Answer:
The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.
Explanation:
The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:
Income tax payable $90 million
deduct;increase in deferred tax asset($170-$130) ($40 million)
Add;unrealized deferred tax asset($170*30%) $51 million
Income tax expense for 2021 income statement $101 million
Answer:The answer is $17,387.67
Explanation:
Let Principal = P, Rate = R% per annum, Time = n years
Amount = P ( 1 + R/100)∧n
P = $800, R = 7.4%, n = 24
A = 800 ( 1 + 7.4/100)∧24
A = 800 ( 1 + 0.074)∧24
A = 800 ( 1 .074)∧24
A = 800 (5.547569512)
A = 800× 5.5475569512
A = $4,438.05
Deposit made at 39th birthday
P = $800, R = 7.4%, n = 39
A = 800 ( 1 + 7.4/100)∧39
A = 800 (1 + 0.074)∧39
A = 800 (1.074)∧39
A = 800 (16.187022604)
A = 800× 16.187022604
A = $12,949.62
How much is in the IRA when Bob retires will be
$4,438.05 + 12,949.62
= $17,387.67
Answer: 39.29%
Explanation:
For us to calculate the percentage change, we have to deduct the trading for VEF in January from the trading for VEF in February and then divide by VEF trading in January. This will be:
= (1950 - 1400)/1950
= 550/1400
= 0.3929
= 39.29%
The percentage change in January is 39.29%.
Answer:
The answer is producers need to know what consumers want so they can sell more and make more profit.
