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
Flura [38]
3 years ago
8

Operating income and tax rates for C.J. Company’s first three years of operations were as

Business
1 answer:
Oksana_A [137]3 years ago
8 0

Answer:

Correct option is C ; the DTA - Deferred tax asset  is $300,000

Explanation:

For losses of Year 2015 DTA should be created at 31/12/2015 as due to this loss future income will get reduced and consequently company's tax liability will get reduced.

DTA = 750,000 x 40% = 300,000

In year 2016 tax rate is 40% so DTA will be at this rate as after setting off the loss of year 2015 with income of 2016 the company will benefit by 750000 x 40%=300000 due to lesser income tax liability.

Hence the DTA - Deferred tax asset  is $300,000

You might be interested in
MC Qu. 84 Two investment centers... Two investment centers at Marshman Corporation have the following current-year income and as
dusya [7]

Answer:

The correct answer is 11.28%

Explanation:

Solution

Recall that:

                                          Investment center A    Investment center B

Investment center income    $ 530,000                $ 640,000

Investment center average

invested assets                     $ 4,700,000                $ 3,100,000

Now,

We calculate for return on investment (ROI) for Investment Center A

The ROI A=Investment center income/Average invested assets  which is

= (530000/4,700,000)

=11.28%

8 0
3 years ago
Based upon Booked Orders and Sales Predictions, the expected finished goods requirements is 550 units over the planning period.
BARSIC [14]

Answer: 0 units

Explanation:

Future Planned Production Orders = Expected goods requirement - Finished goods in inventory - Schedule production

= 550 - 450 - 150

= -50 units

Include no units because the finished goods and the scheduled production make up the requirement for the period.

5 0
3 years ago
In a negotiation, to allow for concessions, the expectations expressed in the seller team's opening position should be:
ser-zykov [4K]

In a negotiation, to allow for concessions, the expectations expressed in the seller team's opening position should be higher than its target position

Option B

<u>Explanation: </u>

Negotiation is a political dialogue that addresses a problem in a way acceptable to both sides. That group tries in a discussion to convince the other to adhere to its views. Both parties involved tend not to argue, rather seek to find some kind of agreement by mediation.

Talks require others, so that one side is always in the forefront of the talks. Nevertheless, even when the concession is marginal, the other should surrender.

Negotiation parties can differ. These may include negotiations between purchasers or even between the government of several or more nations, employers and future employees.

6 0
4 years ago
Management career skills include managing _____.
Svetllana [295]

Answer:

the correct answer is finances

3 0
3 years ago
What is true about credit scores
Arada [10]
You can make them good by buying things with your credit card for little amounts of money and paying the bill right away!
And they allow you to buy houses and cars and qualify for things for cheaper...if you have the better credit you're going to get the house because you show you're responsible with your money.
8 0
4 years ago
Other questions:
  • Why did most corporate boards of directors pressure CEOs to resign, even though less than majority of shareholders revolted to g
    14·1 answer
  • In terms of delivering a presentation, explain how a slide presentation differs from a lecture?
    15·1 answer
  • The unemployment rate of full-employment is also called the rev: 05_30_2018 Multiple Choice cyclical rate of unemployment. poten
    8·1 answer
  • Mccaskell corporation's relevant range of activity is 7,000 units to 11,000 units. when it produces and sells 9,000 units, its a
    8·1 answer
  • Multiple Product Performance Report Storage Products manufactures two models of DVD storage cases: regular and deluxe. Presented
    10·1 answer
  • Equipment costing $70,000 with a salvage value of $14,000 and an estimated life of 8 years has been depreciated using the straig
    6·2 answers
  • Marino company is currently selling 10,000 units of its product per month at $10.40 per unit for total monthly sales of $104,000
    10·1 answer
  • How did the pressure change from when it was your turn to be a leader, than when you were just a supporting member? (Take your t
    8·1 answer
  • Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives, w
    11·1 answer
  • In 2015, what percentage of united states exports went to countries that were part of free-trade agreements?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!