Answer:
$10,200
Explanation:
The computation of the deferred income tax expense or benefit is shown below:
Favorable temporary difference = $50,000
Less: Unfavorable temporary difference -$20,000
Net favorable temporary difference $30,000
We assume the tax rate is of 34%
So, the deferred tax expense is
= $30,000 × 34%
= $10,200
By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above
Answer:
The price of 3 months call option on stock is 8.03.
Explanation:
Acording to the details we have the following:
P = Price of 3-months put option is $6
So = Current price is $95
X = Exrecise price is $95
r = Risk free interest rate is 9%
T = Time is 3 months=1/4
C=Price of call option?
Hence, to calculate what must be the price of a 3-month call option on C.A.L.L. stock at an exercise price of $95 if it is at the money, we have to use the formula from put-call parity.
C=P+So-<u> X </u>
(1+r)∧T
C=$6+$95- ( <u>$95 )</u>
(1+0.09)∧1/4
C=$6+$95-$92.97
C=8.03
The price of 3 months call option on stock is 8.03
Answer:
d. Is an acceptable strategy once a need has been identified and a suitable product has been selected.
Explanation:
A face to face selling of a product directly to business is one of the best example of personal selling e.g. cars, photocopier, office equipment etc.
Answer:
The correct answer is E. Distribution planning.
Explanation:
Distribution planning refers to the development of objectives from production to putting the product on the counter. This process includes the entire chain from when the raw material to produce is entered, and the logistics necessary to transport the product to the final supplier. This process must evaluate external and internal problems in order to make it as expeditious as possible and the times are met in order to avoid product shortages.
Answer:
Beginning RE 708,900
prior period adjustment <u> 89,470 </u>
adjusted beginning RE 798,370
net income 1,663,000
cash dividends <u> (77,800) </u>
ending RE 2,383,570
Explanation:
The amend of the mistake is done to adjust the beginning retained earnings as it didn't occur in the current accounting cycle.
We have to added as it was posted as an expense something it wasnt Thus, our expense were overstated making a lower net income
then, we proceed normally by adding the net income and decreasing the cash dividends paid to arrive to ending RE