Answer:
$1,620,000
Explanation:
Assume that Sharp operates in an industry for which NOL carryback is allowed.
In its first three years of operations Sharp reported the following operating income (loss) amounts: 2019 $ 1,350,000 2020 (3,150,000 ) 2021 5,400,000
There were no deferred income taxes in any year. In 2020, Sharp elected to carry back its operating loss.
The enacted income tax rate was 25% in 2019 and 30% thereafter.
In its 2021 balance sheet, what amount should Sharp report as current income tax payable is the applicable tax rate for 2021 applied on the income of the year: 30% x 5,400,000 = $1,620,000
Vas happenin!!
Scale is for to find your note or key
Clef is the beginning of the notes
Pitches are for singing
Signature is your own voice
I would go with scale
Hope this helps
-Zayn Malik
Answer:
b) 350,000 pounds
Explanation:
The computation of the number of pounds purchased is shown below:
= Required production in January month + ending inventory in pounds - beginning inventory in pounds
= 410,000 pounds + 120,000 pounds - 60,000 pounds
= 350,000 pounds
We simply added the ending inventory and deduct the beginning inventory to the required production so that the accurate amount can come
Answer:
<u>Yes</u>
<u>Explanation</u>:
- First, the law is against the action she claims her employer did.
- Secondly and more importantly is the fact that she has enough evidence to prove that the review of her performance by her employer was discriminatory. This facts are strong prove;
Tejasi received the poor review one week after the boss made his comment and one day before the demotion.