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kozerog [31]
3 years ago
8

Service Cost Flows Number the following activities from 1 to 3 in the order corresponding to the typical flow of cost in a CPA f

irm. Order Activity Answer Record the time worked on a client project by professional staff. Answer Record the completion of a client project. Answer Record the application of office overhead.
Business
1 answer:
Goryan [66]3 years ago
8 0

Answer:

following are the answer to this question:

Explanation:

Following are the flows to this question:  

  • It records the consumer project for completion.  
  • It records the time, which the professional staff had operated on such a client project.  
  • It is the document for the office, which overheads the submission.  

It's the conventional flow, which operates after the research, that was ended, and the number of human hours and its cost for the individual customer was established.

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Athis Co. at the end of 2020, its first year of operations, prepared a reconciliation between pretax financial income and taxabl
Darina [25.2K]

Answer:

The answer is given below;

Explanation:

Income Tax Payable =1,800,000*30%=$540,000

Deferred Tax Asset=3,000,000*30%=$900,000

Deferred Tax liability=2,400,000*30%=$720,000

Therefore the income tax expense=$540,000+$720,000-$900,000=$360,000

The litigation expense will be deductible from taxable income when paid,therefore it will give deferred tax asset.

Profit on installment sales will give rise to more profits being subjected to taxes,therefore it gives rise to deferred tax liability.

4 0
4 years ago
When using the book value of equity, the debt to equity ratio for Luther in 2009 is closest to: Group of answer choices 0.43 2.2
Ostrovityanka [42]

Answer:

2.29%

Explanation:

The computation of the debt to equity ratio using book value of equity is as follows;

As we know that

Debt to Equity Ratio = Debt ÷ Equity

where,  

Debt = $239.7 + $10.7 + $39.9    

= $2901.1

And, equity is $126.6

Now    

Debt to Equity Ratio is

= $290.1 ÷ 126.6  

= 2.29%

4 0
3 years ago
A book of mass 5 kg rests on a plank. You tilt one end of the plank and slowly increase the angle of the tilt. The coefficient o
s344n2d4d5 [400]

Answer:

The maximum angle of tilt is 26.56°.

Explanation:

Given that,

Mass of book = 5 kg

Coefficient of static friction = 0.50

The normal force of plank on book

F_{n}=mg\cos\theta

The friction force holding book against moving

f_{\mu}=\mu F_{n}....(I)

The force induced by gravity is

F_{g}=mg\sin\theta....(II)

We need to calculate the angle

Now, both forces are equal

f_{\mu}=F_{g}

\mu\ mg\cos\theta=mg\sin\theta

Put the value into the formula

0.50\times5\times9.8\cos\theta=5\times9.8\sin\theta

\tan\theta=\dfrac{0.50\times5\times9.8}{5\times9.8}

\theta=\tan^{-1}{0.5}

\theta=26.56^{\circ}

Hence, The maximum angle of tilt is 26.56°.

4 0
3 years ago
Read 2 more answers
In the context of a research program that was conducted at the University of Michigan on the impact of leaders’ behavior on job
RSB [31]

Answer:

Relationship-oriented

Explanation:

Relationship-oriented is a quality of a leader, and it is fundamentally centred on supporting, encouraging and creating people and groups. They try to set up significant associations with their staff and expect to use this enthusiastic association with expand staff performance. By concentrating on the passionate needs of the staff, relationship-oriented leaders guarantee they have a positive and stimulated workforce.

3 0
3 years ago
Tally Corp. sells softwares during the recruiting seasons. During the current year, 11,000 softwares were sold resulting in $440
kramer

Answer:

A

Explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin = price - variable costs

Price = revenue / quantity sold

$440,000 / 11,000 = 40

Variable cost = total variable cost /output

$110,000 / 11,000 = 10

contribution margin = 40 - 10 = 30

3 0
3 years ago
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