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Ghella [55]
4 years ago
14

Malcolm has been researching reports generated by government agencies and the local chamber of commerce. What kind of research i

s Malcolm engaged in?
A. Primary

B. Secondary

C. Tertiary

D. Personal
Business
1 answer:
zhannawk [14.2K]4 years ago
7 0
The correct option is B.
There are three basic types of research, these are primary, secondary and tertiary research. A primary research is a type of research in which data, which are  the first of its kind are generated. Secondary research on the other hand is the type of research that is carried out based on the summary and the synthesis of the information gathered from primary research. 
The reports generated by the government agencies and the local chamber of commerce in the question given above are examples of data generated via primary research
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Answer:

$7,176,000

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This will be the consolidated net income.

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In a process costing system, the application of factory overhead usually would be recorded as an increase in: (CPA adapted) A. F
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4 years ago
Suppose the following information (in thousands of dollars) is available for H.J. Heinz Company—famous for ketchup and other fin
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Explanation:

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4 years ago
On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $36 million. Ameen uses strai
vfiekz [6]

Answer:

1.31-Dec-21

Dr Income tax expense $12.50

Cr To Income taxes payable $11.00

Cr To Deferred tax liability $1.50

2.$37.50 million

Explanation:

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Depreciation as per books for 2021 = $30 - $28 Depreciation as per books for 2021= $2 million

Depreciation as per tax for 2021 = $20 - $12

Depreciation as per tax for 2021 = $8 million

Taxable income = $50 + $2 - $8

Taxable income = $44 million

JOURNAL ENTRIES - Ameen Company (In million)

31-Dec-21

Dr Income tax expense $12.50

Cr To Income taxes payable ($44*25%) $11.00

Cr To Deferred tax liability ($6*25%) $1.50

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2. Calculation to determine What is Ameenâs 2021 net income?

Ameen's 2021 net income = $50 - $12.50

Ameen's 2021 net income = $37.50 million

Therefore Ameen's 2021 net income is $37.50 million

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3 years ago
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