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valentinak56 [21]
3 years ago
9

greene co. has pretax book income for the year ended december 31, 2019 in the amount of 265000 and has a tax rate of 30%. Deprec

iation for tax purposes exceeds book depreciation by 14500 what should greene co. record as its federal income tax liability for 2018?A) $91,450B) $92,850C) $88,500D) $84,150
Business
1 answer:
Gennadij [26K]3 years ago
8 0

Answer:

Pre-tax book income $265,000

Less depreciation additional charge $14,500

Taxable income $250,500

Tax liability at 30% = $75,150

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I think it’s an Individualist society

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2 years ago
On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway p
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Answer:

DR Interest receivable                                  26,400

CR Interest revenue                                                       26,400

Explanation:

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3 years ago
The responsibility for evaluating new technologies, new ideas, and new capabilities and identifying those that are most relevant
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The chief technology officer (CTO) is the highest technical leadership position within a company, leading the technical or engineering department. Create policies and procedures and use technology to improve our external customer-focused products and services.

The Chief Technology Officer (CTO) is the executive responsible for overseeing the entire IT department and integrating business needs and requirements into IT planning and operations. It's important to distinguish their role from that of the Chief Information Officer (CIO). The Chief Information Officer (CIO) role focuses on technology that internally guides an organization through the management of its infrastructure. The Chief Technology Officer has a job description focused on developing technologies for customer sales and the external growth of the company. The CTO and her CIO often combine their technical and engineering knowledge to work together for the benefit of the entire organization.

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2 years ago
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