Answer:
The Journal entries are as follows:
(i) In 2018,
Income Tax Expense A/c Dr. $24
Deferred Tax Assets A/c ($40 × 30%) Dr. $12
To Income Tax Payable ($120 × 30%) $36
(Being income tax and deferred tax recorded for 2018)
(ii) In 2019,
Income Tax Expense A/c Dr. $45
To Income Tax Payable ($140 × 30%) $42
To Deferred Tax Assets ($10 × 30%) $3
(Being income tax and deferred tax recorded for 2019)
Answer:
introduction stage
Explanation:
it's making me have 20 characters so it's just introduction stage to introduce a new product
I think this is a cooperative
Answer:
Instructions are below.
Explanation:
Giving the following information:
Total fixed costs= 300,000
Total costs= $450,000
Units= 120,000
A) Unitary variable cost= 150,000/120,000= $1.25
B) Units= 75,000
<u>The fixed costs remain constant no matter how many units are made (between relevant ranges).</u>
Total fixed costs= $300,000
C) UNits= 160,000
Total variable costs= 1.25*160,000= $200,000
D) Units= 180,000
Total fixed costs= 300,000
Total variable costs= 1.25*180,0000= 225,000
Total costs= $525,000
When the stock markets crash, the businesses crash because the economy relies on the circulation of money to stay alive, when stock markets crash, money is slowing down and businesses can't afford to keep their business