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Kitty [74]
3 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]3 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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the house plan drawing titled "Elevation" shows the A. Inside views of different areas of the house B.outside views of the sides
Klio2033 [76]
The house plan drawing titled elevation shows the outside views of the house.
8 0
3 years ago
Priscilla owns 500 shares of Deltona stock. It is January 1, 2016, and the company recently issued a statement that it will pay
kotykmax [81]

Answer:

Priscilla's homemade dividend per share be in 2017 will be $3.585

Explanation:

In order to calculate what will be Priscilla's homemade dividend per share be in 2017 we would have to use the following formula:

homemade dividend=(Dividend in 2016×(1+Required rate))+Dividend in 2017

homemade dividend=($1×(1+8.5%))+$2.50

homemade dividend=$1.085+$2.50=$3.585

Priscilla's homemade dividend per share be in 2017 will be $3.585

7 0
3 years ago
Three good indicators of just how well a company's present strategy is working are
pav-90 [236]
<span>Three good indicators of just how well a company's present strategy is working are: 
</span>1.Whether the company is acquiring new customers at an attractive rate as well as <span>retaining existing customers
</span><span>2.Whether the company is achieving its financial and strategic objectives and whether it is an above-average industry performer. 
</span>3.Whether the firm’s image and reputation with its customers are growing stronger orweake
5 0
3 years ago
The objective of general-purpose financial reporting is to provide financial information about a reporting entity to each of the
Anna007 [38]

Answer:

D) All of these answers are correct.

Explanation:

A company's financial reports are not top secret, their taxes are based on them. They main purpose of preparing financial reports is to provide useful information for current and potential investors, and current and potential lenders.

Any company that needs to raise equity must show their financial reports to current and potential investors so that they can decide whether to invest or not in the company. Publicly traded corporations must present their financial records to the market. Every single bank (or any other type of lender including  investors willing to buy bonds) will request a copy of the financial statements to analyze if the company is going to be able to pay them back.

5 0
3 years ago
4. If the monthly finance charge on a loan is 1%, then the A.P.R. on that loan would be
zhannawk [14.2K]

Answer:

B. 12%

Explanation:

Given -  If the monthly finance charge on a loan is 1%

To find - The A.P.R. on that loan would be

1 year = 12 months

Given that, monthly finance charge = 1%

So,

Cumulatively,

Annual Percentage rate (APR) = 12×1% = 12%

So,

The correct option is - B. 12%

3 0
3 years ago
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