Answer: Option B and E
Explanation: Use of diagrams and charts do not simplify the complex relationships as they do not help in calculation they are for presentation purposes only.
Diagrams and charts are different from pictures as they are used to show quantitative data in a picture manner through graphs etc.
The information for which the graph remains limited as per the research made. So, graphs cannot increase the level of information it can only show it in a more mannerly way.
Answer:
a. Particulars Amount
Pre-tax income for 2015 $683,500
Less: Income tax expenses <u>$205,050</u> ($683,500*30%)
Net Income for 2015 <u>$478,450</u>
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b. Deferred tax liability = Temporary difference * Tax rate
= $165,500*30%
= $49,650
Income tax expense = Construction in process - Deferred tax liability
= $165,500 - $49,650
= $115,850
Date Account titles and Explanation Debit Credit
2015 Construction in progress $165,500
Deferred tax liability $49,650
Retained earnings $115,850
(To record deferred tax liability and retained earnings for 2015)
Answer:
D. A presentation.
Explanation:
A presentation is the way toward presenting a topic to a crowd of people.
Answer:
The answer is E. compensates investors for expected price increases.
Explanation:
Inflation premium arise from that, investors holding nominal assets
are exposed to unanticipated changes in inflation.