1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Morgarella [4.7K]
3 years ago
14

Information for Kent Corp. for the year 2021:

Business
1 answer:
Inessa05 [86]3 years ago
6 0

Answer:

$5,082

Explanation:

Calculation of the balance in Kent's deferred tax liability account as of December 31, 2021

Using this formula

Deferred tax liability balance =Cumulative future taxable amounts*Enacted tax rate

Where,

2021 Cumulative future taxable amounts =$24,200

Enacted tax rate=21%

Let plug in the formula

Deferred tax liability balance =$24,200*21%

Deferred tax liability balance =$5,082

Therefore the balance in Kent's deferred tax liability account as of December 31, 2021 will be $5,082

You might be interested in
Consider a firm with a marginal cost that initially decreases, but after reaching a minimum then increases with output (that is,
Vika [28.1K]

Answer:

a. To produce at minimum average total cost, the firm must produce more output than it would need to produce at the minimum average variable cost.

Explanation:

The total cost of a firm minimizes when a firm produces more units. Variable cost of a firm is lower when there is more output produced. The average total cost includes the average fixed cost also for which output should be more so that total fixed cost is divided to the produced units resulting in lowest possible per unit cost.

6 0
3 years ago
What is the main purpose of the section trouble brewing
bearhunter [10]
The purpose of the section trouble brewing to help you find out what is going on with your system.
7 0
4 years ago
Jane sent her boss an e-mail suggesting that they have a performance review to see whether jane was ready for a raise. her boss
d1i1m1o1n [39]
She should have had face to face conversation because in an email words can express many misinterpreted feelings, she should have asked to have a personal meeting in the email over her review
8 0
3 years ago
Read 2 more answers
An increase in the price of a good causes a decline in demand for A. inferior goods. B. its substitutes. C. normal goods. D. its
ivolga24 [154]

Answer:

D. its complements.

Explanation:

A complement is a good or service used in conjuncture with another good. Therefore, if there is a decrease in the demand for a particular good, its complements will also see a decrease in demand. By the general supply and demand rule, an increase in the price of a good causes a decline in its demand and, therefore, causes a decline in demand for its complements.

6 0
4 years ago
You bought a stock one year ago for $ 50.00 per share and sold it today for $ 55.00 per share. It paid a $ 1.00 per share divide
fomenos

Answer:

a. 12%

b. 2% and 10%

Explanation:

a. The computation of the realized return is shown below:

= {(Ending share price - initial price) + Dividend} ÷ (Initial price) × 100

= {$1 + ($55 - $50)} ÷ $50

= 12%

b. The computation of the dividend yield and the capital gain is shown below:

Dividend yield

= (Dividend) ÷ (initial price) × 100

= $1 ÷ $50 × 100

= 2%

For capital gain yield:

= (Ending share price - initial price) ÷ (Initial price) × 100

= ($55 - $50) ÷ ($50) × 100

= $5 ÷ $50 × 100

= 10%

6 0
4 years ago
Other questions:
  • Find the after-tax return to a corporation that buys a share of preferred stock at $50, sells it at year-end at $50, and receive
    6·1 answer
  • All of the following statements about Group Life Insurance are true, except:
    15·1 answer
  • In one year, the Hotel by the Shore incurred $100,000 in fixed costs. Because the hotel booked 10,000 room nights, its total var
    14·1 answer
  • A primary source for getting specific information on a particular bill is A. your state representative. B. Washington daily news
    11·1 answer
  • Depasquale Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.51 direct l
    10·1 answer
  • All of these are pitfalls an organization should avoid in strategic planning except:_____________.1. using plans as a standard f
    7·1 answer
  • Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing f
    11·1 answer
  • Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. The profit margin is 6 per
    9·1 answer
  • What detail will a purchase specification for milk usually include?
    11·1 answer
  • samuel, a line worker in a factory, is required to produce 50 units to be paid $10. in the context of the schedules of reinforce
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!