Answer:
d. $720,000 asset.
Explanation:
At 2014 David Company reported a loss for 2,400,000 which, for taxes purposes wasn't recognized.
Thus, there is a temporary diffrence in favor of the company,
as is paying more income tax today (the 2,400,000 loss is not recognzied thus, more income taxes are being paid)
and then, will pay less than the accounting net income (latter will pay taxes including this loss, thus less income tax)
This is a deffered income tax asset for: 2,400,000 x 30% = 720,000
tax deffered(assets) 720,000 debit
income tax expense 60,000 debit
cash 780,000 credit
Answer:
(c)Terry should report profit from his business of $250,000
Explanation:
Before computing the actual solution, first, we have to compute the net income of both the parties
For Terry = Gross revenue - employees salaries - rent and utility expenses
= $500,000 - $200,000 - $50,000
= $250,000
For Jim = Gross revenue - cost of goods sold
= $500,000 - $125,000
= $375,000
The other item values would not relevant for deduction. Hence, ignored it
Therefore, option c is correct.
Bic tried to introduce bic disposable underwear and the reason this new product failed is likely because of A. ineffective branding.
<h3>What is a brand?</h3>
A brand is a product, service, or concept which is publicly differentiated from other products, services, or concepts in order to facilitate communication and marketing. Branding is the process of developing and disseminating the brand name, as well as its characteristics and personality.
In consumer communication, too much emphasis is placed on product attributes and not enough on brand benefits. Trying to make too many points in your brand communication rather than focusing on one or two key points of differentiation. Changing your brand's positioning and message on a regular basis.
The correct answer is ineffective branding because the brand is well-known for writing products such as pens rather than a disposable inner ear brand. People were unable to relate to it, so it failed.
The remaining options are incorrect because timing cannot be linked, there were no technical glitches, and the market size was appropriate because it was released on a smaller scale.
Learn more about branding on:
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Answer: the bank statement balance will always agree with the company record balance
Explanation:
A bank statement refers to the list of all the transactions for a bank account due a particular period of time. The bank statement consists of charges, withdrawal, deposits, etc.
The option that isn't true about bank statement is that the bank statement balance will always agree with the company record balance.
This is incorrect as the bank statement and the company record balance msy not agree because of timing difference with regards to the recording of transactions.
In the area of threats to computer systems, electromechanical problems are examples of
errors and accidents.
Examples of these errors and accidents are phishing and sending our e-mails that people believe to be sent from a source they can trust when that is not the case. Both of these examples can harm the computer and the information they are able to retrieve from hacking can be threatening. They can also take over your computer by hacking it once you click any of the e-mails sent.
