Answer:
A cost allocation method
Explanation:
Depreciation is expensing the cost of acquiring a machinery over its useful life.
Answer: Increase / Gain of $36,000
Explanation:
Remeasurement loss, which arises from conversions of the various currencies used by the company to a functional currency, goes to the Income statement and is subtracted from the Net income.
Translation gains on the other hand, are added to the Other Comprehensive income.
The other comprehensive income will therefore increase by the translation gain of $36,000.
Answer:
Texas' average annual wages were $57,382
One of the ways to characterize international dimension of legal business environment is to:
- b,explain the relevance of each factors and the interplays with the international business activities.
<h3>What are Legal Business Dimensions?</h3>
This refers to the different parts of the legal business system which are contained in a law firm and they can be divided into:
- Civil law
- Property law
- Litigation
- Environmental law, etc
With this in mind, we can see that these different dimensions of the legal business environment are important to the international business activities and as such they all need each other to properly function.
Read more about law here:
brainly.com/question/25545050
<span>Through use of a loss carry back, a company may carry the net operating loss back two years and receive refunds for income taxes paid in those years
So if we loss carry back for Prior Years 2011 and 2012
On profit 2011 we calculate tax of 40% (150000x40%) = 60000
On profit 2012 we calculate tax of 40% (150000x40%) = 60000
Total 120,000 is deducted from the 2013 loss of 650,000= 530,000
The remaining 530,000 we can carry forward (As per tax rules we can carry forward loss up to 20 years)
If we carry forward the loss of 530,000 to redeem completely it will take 6.3years if every year we redeem 60000
If we carry forward the amount we will not pay any tax for next 6.3 years
So the Firm's tax liability is zero for next 6.3years
So for 2014,15,16,17,18 the Firm's tax liability is zero</span>
