Temporary differences arise when there is a difference between the tax base and the carrying amount of assets and liabilities. Permanent differences are differences between the tax and financial reporting of revenue or expense items which will not be reversed in future.
<h3>What do you mean by temporary differences?</h3>
Temporary differences are defined as being differences between the carrying amount of an asset or liability in the statement of financial position and its tax base (ie the amount attributed to that asset or liability for tax purposes).
<h3>What causes a temporary difference?</h3>
Thus, when the tax bases are indexed for inflation, temporary differences arise as a result of the change in tax basis and those differences give rise to deferred taxes under ASC 740-10-25-20(g).
Learn more about temporary differences here:
<h3>
brainly.com/question/24518361</h3><h3 /><h3>#SPJ4</h3>
Answer:
$30/share
Explanation:
Calculation to determine the amount the preferred stockholders must be paid
First step is to calculate per year dividend using this formula
Per year dividend = Stock value × Dividend payment rate
Let plug in the formula
Per year dividend = $100 × 10%
Per year dividend = $10
Second step is to calculate the Total unpaid dividend using this formula
Total unpaid dividend for 2 years = Per year dividend × 2 year
Let plug in the formula
Total unpaid dividend for 2 years = $10× 2years
Total unpaid dividend for 2 years = $20
Now let calculate the Cumulative Preferred Dividend
Using this formula
Cumulative Preferred Dividend = Current Year Dividend + Total unpaid dividend for 2 years
Let plug in the formula
Cumulative Preferred Dividend = $10 + $20
Cumulative Preferred Dividend = $30
Therefore At the end of the current year, the preferred stockholders must be paid $30/share prior to paying the common stockholders.
Answer:
5 reasons why marketing is so important
Marketing informs. To attract consumers in a crowded marketplace, your target audience needs to know why they should choose your business over someone else's. ...
Marketing engages. ...
Marketing builds reputations. ...
Marketing sells. ...
Marketing grows businesses.
Explanation:
From Google
The action that Lucy and Everly will most likely take is obtaining of data compiled by databases created by marketing research firms within the new geographic market.
Marketing research means a process of gathering, recording, analyzing and drawing conclusion on collected data from potential customers of a product to facilitate decision making.
- Main purpose of the marketing research is to provides information which are relevant for decision making in the firm.
- A marketing research data are also provided by marketing research firms to firms who need them.
In conclusion, the action that Lucy and Everly will most likely take is obtaining of data compiled by databases created by marketing research firms within the new geographic market.
Read more about Marketing research
<em>brainly.com/question/24967957</em>
In 20 years you'll have $5,220.
2,000×0.08=160
2,000+(160×20)= 5,220.