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Ludmilka [50]
3 years ago
7

At December 31, DePaul Corporation had the following cumulative temporary differences associated with its operations:_____.

Business
1 answer:
diamong [38]3 years ago
7 0

Answer and Explanation:

The computation is shown below:

Net deferred tax liability is

= (Taxable temporary differences - Deductible temporary differences) × Tax rate

= ($120 million + $60 million - $40 milllion - $40 million) × 25%

= $25 million

Hence, it shows the net deferred tax liability of $25 million and the same is to be considered

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Barbara made a contract to sell a house to Bolton. The agreement stated that it was contingent upon the buyer being able to secu
Levart [38]

Answer and Explanation:

A due on sale clause is simply a stipulation in the mortagage agreement that the

"borrower if he wants to sell the property to some other person, first of all he (borrower) shall repay the entire outstanding mortagage amount and then only it is possible to sell the property which is secured under Mortagage agreement.

Hence in essence, the borrower must repay before selling it to some other person which will result in paying the sale proceeds of house to the lender first and the Borrower again has to take loan sometimes from the same lender.

Hence it is imperative that the mortagage obligation cannot be transferred to any other person. That is any subsequent buyer cannot ASSUME the mortagage. Therefore due on sale

Clause prevents assuming of mortagages.

6 0
3 years ago
Why did the assembly line make goods less expensive to buy?
Dafna1 [17]
Goods were able to be produced faster and more efficiently.
8 0
3 years ago
If the U.S. government was concerned that the depreciating value of the US$ caused the Japanese government unstable, it would se
Fittoniya [83]

If the U.S. government was concerned that the depreciating value of the US$ caused the Japanese government unstable, it would sell yen in the foreign exchange market. If successful the $/yen exchange rate would decline.

Explanation:

Yen that would increase market yen supply and market dollar demand, which would stabilise the dollar price. $/yen means the number of dollars for yen that may be purchased.

This value will decline as the dollar begins to appreciate.

The average Nikkei 225 fell by 7.2 percent relative to its April point at 14 May. And, in April, the yen increased to 109-110 from 112-113 to the dollar. The fall of the stock market did not cause the yen to rise for the first time. As the following chart shows, Japan's stock market downturn has been strongly influenced since 2004 by a high yen as a result of the increase in stock prices.

3 0
3 years ago
Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the be
seropon [69]

Answer:

The company's turnover rounded to the nearest tenth: C) 9.5

Explanation:

Asset turnover helps investors understand how effectively companies are using their assets to generate sales. Asset turnover is calculated by using following formula:

Asset Turnover =  Total Sales or Revenue/ Average Total Assets  

where:

Average Total Assets = (Beginning Assets + Ending Assets )/2 = (Assets at the beginning of year  +Assets at end of year )/2

In the House of Orange:

Average Total Assets = ($84,000 + $90,000)/2 = $87,000

Asset Turnover = $826,650/$87,000 = 9.5

7 0
3 years ago
PLEASE HELP ME????
zalisa [80]
B is the answer a teenage requires between 7 to 8 hours sleep
6 0
3 years ago
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