<span>The answer is
that the taxes would be reduced by the following procedure;</span>
(Tax
deduction) * (Tax rate) = Your Answer
Applying this
formula;
<span>$1000 x 25% </span>
= (?)
<span>$1000 x 25/100 = $<span>250
</span></span>
<span>So the answer is that his taxes would be
reduced by
“$250”.</span>
<span><span>
Hope that is helpful :)</span></span>
Answer:
straight land contract
Explanation:
Based on the information provided within the question it can be said that the type of contract that is being illustrated in this scenario is a straight land contract. This is a contract where the interest cannot be overrided and payments are not specific, meaning that you can go paying the contract off little by little but the interest will adjust accordingly.
Answer:
Deferred tax liability = $26,000,000
Explanation:
The deferred tax liability is calculated at the tax rate of 40% on the future taxable income:
Deferred tax liability = $104,000,000*25%
Deferred tax liability = $26,000,000
Thus, $260,00,000 is the deferred tax asset or liability amount to be reported in the balance sheet as current or long term.
Answer: B. Doing so helped to maintain its reputation and good standing in nearby communities
Explanation: International Paper allowed free hunting, fishing and camping on its recreational timberlands as part of there commitment to the communities around them.
This act can be said to be International papers corporate social responsibility to the people around them
Answer:
A) 2.40 2.63
Explanation:
<u>Equivalent units Materials </u>
As they are added entirely at the beginning so equivalent units equals the physical units:
20,000 compelted + 10,000 ending: 30,000
<u>Equivalent units Conversion Cost</u>
completed and transferred-out + percentage of completion ending WIP inventory
20,000 completed + 10,000 x 40% = 24,000
Unit cost:
Materials:
72,000 / 30,000 = 2.40
Conversion Cost:
63,000 / 24,000 =2.625
