Business, 20.12.2019 05:31, xmiice1981
Acompany produces at an output level where marginal revenue is equal to marginal cost and has the following revenue and cost levels:
marginal cost curve intersects the average variable cost curve at $150.
marginal cost curve intersects the average total cost curve at $200.
marginal cost curve intersects the marginal revenue curve at $170.
what would you suggest this firm should do in the short run?
the firm should continue to produce at a profit level of $20 per unit.
the firm should continue to produce at a profit level of $30 per unit.
the firm should continue to produce at a profit level of $50 per unit.
the firm should shut down.
the firm should continue to produce at a loss.
Answers: 2
Business, 22.06.2019 08:40, Damagingawsomeness2
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
Business, 22.06.2019 15:20, babyduck0664
Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."
Answers: 3
Acompany produces at an output level where marginal revenue is equal to marginal cost and has the fo...
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