1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
3 years ago
11

Green Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased b

y $50,000. In addition, tax depreciation exceeded book depreciation by $100,000. Finally, Green subtracted a dividends received deduction of $25,000 in computing its current year taxable income. Green's cash tax rate is:
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
6 0

Answer:

Green's cash tax rate is 19.425%

Explanation:

The cash tax rate is the taxes payable divided by pretax book income. Green's taxable income is $925,000 ($1,000,000 + $50,000- $100,000 - $25,000). Taxes payable on taxable income is $194,250. The cash tax rate is 19.425% {$194,250/$1,000,000}.    

You might be interested in
When you would like to send an e-mail to your coworkers about planned maintenance on the network, where is the best place in the
S_A_V [24]

Answer:

Its A. The Subject field

Explanation:

edge 2020

3 0
3 years ago
Read 2 more answers
A customer has $20,000 to invest, but needs immediate access to the funds to pay a variety of bills that will arrive over the ne
tatiyna

Answer:

A. Money Market checking account

Explanation:

A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.

Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.

In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.

It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.

4 0
3 years ago
What is one of the first decisions an entrepreneur must make?
Darya [45]

What kind of business organization will best serve his or her interests.

All of the other decisions are very important, but unless you know what type of organization you want it will be hard to make other more important decisions about the business.

6 0
3 years ago
Read 2 more answers
In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is m
RSB [31]

Answer:

into how many geographical region Nepal has divided ?describe them in a few line

3 0
3 years ago
Read 2 more answers
You are the public relations director of a nonprofit hospital in a competitive market in a midsized city located in a metro area
makvit [3.9K]

Answer:

HIV AIDS is contagious disease. It is responsibility of the healthcare professionals to handle the person with special care. This virus spread quickly in the body of the victim and the person is often unaware of the disease due to very mild or no symptoms.

Explanation:

To: CEO

Park lane Hospital

Central London,

09 - 06 -2021.

Respected Sir,

It is to bring into your knowledge about the spread of HIV/AIDS in the city. The people are unaware about the disease spread and those infected are carrying disease to others. There should be campaign run by the hospital to inform people about the spread of this contagious disease and preventions measures.

There should also be special arrangement for the people infected by the disease to stay and live in a separate house so the spread can be stopped.  The hospital can allow people with symptoms for a free checkup so that more people can come and have their routine checkup.

It is high time because if the spread will increase at the same rate then controlling the disease would become difficult.

Regards,

John Andrews.

7 0
2 years ago
Other questions:
  • Sarah is concerned about identity theft. She wants to check her overall credit worthiness. Sarah should MOST LIKELY
    6·1 answer
  • Refer to Gina Robinson, Inc. As the employees form teams at GRI, they should know that each person's role withinthe group starts
    6·1 answer
  • The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes. Average operati
    10·1 answer
  • A young software development company recently went public. To attract investors, the company executives want to emphasize the am
    13·1 answer
  • Quiz during the class. Calculate the WACC which represents the "hurdle rate" for a typical project with average risk using midpo
    14·1 answer
  • Essence of Skunk Fragrances, Ltd., sells 5,750 units of its perfume collection each year at a price per unit of $445. All sales
    13·1 answer
  • Is a savings account safe for than investing in stock market
    5·1 answer
  • Bugle's Bagel Bakery is investigating the purchase of a new bagel making machine. This machine would provide an annual operating
    15·1 answer
  • Sutton is a partner of RST Partnership. RST distributed $3,000 cash and a building with an adjusted basis of $10,000 and a fair
    5·1 answer
  • We are sorry, but we cannot answer your request for confirmation of our account as the PDQ Company uses an accounts payable vouc
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!