The correct answer is A) $392,000.
The amount should be reported in its 2015 income statement as the current portion of its provision for income taxes is $392,000.
To get this number you have to do the correct multiplication. You take the taxable income and multiply it by the enacted tax rate of the year 2015. So it is $1,400,000 x .28 (that is the 28%. The resulted number is $392,000.
This is how the corporation has to prepare the reconciliation for its first operation year.
The other options of the question were B) 560,000. C) 504,000. D) 720,000.
Keeping the website design simple and not too complex will increase the understandability of the website design.
<u>Explanation:</u>
There are certain factors that should be kept in mind while designing a website. Those factors are Keep the design of the website simple. Cramming too much into the design of each page creates confusion. Make a good impression.
The owner of the website should Provide intuitive navigation. Be consistent Choose your colors carefully to make the design of the website look attractive. Make your website responsive Develop for multiple browsers. Check your website for errors
Answer:
The company should hire 2 min in television and 3 min in radio.
Explanation:
This is a maximization problem. The first thing to do is to set the main equation given and to define the constrainsts. In this case the constraints are: 3x+1y ≤ 10, x ≥ 0, y ≥ 0 x and y are integers (since you only can hired entire minutes). An interation process with possible x,y combinations is the proper approach. If you do not use solver (Excel microsoft), you have to prove every x,y possible combination and visually identify the max outcome for revenues
Answer: The accounts receivable turnover is computed using the formula below: Net credit sales divided by Average accounts receivable
Explanation: The accounts receivable turnover ratio is a measure used to quantify a company's effectiveness in managing its receivables collections or amount owed by clients. The following steps are involved in calculating the accounts receivables turnover:
- Get the accounts receivable at the beginning and end of the desired periods and divide by 2 to get the average, which is the denominator in the formula above.
- Then get the net credit sales, which is the total sales revenue done on credit to customers, after backing out customers' returns
High accounts receivable turnover ratio means the company's collection process is highly effective while the low ratio signifies the opposite.
