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4 years ago

the last recession changed the way many companies offer support to people and communties in need. many companies

1 answer:

3 0

The recession changed the way social assistance is provided by the means of reducing the specific financial capital allocated to these aspects, and instead encourage employees to take part in various social projects and programs that the company would be implementing.

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The Conceptual Framework, ________________, reflects a centrality of affirmed principles, beliefs, and practices that guide the

Komok [63]

Answer:

Model for learning

Explanation:

4 0

4 years ago

The inventory system employing accounting records that continuously disclose the amount of inventory is called a.retail b.period

omeli [17]

Answer:

The correct option is D

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale of inventory immediately by the use of computerised point of sale systems.

6 0

3 years ago

Taxable income and pretax financial income would be identical for Skysong Co. except for its treatments of gross profit on insta

inessss [21]

Answer:

See the journal entry below.

Explanation:

Before preparing the journal entry, the following are calculated first:

Income tax expense in 2019 = (Taxable income in 2019 * Tax rate in 2019) + (Taxable income in 2020 * Tax rate in 2020) + (Taxable income in 2021 * Tax rate in 2021) = ($158,000 * 40%) + ($195,000 * 45%) + ($92,100 * 45%) = $193,395

Deferred tax liability in 2019 = (Taxable income in 2020 * Tax rate in 2020) + (Taxable income in 2021 * Tax rate in 2021) = ($195,000 * 45%) + ($92,100 * 45%) = $129,195

Income tax payable in 2019 = Taxable income in 2019 * Tax rate in 2019 = $158,000 * 40% = $63,200

Income tax payable in 2020 = Taxable income in 2020 * Tax rate in 2020 = $195,000 * 45% = $87,750

Income tax payable in 2021 = Taxable income in 2021 * Tax rate in 2021 = $92,100 * 45% = $41,445

The journal entry will look as follows:

Date General journal Debit ($) Credit ($)

31 Dec 2019 Income tax expense 193,395

Deferred tax liability 129,195

Income tax payable 63,200

(To record income tax payable.)

31 Dec 2020 Deferred tax liability 87,750

Income tax payable 87,750

(To record income tax payable.)

31 Dec 2021 Deferred tax liability 41,445

Income tax payable 41,445

(To record income tax payable.)

5 0

3 years ago

Programs designed to foster ethical behavior are more controversial today because unethical and illegal business conduct continu

andrew11 [14]

Programs designed to foster ethical behavior are more controversial today because unethical and illegal business conduct continues to occur, even in organizations that have implemented the programs. True

In computing, a program is a selected set of ordered operations for a computer to carry out. the modern computer that John von Neumann outlined in 1945, this system incorporates a one-at-a-time sequence of instructions that the pc follows. usually, the program is put into a storage region available to the laptop. The purpose of the software is to remedy a hassle or to pursue a hobby via innovative expression. In essence, why the programmer decided to create this software. as an example, “the cause of this software is to encourage others to recycle."

Programming is the process of making a hard and fast of commands that inform a pc how to perform an assignment. Programming may be carried out with the use of diffusion of laptop programming languages, inclusive of JavaScript, Python, and C++.

Learn more about Programs here: brainly.com/question/23275071

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3 0

1 year ago

When estimating the cost of equity by use of the CAPM, three potential problems are (1) whether to use long-term or short-term r

Lubov Fominskaja [6]

Answer:

The correct answer is A. true.

Explanation:

The cost of capital is a little less unique than the cost of debt. Equity is any financing raised through the sale of shares. Different people have different ways of measuring equity.

Some people prefer to simply use the CAPM or some other form of APT, estimating the cost of capital as an amount equivalent to the risk premium on the returns paid by the company to its investors. In this way, the returns generated in excess of the risk-free rate are considered the cost of equity.

This calculation is easy to use, but also takes into account the fluctuations in the value of the shares in the secondary market, which really has no cost to the company. Some people argue their benefits.

6 0

3 years ago