North dakota corporation began operations in january 2017 and purchased a machine for $14,000. north dakota uses straight-line depreciation over a four-year period for financial reporting purposes. for tax purposes, the deduction is 60% of cost in 2017, 20% in 2018, and 20% in 2019. pretax accounting income for 2017 was $144,000, which includes interest revenue of $17,000 from municipal bonds. the enacted tax rate is 30% for all years. there are no other differences between accounting and taxable income. required: prepare a journal entry to record income taxes for the year 2017.

Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers. firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?

What are the uses of national income data