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finlep [7]
4 years ago
10

Provincial Inc. reported the following before-tax income statement items:Operating income $ 600,000Loss on discontinued operatio

ns 100,000Provincial has a 30% income tax rate.Provincial would report the following amount of income tax expense as a separately stated line item in the income statement:(A) $180,000.
(B) $198,000.(C) $150,000.(D) $168,000.
Business
1 answer:
-Dominant- [34]4 years ago
8 0

Answer:

Option (A) $180,000

Explanation:

The amount of income tax expense has to be reported by the provincial is shown as  

$600,000 × 30% = $180,000

Income tax benefits of ($100,000 × 30% = $30,000) should be disclosed separately in the discontinued operations section of income statement.

Therefore, the correct answer is option (A) $ 180,000.  

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A values-based ethics culture _____. a. excludes Upper Management Board, but relies solely on the Board of Directors to add to g
LuckyWell [14K]

Answer: E. relies upon an explicit mission statement that defines the core values of the firm.

Explanation: The focus of the Value-Based Ethical Culture is on values such as trust, transparency, and respect. the idea that people learn ethical or unethical behavior while interacting with others who are part of their role-sets or belong to other intimate personal groups.

Value-Based Ethics Culture. Approach to Ethical Corporate Culture that relies upon an explicit mission statement that defines the core values of the firm and how customers and employees should be treated.

5 0
4 years ago
You must evaluate the purchase of a proposed spectrometer for the R&D department. The base price is $250,000, and it would c
malfutka [58]

Answer:

$332,000

Explanation:

Initial investment refers to the cash outflow needed to begin a project or start a business. It includes capital expenditure, modification cost, and working capital needed.

Based on this, the initial investment outlay can be calculated as follows:

Initial investment outlay = Base price + Additional modification cost + Net operating working capital = $250,000 + $50,000 + $32,000 = $332,000

3 0
3 years ago
when businesses work to understand, identify and eliminate unethical behaviors, they are displaying .
GaryK [48]

when businesses work to understand, identify and eliminate unethical behaviors, they are displaying moral universalism

What is Unethical Behavior?

Ethics can be summed up as going above and beyond the bounds of the law and acting morally while no one is watching. Therefore, when we discuss unethical behavior in business, we mean conduct that doesn't adhere to the accepted norms of company operations and failing to act morally in all circumstances. In certain circumstances, an employee within a company may act unethically while performing their duties, while in other cases, we're talking about corporate culture, when the entire organization is corrupt from the top down with terrible consequences for society. It's crucial to understand that unethical behavior isn't necessarily unlawful (though sometimes it is both). In many cases, businesses may do what is legal, yet their deeds harm society and are often regarded as unethical. Some companies decide to reduce employee benefits in order to boost owner profits.

To learn more about Unethical Behaviors

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7 0
2 years ago
People might choose to use a debit card rather than cash for purchases because
shusha [124]

Answer:

they do not want to carry around large amounts of cash.

Explanation:

Debit cards are comparable in appearance to credit cards. The difference is that debits cards draw funds directly from the customer's account. It means that if the customer does not have sufficient funds in their account, a debit card transaction will not go through. Paying with a debit card is 'almost like' paying cash, only that the funds are held in a bank account.

People choose to carry and pay with debit cards to avoid moving around with a lot of cash. Debit cards reduce the risk of carrying a lot of cash.

7 0
3 years ago
Who helps the offender is helped through the case and is charged with protecting the rights of the offender?
Angelina_Jolie [31]
It would be the defense attorney :) 
8 0
3 years ago
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