Answer:
The corporation's current income tax expense or benefit would be $86,940.
Note: The Internal Revenue Service (IRS) 2019 tax rate of 21% for corporation is used since the tax rate is not given in the question.
Explanation:
Details Amount ($)
Pretax book income 620,000
Favorable temporary differences (160,000)
Unfavorable temporary differences 106,000
Favorable permanent differences <u> (152,000) </u>
Adjusted income 414,000
Tax expenses (at 21%) <u> (86,940) </u>
Profit after tax <u> 327,060 </u>
Therefore, the corporation's current income tax expense or benefit would be $86,940.
Note: The Internal Revenue Service (IRS) 2019 tax rate of 21% for corporation is used since the tax rate is not given in the question.
Answer:
D. 102.2
Explanation:
Using a simultaneous equation
Since the year is constant
We will use the the basis and municipal bond as our variables
So equation 1 = 7x+5y=104
Eqn ii= 6x + 5y= 101
Using eliminating method
X=3
Substitute for x in equation 1 to get the value of y
7(3) + 5y=104
5y=104-21
Y=16.6
To get the price for the percent of 6.40 at 5% basis substitute for the value of X and Y respectively in the both equation
6.4x+5y=?
6.4(3) + 5(16.6)=
19.2+83=102.2
Solution:
Given :
Location game with 9 possible and other than the players who are moving simultaneously and also independently, but they move in a sequential manner.
Vendor 1 selects a location.
After observing decision of vendor 1, vendor 2 chooses where to locate.
Using backward induction the game is solved as below :
-- will be a Nash equilibrium.
-- Presently (vendor 1) picks first then he will likewise get the chance to pick last as this another move amusement.
-- In the end of the game, vendor 1 will have claimed five regions and candidate 2 (vendor 2) will have claimed four regions.
-- So vendor 2 will keep this in mind and apply backward induction and choose the best regions early on the game.
-- Vendor 2 will keep in mind that vendor 1 will choose last and will ensure that his choices take up the best locations first.
--- This will be his ideal technique for each activity of vendor 1.
Hence this is the Nash equilibrium.
"Joaquin should take the class because a promotion will mean a larger salary over the long term compared to a single cash advantage" statement is true.
<u>Explanation:</u>
The promotion campaign aims at raising awareness, building curiosity, generating sales or creating brand loyalty. Thus Joaquin should devote for classes of vocational training by investing money in order to learn promotion techniques and advantages which can benefit him in large scale in future rather than investing money for saving for retirement purpose. Because it is slow-process with consistency.It is considered as single cash advantage, where one time money is saved and will be benefited only after retirement that also limited.
Answer:
(b) Internal failure costs (d) Prevention cost
Explanation:
(a) External failure costs are those costs incurred due to product failures after they have been sold to customers. These costs include: Legal fees related to customer lawsuits. Loss of future sales from dissatisfied customers.
b) Appraisal costs are a specific category of quality control costs. Companies pay appraisal costs as part of the quality control process to ensure that their products and services meet customer expectations and regulatory requirements. These costs could include expenses for field tests and inspections
(c) Internal failure costs are those costs of quality associated with product failures that are discovered before a product leaves the factory. These failures are discovered through the firm's internal inspection processes.
(d) Prevention costs are those costs incurred to avoid or minimize the number of defects at first place are known as prevention costs. Some examples of prevention costs are improvement of manufacturing processes, workers training, quality engineering, statistical process control