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A Ltd holds a 60% interest in B Ltd.A Ltd sells inventory to B Ltd during the year for $10 000.The inventory originally cost $7 000.At the end of the year 50% of the inventory is still on hand.The tax rate is 30%.The NCI adjustment required in relation to this transaction is a debit of:
Labor Supply
The total hours of work that workers are willing and able to provide at a given wage rate in a certain period.
Unit Elastic
Describes a supply or demand curve where a given percentage change in price causes an equal percentage change in the quantity demanded or supplied.
Elasticity of Labor Supply
A measure of how the quantity of labor supplied changes in response to changes in wages or salaries.
Payroll Tax
A levy placed on either employees or employers, typically determined as a fraction of the wages employers distribute to their workers.
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