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Varvara68 [4.7K]
3 years ago
15

Which of the following statements about incorporation is true? Group of answer choices

Business
1 answer:
LenKa [72]3 years ago
4 0

Answer:

Correct option is (3)

Explanation:

Incorporation refers to the legal procedure of forming a corporation. The corporation has to be registered in one of the states. It is not necessary that the firm registered in a particular state need to have operations in the same state. It can conduct operations elsewhere, but, it is regulated by the laws established by the state of incorporation.

Articles of incorporation is the document which constitutes information regarding name of the company, address and details about board of directors. This is submitted at the time of incorporation. Requirements in articles of incorporation is more or less similar in every state but it can differ.

Tax rate levied on corporations vary from state to state depending on the place where operations are carried out.

Corporations can carry out operations in any state but need to be registered in only one state.

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Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0
Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less:  Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0
3 years ago
What considerations arise when designing a research study?
olga_2 [115]

Research participants should not be subjected to harm in any ways whatsoever. Respect for the dignity of research participants should be prioritised. Full consent should be obtained from the participants prior to the study.

6 0
3 years ago
In Germany, one worker can produce one cuckoo clock or one beer mug. In Taiwan, one worker can produce two cuckoo clocks or thre
vichka [17]

The country that has a  comparative advantage in the production of cuckoos is Germany.

The country that has a  comparative advantage in the production of beer mugs is Taiwan.

A country has a comparative advantage in the production of a good if it produces a good at a lower opportunity cost when compared with other countries.

Germany:

Opportunity cost in the production of cuckoo = 1/1 = 1

Opportunity cost in the production of beer mug = 1 /1 = 1

Taiwan:

Opportunity cost in the production of cuckoo = 3/2 = 1.5

Opportunity cost in the production of beer mug = 2/3 = 0.7

A similar question was answered here: brainly.com/question/14822137

5 0
3 years ago
Drag the tiles to the boxes to form correct pairs.
Mumz [18]

Answer: cost, labor, input, infrastructure

             

Explanation:this did the test on edmentum

6 0
3 years ago
Read 2 more answers
Conducting business on a global scale is a part of ________?
julia-pushkina [17]
Conducting business on a global scale is a part of GLOBALIZATION.

Globalization is a process of interaction of individuals, companies, and government all over the globe for the purpose of conducting business relations with the help of information technology.
4 0
3 years ago
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