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Marina86 [1]
3 years ago
5

Arreaga Corp. has a tax rate of 40 percent and income before non-operating items of $928,000. It also has the following items (g

ross amounts). Unusual loss $148,000 Extraordinary loss 404,000 Gain on disposal of equipment 32,000 Change in accounting principle increasing prior year's income 212,000 What is the amount of income tax expense Arreaga would report on its income statement?
Business
1 answer:
Sedbober [7]3 years ago
3 0

Answer: $324,800

Explanation:

It is a general Principle that when calculating income tax expense, that the Extraordinary loss is treated separately because it is not a usual thing.

The income gained from changing the Accounting principle is not included as well.

The Taxable income to be recorded therefore is,

Taxable income = Income + Gain on disposal - Unusual loss (due to its infrequency)

Taxable income = 928,000 + 32,000 - 148,000

Taxable income = $812,000

Tax expense would therefore be,

= 812,000 * 40%

= $324,800

$324,800 is the amount of income tax expense Arreaga would report on its income statement.

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How companies can link their compensation and evaluations to organizational objectives?
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Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

8 0
2 years ago
The strength of a cluster can be measured by comparing the average distance in a cluster to the distance between cluster centroi
swat32

Answer:

The options for this question are the following:

a. 1

b. 2

c. 0.5

d. 1.5

The correct answer is a. 1 .

Explanation:

Group analysis or grouping is the task of grouping a set of objects in such a way that the members of the same group (called a cluster) are more similar, in some sense or another. It is the main task of exploratory data mining and is a common technique in the analysis of statistical data. It is also used in multiple fields such as machine learning, pattern recognition, image analysis, information search and retrieval, bioinformatics, data compression and graphic computing.

Group analysis is not in itself a specific algorithm, but the task pending solution. Clustering can be done using several algorithms that differ significantly in your idea of ​​what constitutes a group and how to find them efficiently. Classical group ideas include small distances between members of the group, dense areas of the data space, intervals or particular statistical distributions. Clustering, therefore, can be formulated as a multi-objective optimization problem. The appropriate algorithm and the values ​​of the parameters (including values ​​such as the distance function to use, a density threshold or the number of expected groups) depend on the set of data analyzed and the use that will be given to the results. Grouping as such is not an automatic task, but an iterative process of data mining or interactive multi-objective optimization that involves trial and failure. It will often be necessary to pre-process the data and adjust the model parameters until the result has the desired properties.

7 0
3 years ago
f covered interest arbitrage opportunities do not exist, Group of answer choices interest rate parity holds. interest rate parit
kodGreya [7K]

Answer: interest rate parity holds

Explanation:

Covered interest arbitrage is a trading strategy that is used by an investor when the person whereby takes advantage of the differences in interest rate between two nations and invest in the currency that brings higher value.

If covered interest arbitrage opportunities do not exist, it simply means that interest rate parity holds.

7 0
3 years ago
A U.S business sells milk to consumers in France. Which situation would most likely cause demand for milk to rise in France?
love history [14]

Answer:

Cheese and other milk products gain popularity in France

I hope this helps you

:)

3 0
2 years ago
n the context of the strategies for selecting target markets, which of the following is a disadvantage of undifferentiated targe
algol [13]

Answer:

The correct answer is  b. It makes a company more susceptible to competitive inroads.

Explanation:

Market segmentation is essential to know how is the public that makes up the market in which we are. There are a number of advantages and disadvantages of market segmentation that you should keep in mind, before venturing into such a study for your company.

Errors when establishing the segment

The first and main disadvantage of including market segmentation techniques is the wrong selection of a segment.

Keep in mind that if the company chooses a wrong market fraction, too small or irrelevant for the company's business, then the business will find it difficult to market its product.

Commercial Saturation Issues

Another drawback derived from this strategy is to enter a market segment in which there is strong competition and saturation. When we are about to create a company or product we must take into account the development possibilities we have in that market.

3 0
2 years ago
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