Answer:
Given:
Income before income taxes = $225,000
Book depreciation = $25,000
Nondeductible book expenses = $10,000
Tax rate = 40%
Enacted rate = 35%
Deferred income tax liability is computed as:
Deferred income tax liability = Book depreciation × Enacted rate
= $25,000 × 35%
= $8,750
Answer:
C) $120,000
Explanation:
Since Copper corporation owns 65% of Bronze Corporation, its dividends received deduction (DRD) is 80% of the dividends received.
- stake at another corporation is less than 20%, DRD = 70%
- stake at another corporation is between 20% to 80%, DRD = 80% (Copper's case)
- stake at another corporation is higher than 80%, DRD = 100%
Therefore, if Copper received $150,000 in dividends from Bronze, it can deduct 80% of that amount = 80% x $150,000 = $120,000
The answer to this is false because all they want is for you to use their card and then it will hurt you credit score because then you will have to pay interest rates.
So it is false
Answer:
Explanation:
Apply first discount to original price
apply next discount to discounted price
etc
Quality control is a system maintaining standards in manufacturing products by testing a sample of the output against the specification.
Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses.
Hope this helped :)
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