Management
Question:
Which of the following is an example of accountability? A powerful interest group lobbies on behalf of sending more support to a country it favors. The leader of a country starts a war to distract attention from his or her government’s struggles. After a country declares war, public support for the government rises sharply. The military pushes for more defense funding for troops in the field. The leader of a country that was unsuccessful in war loses the next election.
Economics
Question:
At the beginning of 2012; Elephant, Inc. had a deferred tax asset of $8,000 and a deferred tax liability of $12,000. Pre-tax accounting income for 2012 was $600,000 and the enacted tax rate is 40%. The following items are included in Elephant’s pre-tax income
Economics
Question:
Deferred tax amounts that are related to specific assets or liabilities should be classified as current or non current based on
Economics
Question:
Just struggling with this question, just looking for a quick demonstration on how to go about answering it.  Suppose that Sally’s preferences over baskets containing food (good x), and clothing (goody), are described by the utility function U(x, y) = √x+y. Sally’s corresponding margina lutilities are, MUx =1(over)2√x and MUy = 1 . Use Px to represent the price of food, Py to represent the price of clothing, and I to represent Sally’s income Find Sally’s food demand function, and Sally’s clothing demand function.For the purposes of this question you should assume that I/Py ≥ Py/4Px.
Macroeconomics
Question:
3.4 Which of the following products are most likely to have significant network externalities? Briefly explain. a. Tablet computers b. Dog food c. Board games d. LCD televisions e. 3D televisions
Economics
Question:
Tax rates other than the current tax rate may be used to calculate the deferred income tax amount on the balance sheet if
Economics
Question:
Ferguson Company has the following cumulative taxable temporary differences: 12/31/13 12/31/12 1,800,000 1,280,000 The tax rate enacted for 2013 is 40%, while the tax rate enacted for future years is 30%. Taxable income for 2013 is $3,200,000 and there are no permanent differences. Ferguson’s pretax financial income for 2013 is
Macroeconomics
Question:
1.9 Alfred Chandler, who was a professor at the Harvard Business School, once observed: “Imagine the diseconomies of scale—the great increase in unit costs—that would result from placing close to one-fourth of the world’s production of shoes, or textiles, or lumber into three factories or mills!” The shoe, textile, and lumber industries are very competitive, with many firms producing each of these products. Briefly explain how Chandler’s observation helps explain why these industries are competitive.

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