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snow_tiger [21]
3 years ago
13

What is meant by "tax allocation within a period"? What is the justification for such practices?

Business
1 answer:
Dima020 [189]3 years ago
6 0

Answer:

Tax allocation within a period is the practice of allocating the income tax for a period to such items as income before extraordinary items, extraordinary items and period adjustments.

Explanation:

The justification for tax allocation within a period is to produce financial statements which disclose an appropriate relationship of the different taxable income.

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3 years ago
Restaurant A uses 60 bags of potatoes each month. The potatoes are purchased from a supplier for a price of $80 per bag and an o
iVinArrow [24]

Answer:

D. Decreases from 30 to 28.5 bags

Explanation:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Carrying cost is $80 × 40% = $32

Annual demand = 60 bags × 12 months = 720 bag

And, the ordering cost is $20 per order

Now put these values to the above formula  

So, the value would equal to

= \sqrt{\frac{2\times \text{720}\times \text{\$20}}{\text{\$32}}}

= 30 bags

Now the demand is decreased by 10% So, the annual demand would be

= (60 - 6) × 12 months

= 54 bags × 12 months

= 648 bags

The other things will remain the same  

Now put these values to the above formula  

So, the value would equal to

= \sqrt{\frac{2\times \text{648}\times \text{\$20}}{\text{\$32}}}

= 28.46 bags

4 0
3 years ago
What are the five marketing management functions used to manage the marketing​ process?
Kamila [148]

The answer is<u> "a. ​analysis, planning,​ implementation, organization, and control".</u>


The marketing process comprises of five key steps. The initial step is comprehend the commercial center and client needs and wants.In the last advance of the​ five-advance process, the organization receives the benefits of solid client connections by​ catching an incentive from customers. The marketing process, in which four of them concentrated on making an incentive for clients. One procedure for making an incentive for clients is​ customer-engagement marketing, which encourages immediate and ceaseless client association in forming brand​ discussions, brand​ encounters, and brand network.

4 0
4 years ago
Suppose the government wants to help the coffee industry, where many producers earn relatively little. It is considering two pos
postnew [5]

Answer:

i think your answer is A

4 0
3 years ago
A diesel-powered tractor with a cost of $186,240 and estimated residual value of $5,700 is expected to have a useful operating l
scoundrel [369]

Answer:

$612

Explanation:

To compute the depreciation, first we have to compute the depreciation per hour which is given below:

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= ($186,240 - $5,700) ÷ (59,000 hours)

= ($180,540) ÷ (59,000 hours)

= $3.06 per hour

Now the depreciation would be

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= 200 units × $3.06

= $612

7 0
3 years ago
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