1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nimfa-mama [501]
3 years ago
7

Times-Roman Publishing Company reports the following amounts in its first three years of operation:

Business
1 answer:
kolbaska11 [484]3 years ago
3 0

Answer:

Unearned subscription

2016 deferred tax asset

2017 deferred tax liability

2018 deferred tax asset

Explanation:

The balance sheet account is unearned  subscription which is a liability account,

It is a liability because the company already collected cass but is yet to provide the necessary services paid for the by the customers.

Earned subscription account is sales revenue account which is a profit and loss item.

                     ($'000)                    2016           2017               2018

taxable income                            $290           $220              $260

Pretax accounting income         ($250)         ($240)              ($230)

Deferred tax asset/(liability)        $40            ($20)               $30

When taxable income is more than pretax accounting income, the resulting effect is a deferred tax asset which shows that tax was charged on a higher taxable income which provides tax relief in future.

When pretax accounting income is higher,it implies that tax was calculated on a lower taxable income and that more tax would be incurred in the future when the temporary difference reverses.

                   

You might be interested in
A concrete block making company is developing an aggregate capacity plan from the following sales forecast for its 6” and 8” con
prohojiy [21]
We need to see that table pls send a picture to it also if u may pls mark me braliest
7 0
3 years ago
You want to start an organic garlic farm. The farm costs $230,000, to be paid in full immediately. Year 1 cash inflow will be $2
Nostrana [21]

Answer:

13.8%

Explanation:

IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 =  $-230,000

Cash flow in year 1 =  $25,000

Cash flow in year 2 =  $25,000 x 1.05 = $26,250

Cash flow in year 3 =  $26,250 × 1.05 = $27,562.50

Cash flow in year 4 = $27,562.50 × 1.05 = $28,940.63

Cash flow in year 5 = $28,940.63 × 1.05 = $30,387.66 + $260,000 = $290,387.66

Irr = 13.84%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

5 0
3 years ago
the value of the marginal product of any input is equal to the marginal product of that input multiplied by the:_____.
charle [14.2K]

The value of the marginal product of any input is equal to the marginal product of that input multiplied by the: <u>market price</u>  of the output.

<h3>How to find the marginal product?</h3>

The marginal product can be defined as the change that occur due to the  addition of an output to  a unit of  input .

The value of marginal product can be calculated by making use of this formula

Value of Marginal Product = Marginal physical product × Average revenue price of the product.

Therefore the statement that complete the statement is market price  of the output.

Learn more about marginal product here:brainly.com/question/14867207

#SPJ1

6 0
1 year ago
Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositi
muminat

If the Federal Reserve increases the interest rate that it pays on your deposits with them increase reserves at the Fed and reduce loans.

If the Federal Reserve increases the interest rate that it pays on your deposits with them, this means that the amount I deposit with the Fed would earn a higher rate of interest.

The aim of businesses is to make profit. As a result, I would increase the amount I deposit with the Fed in order to earn a higher rate of interest on my deposit and I would reduce the amount of loans I make.

To learn more, please check: brainly.com/question/14331161

5 0
2 years ago
Categories of rights <br>​
NeX [460]

Answer:

Human rights comprise of civil and political rights, such as the right to life, liberty and freedom of expression; and social, cultural and economic rights

3 0
2 years ago
Read 2 more answers
Other questions:
  • A large restaurant with locations throughout the United States has a long-term partnership with Tyson for its poultry and a prod
    10·2 answers
  • Reactive firms do not consider exporting until their domestic market is saturated.
    13·1 answer
  • You have a sub-contracting job with a local manufacturing firm. your agreement calls for 5 annual end-of-year payments of $50,00
    13·1 answer
  • What is the standard for the protection of free speech guaranteed by the First Amendment?
    15·1 answer
  • Frito Lay is owned by Pepsi and has a variety of billion dollar brands such as Doritos, Cheetos, Lays, and Ruffles. These famous
    12·1 answer
  • Who is a shareholder? A Shareholder is the partial owner of the company who purchases and owns _____ in a company.
    13·2 answers
  • If 20,000 units in ending inventory are 75% complete with respect to direct materials and 60% complete as to conversion costs, t
    6·1 answer
  • Question 7 of 10
    11·1 answer
  • Bibby Auto Shop uses a normal job-costing system to allocate overhead on the basis of labour hours. For the current year, Bibby
    12·1 answer
  • What can accountants do for businesses or individuals?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!