Answer:
Net deferred tax liability in non current liabilities = $84 million
Net deferred tax liability in current liabilities = $18 million
Explanation:
Deferred tax that is deferred tax asset or deferred tax liability can only be sett off against each other only when the tax in asset or tax in liabilities is to be paid to same tax authority.
Thus, here assuming these are paid to same authority of taxes, thus these are sett off.
In the given case,
Deferred tax asset for current liability = $54 million
Deferred tax liability for current asset = $72 million
Net deferred tax liability in current liabilities = $18 million = (72 - 54)
Deferred tax asset for non current liability = $36 million
Deferred tax liability for non current asset = $120 million
Net deferred tax liability in non current liabilities = $84 million
Final Answer
Net deferred tax liability in non current liabilities = $84 million
Net deferred tax liability in current liabilities = $18 million
Answer: Market Penetration.
Explanation:
Macy is making use of sales promotion and adverts, which aims at increasing their market penetration. Market penetration involves the measures put in place by a business to increase their market presence and gain customers.
Answer:
variable cost per bushel = $0.18848
total fixed costs = $6,652
Explanation:
we can use the high-low method of accounting to determine the variable and fixed costs:
- highest activity cost = $25,500
- highest activity level = 100,000 bushels
- lowest activity cost = $7,500 (*doesn't make sense to use $75,000)
- lowest activity level = 4,500
variable cost per unit = (highest activity cost - lowest activity cost) / (highest activity units - lowest activity units)
variable cost per unit = ($25,500 - $7,500) / (100,000 - 4,500) = $18,000 / 95,500 bushels = $0.18848 per bushel, since the quantities are large, we cannot round up
fixed costs = highest activity cost - (variable cost x highest activity units)
fixed costs = $25,500 - ($0.18848 x 100,000) = $6,652
Answer:
I will follow all the code of conduct and discipline laid down by the CEO
