1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
HACTEHA [7]
1 year ago
15

When the enacted tax rates change, deferred tax assets and liabilities are revalued and the resulting amount of the adjustment i

s reflected in which account(s)?
Social Studies
1 answer:
Marianna [84]1 year ago
3 0

When the enacted tax rates change, deferred tax assets and liabilities are revalued and the resulting amount of the adjustment is reflected in operating income accounts.

An accounting term known as operating income measures the amount of profit made from a company's operations after operating costs like salaries, depreciation, and cost of goods sold have been subtracted (COGS). Operating income refers to the adjusted revenue of a corporation after all expenses of operation and depreciation are deducted. The costs incurred to maintain the operation of the business are known as operating expenses. Analysts and investors can drill down to examine a company's operating performance by removing interest and taxes from operating income, which is synonymous with operating profit.

Total Revenue - Direct Costs - Indirect Costs equals operating income.

Learn more about operating income here:

brainly.com/question/14286073

#SPJ4

You might be interested in
What is a birthrate?
sergij07 [2.7K]

Answer:

4. The number of live births each year per 1,000 people.

3 0
2 years ago
Read 2 more answers
What actions did the colonists take in response to the Stamp Act?
aleksklad [387]
The colonists were not at all happy at the way Stamp Act was forced on them without taking their consent. The tax was being taken by the Britishers to support their wars in North America. The colonists not only debated about this tax in colonial legislature, but also distributed written documents against the act. Mob or crowd action against the tax collectors was another way of protesting against the tax. Colonists were so angry that they even tar and feather the tax collectors. This ways were all to indicate their anger towards implementation of the Stamp Act.
3 0
3 years ago
What is the maximum amount of time a person can serve as president?.
labwork [276]

Answer:

8 years

Explanation:

4 years per each term. They can only serve 2 terms.

5 0
2 years ago
Which statement is FALSE?
fgiga [73]

Answer:

is going to be A.

Explanation:

3 0
3 years ago
A viewer was asked how they felt about the Super Bowl halftime show. The viewer did not actually watch the halftime show, but di
Contact [7]

Answer: The two step flow of communication

Explanation:

6 0
2 years ago
Other questions:
  • Are there still patriots now?
    10·2 answers
  • would the Color of your sample tell me with certainty that you have an authentic gold sample and not iron pyrite.
    11·1 answer
  • During which stage did erikson believe that adults seek someone with whom to share their lives in an enduring and self-sacrifici
    12·1 answer
  • A command economy usually results in
    15·1 answer
  • Last national hero of nepal
    7·2 answers
  • Thinking that members of a particular group are unfriendly, we may act toward them in a guarded manner. as a result, we may elic
    6·1 answer
  • Which of these is a sign of inflation? (5 points)
    15·2 answers
  • Are all Americans equally able to become engaged in government? What factors make it possible for some people to become more eng
    5·1 answer
  • Technology help to cause the Industrial Revolution explain the effects of the Industrial Revolution on our society today you nee
    13·1 answer
  • What are the main causes of social problem​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!