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
Viefleur [7K]
2 years ago
14

Clydesdale Corporation has a cumulative temporary difference related to depreciation of $580,000 at December 31, 2017. This diff

erence will reverse as follows: 2018, $42,000; 2019, $244,000; and 2020, $294,000. Enacted tax rates are 34% for 2018 and 2019, and 40% for 2020. Compute the amount Clydesdale should report as a deferred tax liability at December 31, 2017.
Business
1 answer:
Goryan [66]2 years ago
5 0

Answer:

The amount Clydesdale should report as a deferred tax liability at December 31, 2017 is  $214,840

Explanation:

The computation of the deferred tax liability is shown below:

= 2018 difference × Enacted tax rates + 2019 difference × Enacted tax rates + 2020 difference × Enacted tax rates

= $42,000 × 34% + $244,000 × 34% + $294,000 × 40%

= $14,280 + $82,960 + $117,600

= $214,840

We considered the difference of each year and its enacted tax rates. Th depreciation is not relevant. Hence, we ignored it

You might be interested in
To help fund his start-up business, Marc charged $400 worth of goods on his credit card. On his first bill, he was not charged a
Bogdan [553]

Answer:

$7.96

Explanation:

the first month's principal balance = $400 (initial purchase) - $20 (first payment) = $380

the second month's principal balance = $380 (carried over) + $18 (second purchase) = $398

the interest charged on the second month's principal = $398 x 2% = $7.96

7 0
2 years ago
Read 2 more answers
Which of the marks of good leadership do you feel is the most important? (Take your time)
Alinara [238K]

Answer: I would say communication and honesty

Explanation: I pick these to bc if you want something done you have to ask ppl around you if you don't know and being honest is trustworthy jus don't lie all the time ya feel. this is my reasons

7 0
2 years ago
This is homework form me a teacher have you drawn a cool awesome drawling
Delvig [45]

Answer:

B

Explanation:

dont give me brainliest

6 0
2 years ago
You have shared a folder in a windows server that is a part of a domain. You need to assign permissions to users so they can acc
Makovka662 [10]

Answer:

The answer would be

Explanation:

You can specify which users or groups can access, view, or modify a shared folder and its contents. The access permissions of shared folders, as well as individual files and subfolders, can be customized for each user or group.

Share permissions manage access to folders shared over a network; they don’t apply to users who log on locally. Share permissions apply to all files and folders in the share; you cannot granularly control access to subfolders or objects on a share. You can specify the number of users who are allowed to access the shared folder.

There are three types of share permissions: Full Control, Change and Read. You can set each of them to “Deny” or “Allow” to control access to shared folders or drives:

*  Read — Users can view file and subfolder names, read data in files, and run programs. By default, the “Everyone” group is assigned “Read” permissions.

* Change — Users can do everything allowed by the “Read” permission, as well as add files and subfolders, change data in files, and delete subfolders and files. This permission is not assigned by default.

* Full Control — Users can do everything allowed by the “Read” and “Change” permissions, and they can also change permissions for NTFS files and folders only. By default, the “Administrators” group is granted “Full Control” permissions.

7 0
3 years ago
The most powerful and widely used conceptual tool for diagnosing the principal competitive pressures in a market isa. the five f
Alexxx [7]

Answer:

The correct answer is letter "A": the five forces framework.

Explanation:

Porter's Five (5) Forces is an analysis scheme created by American economist Michael E. Porter (<em>born in 1947</em>). The ultimate goal of this analysis is to help managers set their expectations of profitability because as competition increases, profitability decreases. Three of the five forces relate to those involved in the industry. The other two apply to the suppliers, the vertical participants, and consumers.

4 0
2 years ago
Other questions:
  • 5) Century Industries has issued a bond which has a $1,000 par value and a 15 percent annual coupon interest rate. The bond will
    11·1 answer
  • Which of the following statements is false?
    5·2 answers
  • Carla Vista Corp. has total current assets of $11,420,000, current liabilities of $4,354,000, and a quick ratio of 0.99. How muc
    13·1 answer
  • _____ is the process of acquiring, maintaining, and growing profitable customer relationships by delivering unmatched value.
    15·1 answer
  • Sharon Lee wants to accumulate $10,000 by the end of 12 years. If the annual interest rate is 8.00 percent and interest compound
    5·1 answer
  • Johnny is a sophomore in college and has a 1.5 cumulative grade point average (GPA). Johnny's cumulative GPA will fall even furt
    5·1 answer
  • Prepare a statement of cash flows. Also assume the following:
    14·1 answer
  • My name is Felicia McMillian, and I was referred to you by a friend. I have a question about what I should do with my money. I'v
    6·1 answer
  • Which nims management characteristic includes developing and issuing.
    6·1 answer
  • Joshua is 25 years old and has a high risk job making $72,000 a year. The insurance company charges him an extra 20% on top of h
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!