Companies with strong safety cultures usually have lower

Creswell Farms produces and sells clover honey and wants to expand its product line. A brainstorming session results in 40 diffe

Gwar [14]

Answer:

In this scenario, Creswell Farms is in the idea generation stage of the new product development process.

Explanation:

Idea generation stage refers to the stage which involves the creation, development, and communication of the ideas. The process involves the construction of the idea and transforming the concepts into reality. The initiation of a project begins with the generation of the idea generation stage. In the above case, the suggestions are provided which would help the business of the product. Hence, this refers to the idea generation stage.

7 0

2 years ago

Which of the following accurately describes a shortage?

muminat

"Consumer demand for a certain car is greater than the number of cars that can be produced" is the one among the following that <span>accurately describes a shortage. The correct option among all the options that are given in the question is the first option or option "a". I hope the answer helps you.</span>

3 0

2 years ago

Read 2 more answers

"Ayres Services acquired an asset for $80 million in 2021. The asset is depreciated for financial reporting purposes over four y

Zepler [3.9K]

a. The cumulative temporary book-tax difference for the depreciable asset are as follows:

December 31, 2021 = $60 million

December 31, 2022 = $40 million

December 31, 2023 = $20 million

December 31, 2024 = $0

b. The balance to be reported in the deferred tax liability account are as follows.

December 31, 2021 = $15 million

December 31, 2022 = $10 million

December 31, 2023 = $5 million

December 31, 2024 = $0

Explanation:

Note: See the attached excel file for the calculation of cumulative temporary book-tax difference for the depreciable asset and the balance to be reported in the deferred tax liability account for December 31 of years 2021, 2022, 2023 and 2024 in bold red color.

In the attached excel file, the following formula are used:

Cumulative Temporary differences at December 31 of the current year = Cumulative Temporary differences at December 31 of the previous year + (Depreciation on the tax return at December 31 of the current year - Depreciation on the income statement at December 31 of the current year)

Balance to be reported in deferred tax liability account at December 31 of the current year = Cumulative Temporary differences at December 31 of the current year * Tax rate

8 0

3 years ago

Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreci

PIT_PIT [208]

Answer:

$3,210.94

Explanation:

The NOPAT of the Edwards electronics can be determined through the following mentioned method.

Sales: $11,250

Operating costs: ($5,500)

Depreciation: ($1,250)

Interest payment ($218.75)

($3,500*6.25%)

Profit before tax $4,281.25

Taxes(25%) ($1,070.31)

NOPAT $3,210.94

7 0

3 years ago

In 1998 the foreign trade term most favored nation was changed to what

aliina [53]

In 1998 the foreign trade term most favored nation changed into normal trade relation. Most favored nation is a term given by a country to another country. This term show that country interested to increase the trade between them. A country with this term will get some benefit from the giving country because the giving country may reduce their protection in trade to the country with the most favored nation term<span>.</span>

7 0

3 years ago