Answer:
The answer is given below;
Explanation:
Income Tax Payable =1,800,000*30%=$540,000
Deferred Tax Asset=3,000,000*30%=$900,000
Deferred Tax liability=2,400,000*30%=$720,000
Therefore the income tax expense=$540,000+$720,000-$900,000=$360,000
The litigation expense will be deductible from taxable income when paid,therefore it will give deferred tax asset.
Profit on installment sales will give rise to more profits being subjected to taxes,therefore it gives rise to deferred tax liability.
<span>18750
Explanation: As per Revenue Recognition Principle, one of the principles is the amount of revenue can be reasonably measured, that means the revenue earned should be measurable. Another principle is costs of earning the revenue can be reasonably measured. Therefore, the revenues and costs should both be reasonably measurable. In the above case, both revenue and cost are measurable.
In the above case, the passes are sold in advance because the passes are good for one year, that means the customers paid the money in advance for the whole year on January 1. Advance payments are generally considered as current liabilities in company's balance sheet and the revenue will be recognized with time as the services will be provided.
So, in this case, the total revenue is 75 x 3000 = 225, 000 (whole year),
Per month revenue will be 225,000/12 = 18,750 .</span>
Answer:
System, Computer, Service
Explanation:
Amazon has applied a simple system customer relationship management strategy based on the use of computer and service, which ensures that the customers can use their website easily, they receive value for money, giving them reasons to return and finally giving them highest quality of services. This in return also provides good feedback about the company and the chances of getting new customers to try out the company's services resulting in more demand and profitability for the company.
I think its a reduction in the supply of money
After being recently promoted as a project manager for a new project with a new team, Suzanna must develop trust and establish the work rules by the way of interacting personally with her new team members.
<h3>Who is a project manager?</h3>
A person who is engaged or involved in planning, allocating and finishing a project for an organization, which is a part of the organizational goals, such a person is known as a project manager.
Hence, the significance of a project manager is aforementioned.
Learn more about a project manager here:
brainly.com/question/15610382
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