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Alex777 [14]
4 years ago
13

Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deduct

ed in the current periodB. Tax depreciation for the period exceeds book depreciationC. A goodwill impairment expense is recorded on the income statement
Business
1 answer:
Black_prince [1.1K]4 years ago
3 0

Answer: the correct answer is B. Tax depreciation for the period exceeds book depreciation.

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Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will b
Sergeu [11.5K]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will be sold for salvage value (estimated to be $6,750).

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Year 1= 2*[(67,500 - 6,750)/9]= $13,500

8 0
3 years ago
Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of inventory to Stendall. The c
rjkz [21]

Answer:

Non-controlling interest in net income decreased would have by $6,000

Explanation:

The computation of net income is shown below:-

Profit on Intra-Entity Sales = Revenue - Cost of goods sold

= $200,000 - $140,000

= $60,000

Profit on Intra-Entity Sales × 25% still in Ending Inventory

= $60,000  × 25%

= $15,000

Adjustment to Net Income × 40% for Non-controlling Interest

= $200,000 × 25% × 30% × 40%

= $6,000  

Net profits will go decline by $6,000

8 0
3 years ago
Lean production uses a pull system. To enable this pull process to work smoothly, lean production demands what? check all that a
Digiron [165]

Lean production demands

- high levels of quality at each stage of the process

- strong vendor relations

- fairly predictable demand for the end product

Lean production is a manufacturing technique aimed usually at decreasing instances in the manufacturing gadget as well as response times from suppliers and to customers. it's miles intently associated with another concept referred to as simply-in-time production.

Lean production is a manufacturing method focused on removing waste, in which waste is described as something that does not upload value for the consumer. despite the fact that Lean's history is manufacturing, it's miles applicable to all sorts of employer and all an organization's techniques.

Lean manufacturing improves efficiency, reduces waste, and will increase productivity. The benefits, therefore, are manifold: increased product best: stepped forward efficiency frees up personnel and assets for innovation and quality control that would have previously been wasted.

Learn more about Lean production here : brainly.com/question/14298317

#SPJ4

5 0
1 year ago
The control zone in which response actions should be limited tot he shortest possible entry time is the hot zone?
Finger [1]
Yes it is correct, your answer is correct.
4 0
3 years ago
A distributor with good contacts may appear to be the obvious choice in terms of generating quick sales and revenues but may not
Yuliya22 [10]

Options:

A) Select distributors; don't let them select you.

B) Look for distributors capable of developing markets.

C) Give local distributors control over marketing strategy.

D) Treat local distributors as long-term partners.

E) From the start maintain control.

Answer:B) Look for distributors capable of developing markets.

Explanation: A Distributor is a person or an organization saddled with the responsibility of transferring products from one point to another. An independent Distributor is a person or an organization which is not owned by the person or Organisations that it serves.

One of the best guildlines for selecting independent distributors is to select a distributor that is capable of developing markets which may be a new market or an existing market.

3 0
3 years ago
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