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marin [14]
3 years ago
11

Deferred tax liabilities can arise from a revenue being reported on the tax return _____ the income statement, or an expense bei

ng reported on the tax return _____ the income statement.
Business
1 answer:
Contact [7]3 years ago
6 0

Answer: After the income statement,

Before the income statement

Explanation:Deferred tax liabilities can arise from either a revenue being reported on the tax return after the income statement or an expense being reported on the tax return before the income statement.

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Foreign firms should seek alliances with well-qualified local companies in countries characterized by inadequate legal and polit
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<span>Foreign firms should seek this sorts of alliances, because making them is a good way to obtain knowledge of local markets; contrast this to a foreign firm attempting to start up a branch on their own, perhaps in the form of a greenfield venture. They would potentially have to figure out local market conditions from scratch, whereas a local company would potentially have years of successful experience and knowledge already at their fingertips.</span>
8 0
3 years ago
What is the first step in consumer decisions-making process?
Elodia [21]
Consumer decision making is a process that has 5 steps. The first step is the consumer recognition of the need they need to satisfy. It is termed as the basic step since one cannot look for money to satisfy a need that they have not first recognized. 
8 0
3 years ago
Which of the following makes a true statement? Concurrent powers are those that are exclusive to the states, such as ratifying a
bearhunter [10]

Answer:

The answer is: Delegated powers are those that are exclusive to national government, like printing money.

Explanation:

Delegated powers are powers given to the federal (national) government and specifically outlined by the US Constitution (Article 1, Section 8). They outline the authority and limits of the three branches of the federal government (legislative, executive and judiciary). Some examples of delegated powers are power to declare war, lay and collect taxes, print and coin money, etc.

5 0
3 years ago
Russell Preston delivers parts for several local auto parts stores. He charges clients $1.30 per mile driven. Russell has determ
Lapatulllka [165]

Answer:

A. Determine how many miles Russell needs to drive to break even?

break even formula = total fixed costs / contribution margin

  • total fixed costs = $1,220
  • contribution margin = $1.30 - $0.29 = $1.01

break even formula = $1,220 / $1.01 = 1,207.9 ≈ 1,208 miles

B. Assume Russell drove 2,500 miles last month. Without making any additional calculations, determine whether he earned a profit or a loss last month.

if he drove 2,500 he made a profit because it is more than the break even point.

C. Determine how many miles Russell must drive to earn $2,135.00 in profit.

($1,220 + $2,135) / $1.01 = 3,321.7 ≈ 3,322 miles

D. Prepare a contribution margin income statement assuming Russell drove 2,500 miles last month.

total revenue                         $3,250

<u>- variable costs                       ($725)</u>

contribution margin              $2,525

<u>- fixed costs                         ($1,220)</u>

net income                            $1,305

E. Use the above information to calculate Russell’s degree of operating leverage.

Degree of operating leverage = contribution margin / operating income = $2,525 / $3,250 = 0.7769 or 77.69%

8 0
3 years ago
A couple has decided to increase their income from investments for when they retire in twenty years. Which is the best way they
algol13

Answer:

to enroll in a 401k and investing in the stock market.

Explanation:

According to my research on investment strategies, I can say that based on the information provided within the question their best options to accomplish their goal would be to enroll in a 401k and investing in the stock market. The 401K is a retirement fund that grows over years and the stock market also provides a decent ROI for your money, especially stocks like the S&P 500 which are the safest options and grow steadily over years.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
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