Howard Co.'s 2018 income from continuing operations before income taxes was $297,000. Howard Co. reported before-tax income on discontinued operations of $57,000. All tax items are subject to a 38% tax rate. In its income statement for 2018, Howard Co. would show the following line-item amounts for income tax expense and net income:a. $ 213,600 and $ 117,600 respectivelyb. $ 356,000 and $ 318,800 respectivelyc. $ 117,600 and $ 213,600 respectivelyd. $ 232,000 and $ 269,200 respectively
Answers: 3
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
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Business, 22.06.2019 14:00
Which of the following would be an accurate statement about achieving a balanced budget
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Business, 22.06.2019 19:40
When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?
Answers: 1
Business, 22.06.2019 21:00
Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.
Answers: 2
Howard Co.'s 2018 income from continuing operations before income taxes was $297,000. Howard Co. rep...
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