Calculate the deferred tax liability given the

Mathematics

1 answer:

zheka24 [161]3 years ago

5 0

From the calculation below, the deferred tax liability in 2020 would be $369.60.

<h3>How do we calculate the deferred tax liability?</h3>

This can be calculated as follows:

Taxable income = Accounting Income + Deprec1at1on Expense + Accrued Bonuses in 2020 - Tax Depreciation - Income Not Recognized InThe Current Period For Tax Purposes - 2019 Bonus Paid in 2020

Taxable income = $86,000 + $6,500 + $3,500 - $ 4,000 - $4,700 - $2,620 = $84,680

Deferred tax liability = (Accounting Income - Taxable income) * Tax Rate = ($86,000 - $84,680) * 28% = $369.60

Learn more about deferred tax liability here: brainly.com/question/27112535.

#SPJ1

You might be interested in

David drove 236 miles in 4 hours. On average how fast did he drive, in miles per hour?

Kay [80]

David drove at about 59 mph!

4 0

3 years ago

Help help help help help help help

Oduvanchick [21]

X is around 8.66666666, so you could possibly but that in fraction form like 8.666666/1 (8.6 repeating) and put it over one. I hope this helps!

7 0

3 years ago

Read 2 more answers

What is cos 30? this is geometry

nirvana33 [79]

So the definition of the cosine of an angle of a right triangle is $\frac{adjacent}{hypotenuse}$ . You may remember this by SohCahToa (sine is opposite over hypotenuse, cosine is adjacent over hypotenuse, tangent is opposite over adjacent).

Remember, adjacent refers to the side next to the angle in question, and the side can't also be the hypotenuse. The hypotenuse is that longest side and is opposite the right angle.

We have the cosine of 30°. We write

$\cos(30)= \frac{adj}{hyp} = \frac{ \sqrt{3}}{2}$

8 0

3 years ago

Read 2 more answers

Check out attachment:) I don't understand how do you find out the length ?? pls help with explanation thx

hjlf

Answer:

x=3.89

Step-by-step explanation:

I'll go in depth for you.

Before we figure out what we do, let understand what we know about this triangle.

We know that both triangles have a angle that measure 27°.
We also know EH=5
FG=9
ZG=7
We need to know how to find EZ

Notice how line EG and HF intersect at Angle Z. We know that if two lines intersect at an angle, it form angles called vertical angles. This means that the two angles that are vertical to each other are congruent.

This means that angle Z in both triangles both measure the same.

Now since both triangles have 2 congruent corresponding angles, we can say that the Triangles are Similar due to the Angle-Angle Postulate.

"If two corresponding angles of two triangles are congruent, then the two triangles are similar."

What is mean when Triangles are similar? 

It means that the similar triangles corresponding angles are equal and their sides are in proportion.

The corresponding sides are 

EH and GF

EZ and ZG

HZ and HF.

Our proportion formula for similar triangles is 

Any two sides of the first triangle divided by each other must equal the two corresponding sides of the second triangles divided by each other respectively.