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Calculate FinCo's Net Income For Tax Purposes from business income based on the following set of facts:
Revenues from sales $200,000
Expenses:
Salaries $120,000
Depreciation 8,000
Financing Fees 10,000
Meals & Entertainment 1,000
Net Income before tax $61,000
Tax Expense $10,000
Net Income $51,000
CCA $12,000
8 year old son earns $50,000 for odd jobs, would cost approximately $10,000 to hire someone else.
If I have a demand shifting factor that impacts the equilibrium price and quantity what happens to the industry?
Determine what fiscal policy measure has a more direct impact to the economy - Is it an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month? Explain your reasoning.
Explain why purchasing power parity measures of income levels tend to show smaller differences between poor and rich country
Marketing communications has evolved significantly in the past some years. There are so many different ways to communicate from PR to Lead Generation, Advertising to Direct Mail. At times, the types of communications to end users, leveraging various ..
Economic surplus could be increased at a higher price because firms would generate more revenue.
Discuss the differences between the short run and long run from the perspective of producers and form the perspective of consumer.
Suppose that the equilibrium price in the market is $10. If the current market price is $7.50:
Graphically show and verbally argue that a Walrasian equiblirium in an economy is Pareto efficient as long as preferences are locally non-satiated. How about convexity? ?s it important for this theorem to hold ?
Who was Ibn Rushd? When did Ibn Rushd lived? Where?
Suppose a person has $8 to spend only on apples and bananas. Apples cost $.04 each and bananas cost $.01 each. Furthermore, his preferences for apples (A) and bananas (B) can be represented by U = the square root of AB. Graph the indifference curve ..
If you turn this measure of cost around, illustrate what is the prospect cost of cheese in liters of milk per gram of cheese.
“Equal pay for work of equal value” is a commonly held goal, but “equal value” is hard to define. What would be the consequences of legislation that enforces equal pay for what turns out to be work of unequal value?
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