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Kitty [74]
4 years ago
11

The payment represents rent for the years 2022 and 2023, the period covered by the lease. Kraft Company is a cash basis taxpayer

. Kraft has income tax payable of $230,000 at the end of 2021, and its tax rate is 25%. What amount of income tax expense should Kraft Company report at the end of 2021?
Business
1 answer:
anygoal [31]4 years ago
5 0

Answer:

Don't know the answer but gl

Explanation:

just neeed to use the app for answer hope you have a good day ;]

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Define ethics, and describe the role that it plays in discretionary decision making. Give an example.
Lerok [7]

Explanation:

Ethics can be defined as the study of the behaviors that guide human behavior, that is, society is developed through a set of moral behaviors that define its values ​​and its conception of which human behaviors and attitudes are positive or negative. Ethics then emerges as the standardization of these behaviors and moral values, it is a code of conduct for positive actions by man in society in all areas of life.

In discretionary decisions, in which there is a possibility of interpretation by the legislators, ethics appears as a normative instrument for the conduct of decisions, being a guide for the legislator to decide for what will have greater ethical value and benefits for society.

6 0
3 years ago
Inventory items with a cost of $3090 were excluded from ending inventory. These goods were in transit from Flores company to Bar
Dovator [93]

Answer:

the journal entry to record this adjustment would be:

December 31, 202x, adjustment to merchandise inventory

Dr Accounts payable 3,090

    Cr Merchandise inventory 3,090

When goods are purchased FOB destination, the title of the goods passes only after the goods have been delivered to the buyer. Also, freight costs should be paid by the seller. When goods are purchased FOB shipping point, the title of the goods passes after the goods leave the seller's dock, they are considered property of the buyer even if they haven't arrived yet. Freight costs are generally paid by the buyer.

3 0
3 years ago
Financial choices revolve around three primary decisions: spending, saving, and
slamgirl [31]
Answer: borrowing.

When you have money you have to decide whether you want to spend/invest it or save for future spending. If you save it is because you can earn interests and increase the value of your money.

Yet, you have a third option to consider. You can borrow money. Whether it is better to borrow money to spend today is a financial issue, and the convenience will depend on the cost of that money (the interests that you have to pay to the bank) and the benefits of using it. 
8 0
3 years ago
Read 2 more answers
Which may occur as a result of a decrease in the price of laptop computers?
Nimfa-mama [501]

Answer:

<em>Increase in quantity demanded</em>

Explanation:

Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.

There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.

<u><em>Change in quantity demand</em></u>

Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.

<em>A change in the price of a product will produce an opposite change in  the quantity that consumers  are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.</em>

<u><em>Change in demand</em></u>

<em>Change in demand is the shift in the demand curve to either right or left.  This can be attributed to any of the factors that affect demand other the price e.g change in income.</em>

<em>Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded</em> .

5 0
3 years ago
Eurenasia is a country that has frequently been assigned low macro-assessment ratings of country risk in the recent past due to
castortr0y [4]

Answer:

Eurenasia is a country that has frequently been assigned low macro-assessment ratings of country risk in the recent past due to its tendency to war with neighboring nations. MNC A is considering the establishment of a subsidiary to manufacture personal computers, while MNC B is considering the establishment of a subsidiary to manufacture tanks. Which of the two MNCs is likely to be less affected by the low macro-assessment?

Option B is correct -  MNC B  will be less affected by low macro-assessment.

Explanation:

Due to the tendency of Eurenasi to war with neighboring countries, the manufacture of tanks by MNC B  will be less affected by low macro-assessment because, during war periods, tank sales will increase. Whereas, Low macro assessment will affect MNC A because it selling computers will be affected by war.

Therefore, Option B is correct -  MNC B  will be less affected by low macro-assessment.

3 0
3 years ago
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