Answer:
the answer is b
Explanation:
That’s the answer, I hope this was helpful. Have a great day!
Awareness is currently at 77%, or.77. Over time, awareness diminishes by 33% annually, so in the absence of extra promotional spending, next year’s awareness would be calculated as.77 *.66 (which is two-thirds of 77%). An expenditure of one million dollars would boost awareness by 26%, resulting in an awareness level of 0.77 * 1.26. To determine next year's awareness: 77% times (1.26 -.33) equals.77 * 0.93, giving us.716, or 71.6%.
Answer:
Both price and quantity rise
Explanation:
The reduction in soda prices boosts soda demand. As moviegoers typically enjoy popcorn along with their drinks, this spike in soda demand can lead to increased demand for popcorn, thereby raising both its price and quantity.
Response:
To begin with, let's clarify current and deferred taxes;
Current Tax - The amount of Income Tax that needs to be paid based on taxable income during a specific timeframe.
Deferred Tax - This refers to taxes resulting from timing discrepancies. The gap between tax expenses (calculated based on accrual) and the current tax liability for a given period in accordance with Federal Income Tax Law defines deferred tax, whether it manifests as an asset or liability. This leads to the formulation: Tax Expenses + Current Tax + Deferred Tax.
Following these explanations, the resolution to the question is provided below:-
Details Amount
Income for the Current Year as per financial records $ 48,000
Taxable Income for the Current Year according to Income Tax Regulations $ 38,000
Tax Payable for the Current Year based on Federal Income Tax Regulations $ 5,600
Tax Due for the Current Year according to financial records $ 7,600
Deferred Tax Asset to record in the financial ledgers $ 2,000
Tax Rate applicable for recording Deferred Tax Asset in the financial ledgers = 20%
