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Simora [160]
3 years ago
9

Major reasons for disclosure of deferred income tax information is (are)

Business
1 answer:
Karolina [17]3 years ago
6 0

Answer:

d. All of these answer choices are correct.

Explanation:

Is important to match the expenses with the revenues they are related. If for tax purposes we can deduct a full equipment value in one year. This means we are goung to pay higher income taxes in the future as we don't have the depreciation expense available for taxes porpuses.

The use of deferred incoem tax will be useful to knwo how much are the actual cash obligation and the expected value of the future cash obligations

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A. English Common Law<br> B.Ethical dilemmas<br> C.Stare decisis<br> D.Utilitarian decision making
kumpel [21]

Answer:

C

Explanation:

no idea what a,b,c, and d are for. no question?

3 0
3 years ago
Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an addi
krek1111 [17]

Answer:

Cost of the VAN <em>$53.298‬</em>

Explanation:

We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.

The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.

list x reduction = invoice

invoice  less discount = cash price

60,000 x (1 - 0.13) x (1 - 0.01) = 51.678‬

to this, we add up the sales tax and the extra cost for the device

51,678 + 860 + 760 = <em>53.298‬</em>

5 0
3 years ago
Four portfolio managers have generated superior performance against each of their benchmarks and the stock market in general. Th
rusak2 [61]

Answer:

<u>d. Increases allocation to any stock that changes its corporate name</u>

<u>Explanation</u>:

This manager that does this practice is least likely to replicate performance because that is an unprofessional practice.

In most cases when there is a change in the name of a stock it indicates a red signal that the stock price is bad and thus the company may decide to change it's name, thus the future performance of the company diminishes.

5 0
3 years ago
Who or what determines a country's GDP?
FromTheMoon [43]
Who i believ is the senator
8 0
3 years ago
Read 2 more answers
Pat maninen earns a gross salary of $3,000 each week. assume a rate of 6.2% on $118,500 for social security and 1.45% for medica
Sonbull [250]
Answer:

Social Security = $186.00
Medicare = $43.50

Explanation:

Since the given rate for Social security is 6.2%, the first week deduction is 6.2% of gross weekly salary, which is $3,000. Hence, the first week deduction for Social Security is given by

Social Security Deduction = 6.2% of $3,000
                                          = 0.062 × 3,000 (Change 6.2% to decimal)
                                          = $186.00

Similarly, since 1.43% is the given rate for medicare, the first week deduction is 1.43% of the gross weekly salary, which is $3,000. Thus, the first week deduction for medicare is given by

Medicare Deduction = 1.43% of $3,000 
                                 = 0.0143 × 3,000
                                 = $43.50

7 0
3 years ago
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