Answer: (C) Problem-solution
Explanation:
According to the question, the Fred is using the problem solution pattern of an organization. Fred is delivering a speech on the legal decision in the united state (US) civil right movement.
The civil right movement is one of the struggle movement in the united state. It main goal is to enforce many legal and constitutional rights for the African Americans.
Answer:
$7,266 net deferred tax expense.
Explanation:
Calculation to determine what deferred income tax expense or benefit would be
Using this formula
Deferred income tax expense=[(Tax depreciation exceeded book depreciation-Increase in reserve for bad debts)* Tax rate ]
Let plug in the formula
Deferred income tax expense=[($40,400-$5,800)*21%]
Deferred income tax expense=34,600*21%
Deferred income tax expense=$7,266
Therefore the deferred income tax expense or benefit would be $7,266
Answer: Measurement and presentation of financial performance
Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.
The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.
Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.
Answer:
Please find the complete question and its solution file in the attachment.
Explanation:
Timing of shifts in Boerkian's net money assets
Date Particulars Stickles Exchange Rate Dollars
1-Jan Assets 
1-May Service Revenue 
1-Oct Operating Expenses 
31-Dec Net Assets 
31-Dec Net Assets at Current Exchange Rate on Dec.31 
31-Dec Gain
The profit is $6,800 for the subsidiary. The exchange rate is higher on 31 December.
Answer:
$ 0.61 per unit
Explanation:
The unit-of-activity method is one of the asset depreciation methods. Under this method, the depreciable cost of the asset is spread over the units produced. The formula is a more accurate measure of wear and tear.
In this case:
Depreciable cost=(purchase price -salvage value)
=$52000.00 -$3200.00
=$48,800.00
Depreciation per unit= Depricable cost / expected production
=$48,800/80000
=$ 0.61per unit
