Answer: $570000
Explanation:
The book-tax difference, that's associated with its federal income tax expense that Seatax should have reported when computing its year 1 taxable income will be $570000.
It should be noted that the $570000 for the book tax difference is permanent as it isn't reversible for.the next fiscal period.
Answer:
The answer is a. Respectful communication.
Explanation:
Respectful communication involves encouraging participants to exchange ideas, further develop those ideas during the session, and to respect the opinions of others
Answer:
C. 1.25
Explanation:
Mathematically;
Capacity utilization rate= actual output per hour / operating level rate per hour
Actually output per hour= 500units
Operating level rate per hour= 400
Hence,
Capacity utilization rate= 500/400
Capacity utilization rate= 1.25
Answer:
20%
Explanation:
The computation of the discount rate per year is shown below:
As we know that
Discount factor = 1 ÷ (1 + Interest rate)^number of years
0.8333 = 1 ÷ (1 + Interest rate)^1
1 + Interest rate = 1 ÷ 0.8333
Interest rate = 1.20 - 1
Interest rate = 0.20 or 20%
Hence, the interest rate is 20% by applying the discount factor formula which is shown above
