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antiseptic1488 [7]
2 years ago
15

West Corp. leased a building and received the $36,000 annual rental payment on June 15, 2004.

Business
1 answer:
Shtirlitz [24]2 years ago
3 0

Answer:

$7,200

Explanation:

West should recognize 6 months of rent during 2004 = $36,000 x 6/12 = $18,000

So West will recognize the remaining $18,000 in rent during 2005, but it decided that the operation will be taxed completely during 2004.

Since the future taxable income will be less than the future pre-tax accounting income be $18,000, then they must report a deferred tax asset = $18,000 x 40% = $7,200

The current tax rate is lower than the future tax rate, but West has to record its tax asset based on the future tax rate, not the current one.

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The goal of ____ is to establish international technological standards to facilitate the global exchange of information and barr
arsen [322]

The goal of <u> ISO</u>  is to establish international technological standards to

facilitate the global exchange of information and barrier-free trade.

<h3 /><h3>what is the goal of ISO in IT to global exchange?</h3>

  • The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies;

  • It develops and publishes a wide range of proprietary, industrial, and commercial standards and is comprised of representatives from various national standards organizations.

  • The organization's abbreviated name—ISO—is not an acronym; it derives from the ancient Greek word ísos, meaning equal or equivalent.

  • Because the organization would have different acronyms in different languages, the founders of the organization decided to call it the short form ISO.

  • The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies that develop and publishes a wide range of proprietary, industrial, and commercial standards.

  • The International Organization for Standardization (ISO) was founded in 1947 and is headquartered in Geneva, Switzerland.

  • In addition to producing standards, ISO also publishes technical reports, technical specifications, publicly available specifications, technical corrigenda, and guides.

To learn more about ISO, refer

to brainly.com/question/25311149

#SPJ4

5 0
1 year ago
Personal values and work values cannot be related true or false​
morpeh [17]

Answer:

false, these two can be related

Explanation:

false

7 0
3 years ago
Read 2 more answers
Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
mr_godi [17]

Answer:

$3,000

Explanation:

Calculation to determine How much bad debts expense will Beautiful Lawns report in 2016

Using this formula

Bad debts expense=Estimated doubtful accounts -Allowance for Doubtful Accounts credit balance

Let plug in the formula

Bad debts expense=$3,600-$600

Bad debts expense=$3,000

Therefore The amount of bad debts expense that Beautiful Lawns will report in 2016 is $3,000

8 0
2 years ago
Why is it important for organizations to accurately estimate the demand for a good or​ service? A. To decrease the fixed costs o
Yuki888 [10]

Answer:

B. To plan​ production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.  

4 0
3 years ago
Richa, a sales manager at TM Resources, needs to find new markets in which to sell her company's products. Richa assigns her tea
zhuklara [117]

Answer:

territory analysis

Explanation:

According to my research on the different types of business analysis, I can say that based on the information provided within the question the scenario indicates the team is currently involved in territory analysis. This is the process of analyzing different territories for potential sales of different products.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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