Answer:
$3,500 and deferred tax liability
Explanation:
The computation of the deferred tax is shown below:
= Service performed × tax rate
where,
Service performed is $10,000
And, the tax rate is 35%
Now placing the values
The amount of deferred tax is
= $10,000 × 35%
= $3,500
This amount reflect the deferred tax liability
We simply multiplied the service performed amount with the tax rate so that the deferred tax could come
Answer:
d. Commercial paper
Explanation:
-Short-term bank loans is a loan that has to be paid back in a year.
-Factoring is when a company sells its accounts receivable to another company at a cheaper price.
-Trade credit is a credit that a supplier gives to its clients to make the payments later.
-Commercial paper is a promissory note used by companies to get money to cover short-term liabilities and has a period of time of up to a year.
According to this, the answer us that the short-term financing option that is being offered by Juxipi Inc. in the given scenario is commercial paper.
The answer is that the person is known as "decider".
<span>There are many people present in an organization or company who are involved in the purchase decision, these people together makes a buying center. In buying center all those people have their own roles and are known as according to their roles. such as, purchasers, users, initiators, evaluators etc.</span>
<span>When estimating using money for a purchase, you should </span>estimate up to the nearest dollar or half dollar .
Answer:
The predetermined overhead allocation rate is $2.5 per machine hour
Explanation:
Predetermined overhead allocation rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is allocated. It is a rate at which the overhead is allocated to a product / project/ department.
Predetermined overhead allocation rate = Expected overhead / Expected activity
Predetermined overhead allocation rate = Expected overhead / Expected machine hours
Predetermined overhead allocation rate = $15,000 / 6,000 machine hours
Predetermined overhead allocation rate = $2.5 per machine hour.
