At the beginning of 2021; Elephant, Inc. had a deferred tax asset of $20,000 and a deferred tax liability of $30,000. Pre-tax accounting income for 2021 was $1,500,000 and the enacted tax rate is 20%. The following items are included in Elephant's pre-tax income: Interest income from municipal bonds $132000
Accrued warranty costs, estimated to be paid in 2022 $272000
Operating loss carryforward $202000
Installment sales profit, will be taxed in 2022 $142000
Prepaid rent expense, will be used in 2022 $66000

What is Cullumber, Inc.’s taxable income for 2021?

a. 1350000
b. 2434000
c. 1620000
d. 1890000

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36