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IgorLugansk [536]
3 years ago
11

The 2016 Form 10-K of Dow Chemical disclosed the following: Deferred tax assets increased by $939 million and deferred tax liabi

lities increased by $336 million. How do these balance-sheet changes affect tax expense on the income statement for the year?
Increase tax expense by $1,275 million
Decrease tax expense by $1,275 million
Increase tax expense by $603 million
Decrease tax expense by $603 million
None of the above
Business
1 answer:
Ksenya-84 [330]3 years ago
5 0

Answer:

Decrease tax expense by $1,275 million

Explanation:

Changes in deferred tax asset account inversely affects tax expense. Changes in the deferred tax liability account, directly affects tax expense.

The increase in deferred tax assets and decrease in deferred tax liabilities both decrease tax expense for the year

= $939 + $336 million

= $1275 million

Therefore, These balance-sheet changes will affect tax expense on the income statement for the year by Decreasing the tax expense by $1,275 million.

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Do you feel that it is ethical and/or appropriate to utilize a "Bottom of the Pyramid" strategy where you make money off the wor
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Answer:

Explanation:

The Bottom of the Pyramid strategies focuses on improving widespread poverty while providing profits and growth for multinational companies at the same time. With this definition, it is an ethical business model because it the companies are profiting but at the same time those at the bottom of the pyramid are benefiting, usually from having jobs. It would be unethical if these companies were simply taking from the individuals at the bottom of the pyramid.

3 0
3 years ago
A coffee shop buys 2000 bags of their most popular coffee beans each month. The cost of ordering and receiving shipments is $12
aleksley [76]

Solution :

The optimal order quantity, EOQ = $\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$

EOQ = $\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$

        = 115.47

The expected number of orders = $\frac{\text{demand}}{EOQ}$

                                                      $=\frac{2000}{115.47}$

                                                      = 17.32

The daily demand = demand / number of working days

                               $=\frac{2000}{240}$

                              = 8.33

The time between the orders = EOQ / daily demand

                                                 $=\frac{115.47}{8.33}$

                                                  = 13.86 days

ROP  = ( Daily demand x lead time ) + safety stock

        $=(8.33 \times 8)+10$

         = 76.64

The annual holding cost = $\frac{EOQ}{2} \times \text{holding cost}$

                                         $=\frac{115.47}{2} \times 3.6$

                                         = 207.85

The annual ordering cost = $\frac{\text{demand}}{EOQ} \times \text{ordering cost}$

                                           $=\frac{2000}{115.47} \times 12$

                                           = 207.85

So the total inventory cost = annual holding cost + annual ordering cost

                                            = 207.85 + 207.85

                                            = 415.7

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I know this will be deleted but any on wanna play pad lethttps://pad let.com/ejkindred27
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Answer:

sure

Explanation:

what game?

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Helping their employees develop their own decision-making approach.

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