Answer:
D. $428,724
Explanation:
The formula for present value of a lump sum will be:
Nomial x 1/capitalization factor = Present Value
We plug our given data and solve for capitalization factor
200,000 x 1/capitalization factor = 93,300
200,000/ 93,300 = capitalization factor = 2,1436227224
Now, we are able to calculate the future value
<u>the future value will be:</u>
principal x capitalization factor = future value
200,000 x 2,1436227224 = 428,724.54448
Answer:
net income increase = $ 100,000
Explanation:
Find the attachment
The amount of deferred tax liability that Warren Company reports at the end of Year 1 is $20,000.
<h3>What is deferred tax liability?</h3>
Deferred tax liabilities arise from <u>taxes to be paid in the future</u> when future taxable amounts become <u>taxable</u> or when the temporary differences <u>reverse</u>.
<h3>Data and Calculations:</h3>
Installment sales included in income statement = $50,000
Collection of installment sales:
Year 2 = $25,000
Year 3 = $25,000
Tax rate = 40%
Deferred tax liability based on installment sales = $20,000 ($50,000 x 40%)
Thus, the amount of deferred tax liability that Warren Company reports at the end of Year 1 is $20,000.
Learn more about deferred tax liability at brainly.com/question/16102904
Answer:
<em>2. EasyOpen's patent expired after 20 years</em>
Explanation:
<em>Patent rights last for about a limited period of time, as well as the right to file a lawsuit on other sides for infringement of the patent is centered on that time. </em>
Inventors and other patent proprietors may therefore choose to measure and evaluate their patent's expiry date.
It will mostly rely heavily on the date of filing of your patent application, and also the sort of patent they obtained.
Patents are defined as utility patents, patents on designs or patents on plants.
Patent protection for utility patents, which are the most common type of patent, and which EasyOpen Inc is part of, lasts 20 years after the patent application's filing date.
Answer:
The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization