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telo118 [61]
3 years ago
14

In the 21st century, we define justice as:

Business
1 answer:
9966 [12]3 years ago
8 0

Answer: a. an equitable distribution of the burdens and rewards that society has to offer

Explanation: In the 21st century which is a time of creativity and innovation, justice is defined as an equitable distribution of the burdens and rewards that society has to offer.  It is the ideal of fairness, impartiality, etc.; the state or characteristics of being just and fair, especially with regard to the punishment of wrongdoing.

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Maui Resort Inc. determined that the balance in its deferred tax asset account on December 31, 2020, was $50,000. Management rev
denis-greek [22]

Answer:

Maui Resort Inc.

Journal Entry:

December 31, 2020:

Debit Loss from Unrealizable DTA $31,000

Credit Allowance for Unrealizable DTA $31,000

To record the loss from unrealizable DTA and increase the balance to $35,000 (credit).

Explanation:

a) Data and Calculations:

December 31, 2020 Deferred Tax Asset (DTA) = $50,000

Estimate of realizable DTA = 30% of $50,000 = $15,000

Allowance for unrealizable DTA for 2020 = 70% of $50,000 = $35,000

Loss from unrealizable DTA = $31,000 ($35,000 - $5,000)

b) Like the Allowance for Doubtful Accounts, the DTA Valuation Allowance is a contra-account to the Deferred Tax asset Account.  It shows the amount of the deferred tax asset with a more than 50% probability of being lost or unutilized in the future as a result of the non-availability of sufficient future taxable income.

7 0
3 years ago
You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of
mart [117]
The best and most correct answer among the choices provided by the first question is the third choice or letter C "the business cycle."

On the other hand, the best and most correct answer among the choices provided by the second question is the first choice or letter A " The price goes up. "<span>
</span>I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
7 0
3 years ago
Alpha's preferred stock currently has a market price equal to $80 per share. If the dividend paid on this stock is $6 per share,
wolverine [178]

Answer:

r = 0.075 or 7.5%

Option a is the correct answer.

Explanation:

The required rate of return is the minimum return that the investors require on a stock based on the risk associated with that stock. To calculate the required rate of return on a preferred stock, we divide the dividend provided by the preferred stock by the market price of the stock.

r = Dividend / Market Price

r = 6 / 80

r = 0.075 or 7.5%

3 0
3 years ago
Inventory records for Herb's Chemicals revealed the following: March 1, 2016, inventory: 1,000 gallons @ $7.20 = $7,200 Purchase
amid [387]

Answer:

correct option is A. $5,087

Explanation:

given data

March 1, 2016, inventory: 1,000 gallons @ $7.20 = $7,200

Purchases                                        amount                 Sales  

Mar. 10               600 gals @ $7.25      4350          Mar. 5 400 gals

Mar. 16               800 gals @ $7.30       5840          Mar. 14 700 gals

Mar. 23              600 gals @ $7.35        4410          Mar. 20 500 gals

                                                                                    Mar. 26   700 gals

total                         3000 @7.267          21800

cost of good sold   2300 @ 7.267         16714

so

balance is =  3000 - 2300 = 700 @ 7.267

ending inventory is $5087

so correct option is A. $5,087

7 0
3 years ago
A car manufacturer ordered 20,000 window assemblies from a supplier. To make sure the assemblies were made to specifications, th
snow_tiger [21]
The answer is “Feedforward”
8 0
3 years ago
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