The power and responsibilities of the top management of a corporation is : A. they manage the day to day operations of the corporation
For example, if you're a Relationship manager, you are obliged to handled all the things related in maintaining good relationship with the customers
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Answer:
b. limited-life or indefinite-life.
Explanation:
As we know that as per current accounting practice, intangible assets are classified as Limited-life or indefinite-life.
Answer:
$3,604
Explanation:
Calculation for what Smith's deferred income tax expense or benefit would be:
Using this formula
Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate
Let plug in the formula
Deferred income tax expense =($51,200-$40,600)*21%
Deferred income tax expense =$10,600*34%
Deferred income tax expense =$3,604
Therefore Smith's deferred income tax expense or benefit would be:$3,604
Answer:
A. not affect the total value of any of the equity accounts.
Explanation:
A balance sheet can be defined as a financial statement of an organization which is typically used to record financial informations liabilities, capital, shareholder's equity, assets, debts at a specific period of time.
In respect to a balance sheet, a stock split will not affect the total value of any of the equity accounts.
A stock split can be defined as a process in which a company divides its existing shares of the stock it owns into multiple new shares to its shareholders in proportion to the amount of their holdings. Thus, a stock split will not affect the total value of any of the equity accounts with respect to a balance sheet.
Answer:
The total product cost is $98,230
Explanation:
The product cost is that cost which is related to the manufacturing of a product
The computation of the total product cost is shown below:
= Direct labor + Metal to make the exterior shell of the washing machines + Electricity to run the machinery in the factory + Salary of the manager who oversees the manufacturing
= $20,906 + $50,181 + $18,939 + $8,204
= $98,230
So, this cost which are considered in the computation part is product cost and the rest cost are ignored.
