Answer:
$60,000 income tax benefit
Explanation:
Since Crimson Corp. had a loss from operations and sold the asset for a loss we know that they lost money with the asset and an income tax benefit was generated. To calculate the income tax benefit we need to add both losses: $40,000 (operation) + $160,000 (sale) = $200,000 in total losses.
$200,000 x 30% = $60,000 income tax benefit
Answer:
C) devaluation and revaluation
Explanation:
Devaluation and revaluation is the way that government changes the exchange rate of it's currency in relation to others.
Devaluation is the reduction of the exchange rate of a countrie's currency usually against the United States dollar. This reduces the currency value in relation to the foreign currency.
Revaluation on the other hand is when a country increases the exchange rate, making the value higher against foreign currency.
Answer:
The percentaje increase in sales is 10%
Explanation:
To calculate the percentage increase in sales from 2013 to 2014 yo need to calculate the differential in sales from year to year using 2013 as a base.
You need to use the following formula:
Sales differential: [(year1-year0)/year0]*100
In this exercise:
Sales differential= [(770-700)/700]*100=10%
2014 sales increased by 10% compared to 2013 sales.
The term is SOCIAL ENGINEERING.
Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
Answer: The following would be the best recommendation: <u><em>Smart watch</em></u>
<u><em>Under this case the associate is purchasing the gift for his friend and from the given option it can be easily stated that smart watch will the best gift. </em></u>
Smart watch will help his friend and give him the ability to chat activity while keeping in contact with the home office.
<u><em>Therefore, the correct option is (a).</em></u>
