Organizations that utilize the file processing approach spend as much as 80% of their is development budget on maintenance.
<h3>What is
file processing approach?</h3>
File Processing System (FPS) can be described as the way of storing, retrieving as well as manipulating data that could be used by different organization.
It should be noted that Files are used to store various documents, however Organizations that utilize the file processing approach spend as much as 80% of their is development budget on maintenance.
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Answer:
$3,604
Explanation:
Calculation for what Smith's deferred income tax expense or benefit would be:
Using this formula
Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate
Let plug in the formula
Deferred income tax expense =($51,200-$40,600)*21%
Deferred income tax expense =$10,600*34%
Deferred income tax expense =$3,604
Therefore Smith's deferred income tax expense or benefit would be:$3,604
Answer:
The aggregate return for the last year is 11.61%
Explanation:
The return on any asset is the increase in price, in addition to any dividends or the cash flows, which is divided by the initial price. Since, the preferred stock is assumed to have a $100 par value of, the dividend amounts to $6.60, therefore, the return for the year would be:
Return (R) = (Market Price - Stock Price + Dividend) / Stock Price
R = ($102.42 - $97.68 + $6.60) / $97.68
R = .1161, or 11.61%
Answer:
Option c. General Motors issues corporate bonds.
Explanation:
The corporate bonds are bonds that are used by companies as a way of raising capital. In essence, a corporate bond is a bond that is issued by a large corporation mainly for the purposes of financing of a project. In addition, the bonds are also a means of business expansion. Thus, general motors, in its action, is raising capital for later expansion.
