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3 years ago

You are installing a new computer system with

Business

1 answer:

DanielleElmas [232]3 years ago

4 0

Answer:1. be aware of what other team members’ duties are.

2. communicate frequently- check in with the others for updates.

Explanation:

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Gallo Light began operations in 2021. The company sometimes sells used warehouses on an installment basis. In those cases, Gallo

Dvinal [7]

Answer and Explanation:

Before passing the journal entries we need to do following calculations

Particular Current year Future taxable amounts ($ in 000s)

2021 2022 2023 2024

Accounting

income $824

less: Permanent

difference ($34 )

Temporary difference :

less: installments

sales ($570 ) $190 $190 $190

Taxable

income $220

Multiply

Enacted tax rate 25% 25% 30% 30%

Tax payable

currently $55

Deferred tax liability $47.5 $57 $57 $161.50

Less: Beginning balance $0

Change in balance : credit (debit ) $161.50

1. Now the journal entry is

On 2021

Income tax expense ($161.50 + $55) $216.50

To Deferred tax liability $161.50

To Income tax payable $55

(Being the income tax for 2021 is recorded)

2. And, the net income is

= Pre accounting income - income tax expense

= $824,000 - $216,500

= $607,500

3 0

3 years ago

Candace has just landed her first job and has the long-term goal to one day buy a house. She needs help investing some of her mo

Elza [17]

Answer:

two qualities candace should look for...

Explanation:

understanding- she should look for someone who is understanding of her money and her time, with out that the financial advisor could be very careless

communication- they should be able to communicate with her about her money if there is ever a problem, and when she has the right amount to get her goal.

6 0

3 years ago

Products, then producers make__

denpristay [2]

Mabye this will help you

5 0

3 years ago

For a new Madden video game, EA Sports decides to have Patrick Mahomes on the cover and run an ad campaign on ESPN. After the ad

Masteriza [31]

The process that EA Sports carried out with the cover of the Madden video game was Perception Marketing.

<h3>What is perception marketing?</h3>

Perception marketing is an economic term that refers to the set of marketing strategies focused on the consumer's perception of a specific product.

In general, perception marketing is responsible for modifying the image of the product so that it is the one that looks best compared to its competitors and thus generates a good perception in consumers.

According to the above, EA Sports used the image of a famous person so that consumers had a positive perception of their video game.

Learn more about marketing in: brainly.com/question/13414268

#SPJ1

6 0

2 years ago

At the beginning of 2013, Barcroft Co. estimated that its total annual fixed overhead costs would amount to $25,000. Further, Ba

Varvara68 [4.7K]

Answer:

b. Products were overcosted in 2013

Explanation:

When determining the cost of a product, we consider only the Overheads Applied.

Applied Overheads are calculated as :

Pre-determined Overhead Rate multiplied by Actual Activity

Predetermined Overhead Rate is calculated as follows :

Budgeted Overheads divided by Budgeted Activity

Predetermined Overhead Rate = $25,000/2,000 units

= $ 12.50 per unit

Applied Overheads = $ 12.50 per unit × 2,200 units

= $ 27,500

The Overheads Applied are then Compared to Actual Overhead Cost to determine is the Overheads where Over or Under Applied

Therefore our case presents the following:

Applied Overheads ($ 27,500) >Actual Overheads ($25,000)

Therefore, we have an Over-Application situation.

Over-Applied Overheads are $2,500

3 0

3 years ago