Answer:
Dr Income Tax Expense 120,000
Cr Deferred Tax Liability 120,000
Explanation:
Deferred tax liability can be defined as the tax liability which has been due for the current period but has not yet been paid such as installment sales receivable.
Fell Corporation journal entry for to adjust the deferred tax liability
Dr Income Tax Expense 120,000
Cr Deferred Tax Liability 120,000
$2,000,000 x .4 = $800,000
$800,000- $680,000 = $120,000
Answer:
Research shows that customers often find a gap in their expectations versus what the company actually delivers as an experience. Creating positive post purchase customer experience is a great way for companies to build a relationship with their customers, and build engagement and loyalty for their products and brand.
Answer:
As indicated in your reading in week 6, the overall effectiveness of an ad is a combination of three variables. List and describe these three variables.
Explanation:
a
b
c
Answer:
1,000 long term capital gain
Explanation:
The practice of transferring portions of production and service activities to lower-cost, often overseas locations is known as OUTSOURCING.
Outsourcing: Outsourcing is the process of contracting a third party from outside a business to carry out tasks or produce commodities that were previously done internally by the business's own staff and employees. Companies typically engage in outsourcing as a means of reducing costs.
Benefits of Outsourcing:
1) Lower prices (due to economies of scale or lower labor rates)
2) More effectiveness.
3) Fluctuating capacity
4) Heightened attention to strategy and key skills.
5) Access to knowledge or assets.
6) Improved adaptability to evolving commercial and corporate environments.
7) Shortened time to market.
The practice of transferring portions of production and service activities to lower-cost, often overseas locations is known as OUTSOURCING.
To learn more about Outsourcing, visit the following link:
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