"at the beginning of 2018; carla vista, inc. had a deferred tax asset of $17500 and a deferred tax liability of $27500. pre-tax accounting income for 2018 was $145 and the enacted tax rate is 30%. the following items are included in carla vista’s pre-tax income: interest income from municipal bonds $115000 accrued warranty costs, estimated to be paid in 2019 $255000 operating loss carryforward $185000 installment sales profit, will be taxed in 2019 $125000 prepaid rent expense, will be used in 2019 $57500 which of the following is required to adjust carla vista, inc.’s deferred tax asset to its correct balance at december 31, 2018? "a. a credit of $99200b. a credit of $79600c. a debit of $85200d. a debit of $79600

Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is

At fenway park, home of the boston red sox, seating is limited to 38,000. hence, the number of tickets issued is fixed at that figure. the following graph shows the demand and supply for red sox tickets. use the graph input tool to you answer the following questions. you will not be graded on any changes you make to this graph. 0 38 76 100 90 80 70 60 50 40 30 20 10 0 price of tickets quantity of tickets (thousands) demand supply graph input tool market for tickets price 10 quantity demanded (thousands of tickets) 68 quantity supplied (thousands of tickets) 38 tax on buyers 0.00 seeing a golden opportunity to raise revenue, the city of boston levies a per ticket tax of $5 to be paid by the ticket buyer. boston sports fans, a famously civic-minded lot, send in the $5 per ticket. true or false: the entire tax burden falls on the team’s owners because supply is perfectly inelastic. true false

About 300 billion dollars in taxes is lost in the united states alone due to an underground economy, which involves paying individuals cash rather than having them on the official payroll