Answer:
$420,000 deferred tax asset
Explanation:
Deferred-tax assets are asset that occurred when company's or organization record income tax is less than the one which is been paid to the tax authority.
Taxable income 3,200,000
Less;Income (per books before income taxes) $2,000,000
Total $1,200,000
Therefore
$1,200,000×35%
=$420,000 deferred tax asset.
Cross record should record $420,000 as a net deferred tax asset or liability for the year ended December 31, 2018
Answer:
the portfolio beta is 1.06
Explanation:
The computation of the portfolio beta is shown below:
The Beta of the Portfolio is
= Stock Q Weight × Beta of Stock Q + Stock R Weight × Beta of Stock R + Stock S Weight × Beta of Stock S + Stock T Weight × Beta of Stock T
= 0.93 × 0.4 + 1.1 × 0.25 + 1.1 × 0.2 + 1.28 × 0.15
= 1.06
hence, the portfolio beta is 1.06
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Option C: Low rates of growth of the quantity of Money
Explanation:
Growth of money and inflation rate are directly associated with each other. If the money supply increases in the economy, it may increase the demand for various products and thus increases their prices. Low inflation or the prices of commodities will not rise if;
- Supply of money in the economy is reduced
- The goods are supplied in more quantity than the inflation rate, e.g. if the inflation rate is 10 % and goods supplied increases by 15 %, then the prices of goods may fall keeping remaining factors constant.
Answer:
Due date for submission of form 941 is 30th of June.
Explanation:
As per the monthly deposit schedule, the date of the depositing employment taxes on payments made during a month is 15th of the following month.
April Liabilities would be deposited on 15th of May.
May Liabilities would be deposited on 16th of June.
June Liabilities would be deposited on 15th of July.
And
Due date for submission of form 941 is 30th of June.