Answer and Explanation:
Kimble Corp entries in 2021 to record the tax effects of the loss carryforward
a)Dr Deferred Tax Asset ($900,000 × 20%) 180,000
Cr Benefit Due to Loss Carryforward $180,000
Dr Benefit Due to Loss Carryforward $180,000
Cr Allowance to Reduce Deferred Tax Asset to Expected Realizable Value $180,000
(b)
Dr Income Tax Expense ($250,000 × 20%) $50,000
Cr Deferred Tax Asset $50,000
Dr Allowance to Reduce Deferred Tax Asset to Expected Realizable value $50,000
Cr Benefit Due to Loss Carryforward $50,000
Answer:
b. $600,000
Explanation:
The company has to record as revenue the product at the list price, then if exist a special discount on the price list, it must be record as discount applied to products in the Income Statement, separate of Revenue or Gross Sales.
The price that the company ACH pay by the product ($650,000) it's not at change on the price if not due to the payments term which is one year later, so the company ACH has to pay a financial cost because the payment will be made one year later.
A. Because grants and scholarships are free money and loans have to be repaid. 25% is the lowest amount of loans
The students who will receive the vaccines if the University Health Center sells them for $20.00 are the students who will pay for them at that price.
<h3>Who will receive the vaccines?</h3>
The University Health Center has set a price of $20.00 for the vaccines which means that if a person wants a vaccine, they need to pay $20.
The people who will receive the vaccines therefore, are those students who are willing to pay for the vaccines at the price of $20.00.
Full question is:
University Health Center receives 500 flu vaccinations at the beginning of each flu season. Suppose they offer these vaccines for $20.00 each. Assume that college students have varying budgets, some have some money to spare, some are on a very tight budget. Some students have pre‑existing conditions, such as asthma and diabetes, that place them at high risk for the flu.
Who will receive the vaccines if the University Health Center sells them for this price?
- the students who will pay for them at that price
- the students who most need them the students with asthma and diabetes
- the students who most want them
Find out more on market pricing at brainly.com/question/12960067.
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Answer:
The answer is 'sell future contracts on yen
Explanation:
Futures contract is a form of derivative that is standardized. It occurs through the exchange rather than over the counter. It is safe from default or counterparty risk because the clearing house guarantees any loss.
Futures contract obligates the parties involved to either buy or sell the underlying security.
Because Mondo corporation is expecting some of its exports in yen and it is afraid of fall in exchange of yen relative to US dollar, to hedge the risk, it must sell future contracts on yen.
