by balancing it. You can balance your account by adding all of your deposits to the beginning balance and subtracting all the subtotal's checks made.</span>
Answer:
It does not agree.
Explanation:
The company expects to earn ROCE higher than the required rate of return. If this is to be achieved, the company must trade at a premium value in the share market. But as the current price-to-book ratio indicated that the market value is lower than the book value, this indicate that it is a Buy position as the share is undervalued. Therefore, it does not agree with the company's recommendation.
Answer: $480,000 is the taxable income for year 5 reported by Paring report.
Given:
Pretax financial income = $550,000
Current tax expense = $144,000
Effective income tax rate is 30%
Taxable income is computed as :
Taxable income = Tax expense ÷ Current tax rate
Taxable income = $144,000 ÷ 30%
<u><em>Taxable income = $480,000</em></u>
The major factor that depends upon the elasticity for a product would be the nature of the product, availability of substitute, income level, level of price, postponement of consumption, number of uses, share in total expenditure, time period and habits.
