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kramer
3 years ago
8

Flounder Corporation had pretax financial income of $185,000 and taxable income of $117,000. The difference is due to the use of

different depreciation methods for tax and accounting purposes. The effective tax rate is 20%.Compute the amount to be reported as income taxes payable at December 31, 2017.
Business
1 answer:
WINSTONCH [101]3 years ago
8 0

Answer:

hi my name is lucy if I help u u help me ok mate the answer is 7/80

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In order for an importer to be found compliant under the concept of informed compliance, it must demonstrate that it has exercis
Rudiy27

Answer:

True

Explanation:

For instance, for a car importer to become compliant, the importer must show that it exercised reasonable care in the filing of its Customs entries—by following a standard of behavior set by the law. Which includes hiring a customs specialist

6 0
3 years ago
Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba
Irina18 [472]

Answer:

b. 7.35%

Explanation:

Calculation for What is the best estimate of the after-tax cost of debt

First step is to use financial calculator to find I/Y

FV= 1,000

N=20 years *2 = 40

PMT=9%*1,000/2 = 45

PV = -930.41

I/Y=?

Hence,

I/Y = 4.9%

Second step is to calculate YTM

YTM=4.9%*2

YTM= 9.8%

Now let Calculate the best estimate of the after-tax cost of debt

Using this formula

After tax cost of debt = YTM*(1-tax rate)

Let plug in the formula

After tax cost of debt =9.8%*(1-25%)

After tax cost of debt =9.8*75%

After tax cost of debt =0.0735*100

After tax cost of debt == 7.35%

Therefore the best estimate of the after-tax cost of debt will be 7.35%

4 0
3 years ago
Applying professor terry hill's generic strategy framework to mcdonald's, the operating design choices of resource scheduling, i
Olegator [25]
<span>Operational Excellence. The strategy used by McDonald's matches Terry Hill's 5 step method for attaining operational excellence.</span>
5 0
4 years ago
The three most widely recognized types of consumer decision making are:A) limited problem solving, extended problem solving, and
Zielflug [23.3K]

Answer:

The correct answer is (A)

Explanation:

The three most effective and recognised consumer problem-solving methods are extended problem solving, limited problem solving, and routine response behaviour. Extended problem and limited problem-solving methods help to identify the best products and provide information to the customer regarding a product and a brand. Meanwhile, routine problem response behaviour helps to choose products and services which are common and require little decision-making effort.

7 0
3 years ago
Quick Computing currently sells 10 million computer chips each year at a price of $20 per chip. It is about to introduce a new c
Troyanec [42]

Answer:

Annual cashflow for the decision= $162  million

Explanation:

The proper cashflow would be determined as follows:

Contribution per unit = Sales price - variable cost

Contribution per unit of new chip  = 25-8 = $17 per unit

Contribution per unit of old chip = 20 - 6 = 14 per unit.

<em>Contribution form the sale of the new chip = contribution per unit × annual sales in unit</em>

=17 × 12  million units = $204  million

<em>lost Contribution from the old  chip = contribution per unit × lost annual sales in unit</em>

Lost contribution  from old chip= $14 × 3 million unit = $42 million

Note that the lost contribution is an opportunity cost occasioned as a result of the introducing the new chip, hence the contribution should be deducted

Annual cashflow for the decision= $204  million -$42 million  = $162  million

Annual cashflow for the decision= $162  million

4 0
3 years ago
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