Answer: A. Had major expenses in the first year.
Explanation: It just makes sense and it’s also correct
Answer:
$87,120
Explanation:
The calculation of the deferred tax asset for the NOL carryforward is given below:
= (Year 2021 loss - Year 2022 income) × tax rate applicable for all years
= ($600,000 - $358,000) × 36%
= $242,000 × 36%
= $87,120
Since in a year 2021 it is a loss and the income in year 2022 that is to be adjusted and the same is considered in the computation part
Hence, the deferred tax assets for the NOL carryforward is $87,120
Answer:
d) 216
Explanation:
We need to equate the value of 12th payment and t^th payment through the below formula.
=> 1000*(1+8%)^[(t-12)/12] =3700
=> (1.08)^[(t-12)/12] =3.7
=> [(t-12)/12] =17
=> t=216
Answer: The General offers automobile insurance online. Buyers can purchase a policy over the Internet and the company will provide immediate proof of insurance to get legal drivers on the road quickly.
This shows how electronic commerce contributes to customer value through the creation of <u>new facilities that save time and money, making the insurance system much more efficient and faster, resulting in greater comfort for customers.</u>
