Hardy welders inc. had purchased a machine at the beginning of year 1 for $2,000,000. the machine has a useful life of 10 years and a book value of $1,800,000 at the beginning of year 2. hardy depreciates the machine on a straight line basis for financial reporting purposes but fully depreciates it on the date of purchase for tax purposes. hardy pays taxes at a rate of 25%. hardy’s year 2 balance sheet should include a deferred tax liability of:

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.