Answer:
$11,250
Explanation:
Deferred tax asset = Warranty expense in excess of deductible amount * Tax rate
Deferred tax asset = $25,000 * 25%
Deferred tax asset = $6,250
Deferred Tax liability = Depreciation in excess of financial statement amount * Tax rate
Deferred Tax liability = $70,000 * 25%
Deferred Tax liability = $17,500
Non-Current deferred tax liability = $17,500 - $6,250 = $11,250
Hence, Fieval should report $11,250 as the deferred income taxes in its 2021 balance sheet
To start you need your hands. Go to the kitchen, walk over to the sink and turn on the water. Get your hands wet put some soap in them and rub them together. Now that your hands are rubbed clean, stick them under the running water and rinse them off. Turn off the water and dry your hands with a paper towel or a kitchen towel. Now that your hands are clean, prepare to make a peanut butter and jelly sandwich.
Now that you are already in the kitchen get out a plate or napkin, if you choose a plate choose a paper plate less dishes to do. Then you need to get the loaf of bread, open it up and take out your two slices of bread. Now that you have your two slices out, you can put back the rest of the loaf. Take your two slices and set them on the plate next to each other not on top of each other.
Now you need to find a knife. It has to be the right knife no steak knife for this job. You need a good old-fashioned butter knife that will be the utensil you need. I hope that you know where the knives are in your house, in a drawer with all the other silverware. Now that you found the butter knife, take it out and set it on the counter next to your plate.
After the knife, you need one of the most important items, the jelly. So now you need to go to the refrigerator and find which flavor you would like to use. Even though you might only have one or two choices (I mean it is your fridge not a grocery store). Grab your selection and bring it to the counter where your other items are. Now you open the jelly up then pick up the knife. Scoop some out onto one of the slices of bread, put down the jar and pick up the slice of bread with the jelly on it. Now spread the jelly
Answer: Option A
Explanation: Any person can become a principal having sufficient business but in order to become an agent of the principal one needs to have the capacity to contract on behalf of the principal.
In a principal agent relationship, the principal bounds the agent to act on his behalf. So, there is no legal contracts to become a principal but the acts of agent are legally bound to a certain extent.
Hence, option A is correct.
That seems true if its a true or false question
Answer:
cost of direct materials purchases 160,800
Explanation:
pounds required for production 54,000
desired ending inventory 2,800
total needs 56,800
beginning inventory (3,200)
units to be purchased 53,600
cost per unit of direct materials 3
cost of direct materials purchases 160,800
<u>Notes:</u>
The pounds for production and the ending inventory are the raw materials demand.
The beginning inventory is a portion we already have, so we need to purchase less.
Then, we multiply the pounds to be purchased by their cost to get the total cost for direct materials
