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melamori03 [73]
3 years ago
8

Which of the following differences would result in future taxable amounts? Expenses or losses that are tax deductible after they

are recognized in financial income. Revenues or gains that are taxable before they are recognized in financial income. Revenues or gains that are recognized in financial income but are never included in taxable income. Expenses or losses that are tax deductible before they are recognized in financial income.
Business
1 answer:
Ivanshal [37]3 years ago
3 0

Answer: Expenses or losses that are tax deductible before they are recognized in financial income.

Explanation:

Future taxable amounts arise as a result of a difference between the way an asset or liability is recorded due to the company's financial accounting principles and the way it should be recorded due to taxation principles of the government.

When this happens you will find that some things are not taxed as they should be, but rather as the company records them to be. These differences are only temporary though and correct themselves as time goes on.

An example of such are expenses of losses. Some expenses for instance may be taxable immediately but are instead only taxed in the business over the term of the expense.

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Licensee Jim listed a property and Licensee Sally sold the property to her client. Jim and Sally work for the same brokerage. Th
erastova [34]

Answer:

c. In-house sale

Explanation:

Based on the information provided within the question it can be said that the type of sale is known as an In-house sale. This term refers to a sale where the listing broker also represents the buyer in the sale that is taking place. Which is exactly what is happening in this situation since both Jim and Sally work for the same brokerage.

8 0
3 years ago
If the interest rate is 8%, what is the 4-year discount factor? What is the 4-year annuity factor? What is the relationship betw
Strike441 [17]

Answer:

Discount factor will be 0.735

And annuity factor will be 3.312

Explanation:

We have given rate of interest r = 8 %

Time period n = 4 year

We have to calculate discount factor

Discount factor is equal to =\frac{1}{(1+r)^n}=\frac{1}{(1+0.08)^4}=\frac{1}{1.08^4}=0.735

So discount factor will be equal to 0.735

Annuity factor is equal to (1-\frac{\frac{1}{(1+r)^n}}{r})

So annuity factor will be equal to (1-\frac{\frac{1}{(1+r)^n}}{r})=(1-\frac{\frac{1}{(1+0.08)^4}}{0.08})=3.312

So annuity factor will be 3.312

Annuity factor is determined for a progression of equivalent installment/receipt for indicated time frame.  

In any case, discounting factor  is determined distinctly for discover the present estimation of sum which will be put resources into year 4.

4 0
3 years ago
During a recent brainstorming session, one of Franklin's co-workers suggested that their company could sell some of the data con
PIT_PIT [208]

Answer:

B. Respect the privacy of others

Explanation:

Like in many other <em>data privacy</em> dilemmas, it is often considered highly unethical to give your customer's data to third parties. Having that in mind, it is a <u>privacy breach</u> to sell customer data.

The customers would have to give their consent in order to have their data used for purposes other than those that brought their data to Franklin's company in the first place.

5 0
3 years ago
Bluebird mfg. has received a special one-time order for 15,000 bird feeders at $2.50 per unit. bluebird currently produces and s
melamori03 [73]
Since the units can be produced within existing plant capacity, the special order will not increase fixed costs. Let’s identify the relevant data for the decision. First, the variable
manufacturing costs will increase $30000 (15000×2). Second, the expected revenue will increase $37500 (15000×2.5). Thus, will increase its net income by $7500 (37500-30000) by accepting this special order.
4 0
3 years ago
As an outcome for exceptional performance, Jeffery was provided the opportunity to make a highly visible presentation to the boa
Gnom [1K]

Options:

A. Negative

B. Positive

C. Extinction

D. Punishment

Answer:A. Negative

Explanation:Being Nervous is a situation where a person feels or behaves in such a way to that he or she is scared and afraid or a certain situation or at the presence of certain factors or persons, it can also be described as not being angry about a particular action or Activity such as the presentation in the presence of the board of directors.

JEFFREY'S ACTION OF BEING NERVOUS SHOWS THAT HE VIEWS THE PRESERVATION AS A NEGATIVE CONSEQUENCE.

5 0
3 years ago
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