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IgorLugansk [536]
3 years ago
10

If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this

type of policy protect the policyholder?
Business
1 answer:
cupoosta [38]3 years ago
7 0

James backed into a vehicle in the grocery store parking lot and caused $2000 in damages to his own car and $3000 in damages to the other vehicle.
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What is digital citizenship?
lesya [120]
Digital citizenship<span> can be defined as the norms of appropriate, responsible behavior with regard to technology use. 1. </span>Digital<span> Access: full electronic participation in society. Technology users need to be aware that not everyone has the same opportunities when it comes to technology.</span>
4 0
3 years ago
Assume Baldwin is producing 2,498 units of Bill next year. What would Bill's plant utilization be?
Digiron [165]

Answer: Option A

<u>Explanation:</u>

The production utilization is the use of the productive capacity of the firm. It shows the extent to which the production capacity of the firm can be used to produce the goods in the firm.

It shows the relationship between the output that has been produced with the equipment that has been installed in the enterprise. If the capacity of the firm is totally utilised, it is very efficient and can be used to produce the maximum amount of goods of that enterprise.

3 0
3 years ago
In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did not make a $179 ele
Len [333]

Answer: His cost deduction would be $3,200

Explanation:

Without the mid-quarter convention Muhammad’s 2019 MACRS deduction would be $3,200 ($16,000 x .20). The mid-quarter convention slows down the taxpayers available cost recovery deduction.

8 0
3 years ago
The Wiley Oakly Company has just gone public. Under a firm commitment agreement, Wiley received $21.39 for each of the 7.75 mill
Zarrin [17]
And I don’t know how you can get e
6 0
3 years ago
HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account balances of
oksano4ka [1.4K]

Answer:

$101 million income tax expense

Explanation:

The income tax of HD can be computed by beginning with income tax payable less the increase in deferred tax asset in the year and finally by deducting the portion of current deferred tax asset that cannot be realized as shown below:

Current income tax payable                           $90 million

increase in deferred tax asset($170-$130)     ($40 million)

unrealized deferred tax asset ($170*30%)      $51 million

income tax expense in income statement      $101 million

The HD income tax expense in income statement in 2021 is $101 million as computed due to the fact that prior payment in tax ha been paid in the year

7 0
3 years ago
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