I believe the answer is d., the federal budget.
Answer:
Parts of Email:
Part 2 of the email is part of Introduction and Details as explained below.
Explanation:
Emails can be divided into six major components:
1. Subject Line: Proposed Agenda for November 6 Meeting
2. Greeting: Dear Ms. Stanford
3. Intro/Purpose: Please review the following agenda for our next shareholder meeting and recommend any changes.
4. Details: Agenda for our next shareholder meeting
• Rising stock prices
• Discussion of new investors
• Portfolios and new funding
• Introduction of new vice-president
5. Ask/Action: Please send any changes to the agenda to me by 3:00 p.m., November 3.
6.Closing/Sign-off: Many thanks, Thomas Thomas Gregory Financial Analyst Office: 854.454.4356 Fax: 435.458.9738 Cell: 834.435.8490
Answer:
The correct answer is letter "B": A decrease in a deferred tax asset.
Explanation:
A Deferred Tax Asset is an asset on a balance sheet of a business that can be used to lower taxable income. It is the opposite of deferred tax liability that reflects something that will increase income taxes. Both are listed under current assets on the Balance Sheet.
The deferred tax asset will be generated when recorded income taxes owed are higher than the income taxes paid to the Government.
Thus, <em>a decrease in deferred tax is recorded when a company has collected revenue in advance for a good not delivered or a service not rendered yet.</em>
Answer: Option (B) is correct.
Explanation:
Given that,
Coolant (used in the office air-conditioning system) cost = $15,000
Property taxes on factory building = $45,000
Depreciation on trucks = $10,000
Salary paid = $2,000
Period cost = Coolant cost + Depreciation on trucks
= $15,000 + $10,000
= $25,000
