Answer:
Given:
Income before income taxes = $225,000
Book depreciation = $25,000
Nondeductible book expenses = $10,000
Tax rate = 40%
Enacted rate = 35%
Deferred income tax liability is computed as:
Deferred income tax liability = Book depreciation × Enacted rate
= $25,000 × 35%
= $8,750
Answer:
Collaborative relationship
Explanation:
Here, it requires at least 2 parties to consent to this and the aim is to allow mutual benefits between both parties where they both benefit from each other. Thus, with this, more resources can be pumped to get the appropriate supply that is technologically advanced and equipped to to be used to foster the business
Answer and Explanation:
Development is a significant part for any association. It makes ready for organization's sustenance and ensures that the association is rivalry in a sound way in the market. Be that as it may, overseeing advancement can be a precarious circumstance. So as to oversee advancement that can emerge out of where anyplace, the association needs to comprehend the significance of the development and the wellsprings of development.
Associations need to make arrangements to support developments, open dialog on these issues and advance individuals who achieve the changes. So as to do that the organization need to instill the way of life of advancement. This requires changes in the manner association works, the objectives, the crucial vision of the organization. The estimation of the organization must be set up in a manner that advances development and prizes the individuals who are engaged with this procedure.
Answer:
A. Consumers will be more likely to buy luxury goods in foreign markets.
Answer:
Prepaid insurance.......Dr 3,420
To Insurance expense 3,420
(being only 5 months of expenditure to be charged current year and rest to be show as prepaid expenditure)
Explanation:
