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Anna [14]
3 years ago
11

La-Z Days Motels, Inc., and Beds R Us Corporation enter into a contract that does not specify the payment terms. Payment may be

made in Group of answer choices any commercially normal or acceptable means cash or check only any commercially normal or acceptable means except credit card cash only
Business
1 answer:
s2008m [1.1K]3 years ago
5 0
I don’t know please be specific sorry
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Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0
Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less:  Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0
2 years ago
You manage an equity fund with an expected risk premium of 10.2% and a standard deviation of 16%. The rate on Treasury bills is
Inga [223]

Answer:

idk

Explanation:

6 0
3 years ago
"A customer owns 200 shares of ABC, purchased 2 years ago at $50 per share. The current market value of ABC stock is $60 per sha
kirza4 [7]

Answer: The donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

Explanation:

From the question, we are informed that a customer owns 200 shares of ABC, that were bought 2 years ago at $50 per share and that the current market value of ABC stock is $60 per share.

If the customer gifts the stock to his son, the result is the donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

7 0
3 years ago
ANSWER IF GAY OKKKKKKKKK
Alexxx [7]

Answer:

YASSSSSSSSSSSSSS

I'm lesbian tho -

Explanation:

7 0
2 years ago
Read 2 more answers
Preparing Journal Entries for Process Costing SystemDuring its first month of operation, Portia Company purchased $90,000 of mat
babunello [35]

Answer:

a.

Date                   Account Title                                     Debit                   Credit

XX-XX-XXXX     Raw materials inventory              $90,000

                           Accounts Payable                                                    $90,000

b.

Date                   Account Title                                     Debit                   Credit

XX-XX-XXXX     Work in Process Inventory           $64,000

                           Raw materials inventory                                          $64,000

c.

Date                   Account Title                                     Debit                   Credit

XX-XX-XXXX     Work in Process inventory            $30,000

                           Wages Payable                                                         $30,000

d.

Date                   Account Title                                     Debit                   Credit

XX-XX-XXXX     Work in Process Inventory             $20,000

                           Manufacturing overhead                                         $20,000

7 0
3 years ago
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