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Mnenie [13.5K]
4 years ago
10

Mitchell Corporation prepared the following reconciliation for its first year of operations:

Business
1 answer:
Molodets [167]4 years ago
3 0

Answer:

$140,000

Explanation:

The amount that should be reported in Mitchell Corporation income statement in 2018 as deferred portion of income tax expense is the originating temporary difference of $350,000 multiplied by the  rate of tax by which the temporary difference will reverse itself,which is 40% tax rate not the applicable tax rate in 2015 of 35%.

In other words,the deferred portion of income tax expense is $140,000($350,000*40%).

The appropriate entries would to debit income tax expense and credit deferred tax liability with $140,000

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While there is an extensive literature on child care quality developed from the perspectives of psychology and education,the study of the cost of child care by economists, and especially the relation between cost and quality of services, is fairly limited.
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3 years ago
Universal Containers (UC) is both a Salesforce and Google Apps customer. The UC IT team would like to manage the users for both
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b) Use a third-party product as the Identity Provider for both Salesforce and Google Apps and manage the provisioning from there.

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When using a third party as identity provider (for creating and managing prinipal identity information and providing authentication service to both Salesforce and Google Apps).

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4 years ago
Ginny was hired by her company because she agreed to work overtime and carry out all tasks assigned to her as per the instructio
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Answer:

B. Traditional work group

Explanation:

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7 0
3 years ago
The Clemson Company reported the following results last year for the manufacture and sale of one of its products known as a Tam.
Nikitich [7]

Answer:

See below

Explanation:

With regards to the above information, there would be no sales if Tam were to be dropped. Also, there would be no cost associated with it other than $145,000 fixed manufacturing overhead.

Again, since the net loss operating loss was $55,000, the $145,000 would increase that loss by $90,000.

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3 years ago
It is was that 5% product of a lot are defective, if 8 products are selected randomly, what is the probability of getting lessTh
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Answer:

QUIERES SER MI AMIGO?

ESQUE ANDO BURRIDO

6 0
4 years ago
Read 2 more answers
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