Answer:
$11,300
Explanation:
The computation of the deferred tax asset is shown below:
= 21%(20X2 Expense) + 25%(20X3 and 20X4 Expense)
= 21%($30,000) + 25%($15,000) + 25%($5,000)
= $6,300 + $3,750 + $1,250
= $11,300
I think the taxes would decrease but increase for the company
Answer:
B. One year or the operating cycle, whichever is longer.
Explanation:
Current Assets are assets that can be converted into cash within a year or an operating cycle whichever is longer.
Current Assets are presented first on a balance sheet and arranged in order of liquidity.
Examples of current assets are cash ,
cash equivalents , short-term investments, accounts receivable and stock inventory.
I hope my answer helps you
Forging is the process of applying thermal and mechanical energy to steel billets or ingots to result into a changed shape of the material while in a solid state. The raw material is solid metal in this case.
There are four types of market segmentation
<span>1. </span>Demographic –<span> segments a population based on age, gender, size of family, earnings, work, religion, ethnic race, and nationality.</span>
<span>2. </span>Behavioral –segments on the basis of their behavior, usage and decision-making pattern.
<span>3. </span>Psychographic - uses people’s lifestyles, their activities, and interests
<span>4. </span><span>Geographic - uses location as basis</span>
<span>From the given definitions, Sunny Pet uses the demographic type of segmentation. </span>