Higher quality planting" is the one among the following choices given in the question that was <span>the main goal of the Farmers’ Alliance. The correct option among all the options that are given in the question is the second option. I hope that this is the answer that has actually come to your great help.</span>
Answer:
the answer given below;
Explanation:
$60 million *25%=$15 million will be tax expense
Income Tax Expense-Current Dr.$15 million
Income Tax Payable Cr.$15 million
For temporary difference on liability, the journal entry will be
Deferred tax expense ($4*25%) $1 million
Deferred Tax liability $1 million
Answer:
55,000 shares
Explanation:
Given that
60000 shares were originally given
5000 were subsequently reacquired
Thus. Net number of shares issued
= number of shares originally issued - number subsequently reacquired
= 60000 - 5000
= 55,000
Number of outstanding shares therefore is 55,000.
NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.
You and your friends often do this sort of thing. This is an example of...generalized reciprocity
Generalized reciprocity :
Generalized reciprocity is the phenomenon that individuals treat others in the same way that others treated them in the past. Besides the behavioral outcomes, whether intention information also manipulates generalized reciprocal behavior remains unclear.
What is an example of generalized reciprocity?
Generalized reciprocity is gift giving without the expectation of an immediate return. For example, if you are shopping with a friend and you buy him a cup of coffee, you may expect him to buy you one in return at some time in the future.
What do anthropologists mean by generalized reciprocity?
Generalized reciprocity refers to a type of exchange of goods and/or services where the giver and the recipient do not keep an exact ledger of value or stipulate the amount or duration of return.
Learn more about Generalized reciprocity :
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Answer:
Koski Inc.
Quick Ratio:
Quick Ratio = (Current Assets - Inventory) divided by Current Liabilities
Quick Ratio = $(23,595 - 12,480) / $(17,160 -5,460)
Quick Ratio = 11,115 / 11,700 = 0.95
Explanation:
The quick ratio is a financial metric that shows the short-term liquidity position of a company. It measures the company's ability to settle its short-term obligations using its most liquid current assets. The most liquid assets are cash and near cash current assets.
Inventory is always removed in calculating the most liquid current assets. Inventory will take some time before it can be converted to cash or near cash, given the cash conversion cycle.
The quick ratio is also called the acid-test ratio. It is also considered as more conservative than the current ratio which measures the coverage of current liabilities by all current assets, including inventory.
In our workings, we eliminated inventory from current assets. We also eliminated notes payable which would be rolled over the next year.
