Answer:
The answer given below;
Explanation:
Amount in Million $
Income tax payable-Unadjusted $120
Reversal of deferred tax asset $320*30%= $96
Total Income Tax Expense $216
As the deferred tax asset reversal will result in deferred tax expense therefore $216 in total will be reported as income tax expense.
They both use taxes to support a country’s growth. They both invest money to earn a profit. They both receive capital to use for growth. They both act as angel investors for start-ups.
They both invest money to earn a profit. This statement best describes the role that government and business play in investments.
Answer:
A Mission and Vision Statement for Misty Mount Corporation.
Explanation:
A Mission & Vision statement is vital for any corporation.
The mission statement defines the fundamental purpose of the corporation and provides a coherent guide for the decision making process.
The vision statement ensures that the decisions that are made are in sync with what the corporation wants to achieve.
Answer: The presence of a financial intermediary would reduce the information costs that may have prevented the southerners from lending directly to the northerners in the past. This would promote economic growth.
Explanation: Information is key in modern societies.
Answer:
b. $ 264
Explanation:
Engineering
design mat. handling Setup Total
$6,000 $5,000 $3,000 $14.000
2 for X-rays 400 8 for X-rays
1 for ultrasound 600 7 for ultrasound
costs fro producing 100 ultrasound machines:
- direct materials $8,000
- direct labor $12,000
- design costs = ($6,000/3) x 1 = $2,000
- setup costs = ($3,000/15) x 7 = $1,400
- material handling costs = ($5,000/1,000 parts) x 600 = $3,000
total production costs = $26,400
production costs per unit = $26,400 / 100 units = $264