Answer:
$17,820,000
Explanation:
The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period
Taxable income for 2021 = $66million
Enacted or current tax rate for 2021 = 27%
Current portion of income tax expense for 2021 = Taxable income x current tax rate = $66 million x 27% = $17,820,000million
Hence Current portion of income tax expense = $18 million
Answer:
False
Explanation:
Based on the information provided within the question it can be said that this statement is False. The term that actually provides a better understanding of this is Community Needs Assessment: Purpose, since the main goal of the community needs assessment is to meet the needs of children, youth, and families by identifying the strengths and resources available in the community.
Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order
Explanation:
The options to the question are:
StatusA A. Send a prospectus to the customer
StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order
StatusC C. Have the branch manager approve the order and then fill the customer's order in the same manner as with any other security
StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.
The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.
Under the penny stock rule of the Securities exchange commission, when a new customer is being solicited by a registered representative to purchase an over-the-counter stock non-NASDAQ, a detailed statement must be completed by the registered representative on behalf of the customer.
Answer:
$14,900
Explanation:
The computation of the cash received from customers are shown below:
= Opening balance of accounts receivable + service revenue - ending balance of accounts receivable
= $1,700 + $15,400 - $2,200
= $14,900
Simply we added the service revenue and deduct the ending balance of accounts receivable from the Opening balance of accounts receivable so that the accurate value can come.