Answer:
$420,000 deferred tax asset
Explanation:
Deferred-tax assets are asset that occurred when company's or organization record income tax is less than the one which is been paid to the tax authority.
Taxable income 3,200,000
Less;Income (per books before income taxes) $2,000,000
Total $1,200,000
Therefore
$1,200,000×35%
=$420,000 deferred tax asset.
Cross record should record $420,000 as a net deferred tax asset or liability for the year ended December 31, 2018
<u>Benefits of Indirect distribution channel:</u>
An indirect channel of distribution normally includes an item going through extra strides as it moves from the assembling industry by means of merchants to wholesalers and afterward retail locations. Some benefits of Indirect distribution channel are:
- They access an expanded buyer base without the test of getting the client through the entryway.
- This awards more opportunity to concentrate on their item, their client base and expanding the scope of their objective buyer.
- It will make simpler for clients to discover your items.
- There is additionally an imperative on the organization's opportunity to set costs.
- It profits by your outsider's understanding, foundation, and salesforce.
- Web based shopping takes into account expanded straightforwardness, which is a gigantic factor for purchasers hoping to look at surveys or quest at the most reduced cost.
- This stays away from the multifaceted nature of overseeing appropriation coordinations.
Answer:
Net Cash outflow from investing activities = $28 million
Explanation:
Investing activities are the activities in nature to acquire/sell assets, which will generate future economic benefits, and income thereof from such assets.
Out of the above provided information, following are investing activities
- Cash paid to acquire a patent $48
- Proceeds from sale of land and buildings $75
- Investment revenue received $15
- Cash paid to acquire office equipment $70
Net Cash outflow from investing activities = $48 - $75 - $15 + $70 = $28 million
Note:
- Treasury stock is purchase of own equity from market thus is a part of financing activity.
- Proceeds from sale of land and building is to be considered and the net gain from such transaction is deducted from operating income in cash flow statement.
- Cash paid to acquire office equipment is for future long term benefit and is part of investing activity.
Net Cash outflow from investing activities = $28 million
Answer:
5 ways to move and market your local service business online
1.Create a website. ...
2.Turn your services into products. ...
3.Set up video conferencing sessions. ...
4.Adopt a pickup and delivery model. ...
5.Create a local SEO strategy.
Slogan. A slogan is like a catch phrase a company uses to gain popularity