Answer:
$176,800
Explanation:
Operating income ×income tax rate
$520,000 × 34% = $176,800
Therefore Provincial would report $176,800 of income tax expense as a separately stated line item in the income statement because $520,000 is the operating income tax before-tax income statement items and 34% is the actual income rate.
The bond payments are more predictable than stocks because bond owners know the size and timing of payments they will receive.
Bonds refers to the promise by a borrower to pay the lender his/her principal and the interest on the loan given.
- Bonds is an instrument used by company as an alternatives to taking a loan from banks.
- Generally, the bond payments are more predictable than stocks because bond owners know the size and timing of payments they will receive.
Therefore, the Option C is correct.
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Answer:
A consumer co-operative
Explanation:
A consumer co-operative is a type of retail business owned by an association of consumers. The consumers who form the venture manage it and share in its profits. The main objective of starting a consumer co-operative is to eliminate intermediaries.
A consumer co-operative has the benefit of economies of scale as it purchases in bulk. It can afford to offer its members more competitive prices. Members of the co-operative share profits in the ratio of capital contribution. Their liability is limited to share contribution. Membership is voluntary, and they usually transact on a cash basis.
Answer:
A tract of land used for raising crops or livestockcan be called a field or a farm.
