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Alex777 [14]
3 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]3 years ago
3 0

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

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__________This import tax was meant to replace the earlier "Tariff of Abominations", but it was widely disliked by southern merc
mrs_skeptik [129]

Answer:

Tariff of 1832

Explanation:

The Tariff of 1832 was enacted to replace the 1828 import tariffs commonly known as Tariffs of Abomination. Most southern states did not like it, but its greatest opposition came from South Carolina since its economy depended greatly in foreign trade. Back then America's largest export was cotton produced by southern states.

Due to South Carolina's extreme opposition, it was replaced by the Compromise Tariff of 1833. This last tariff would gradually decrease the tax rates until they fell back to 1816 levels, which was approximately 20%.

The Nullification Crisis refers to a legal process carried out in South Carolina that determined that federal taxes, specifically import tariffs were unconstitutional and shouldn't apply to them. The problem is that the Supreme Court decides what is unconstitutional or not, not a state court.

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3 years ago
Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store ea
Korolek [52]

Answer: $94,000

Explanation:

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What design flaw on this ballot could potentially cause confusion for voters? the ballot appears fine as it is, without any pote
tester [92]
The alignment of the yes and no arrows is confusing in some portions
6 0
2 years ago
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What can be researched about a nonprofit organization through a regulatory agency?
Alex787 [66]

<u>Answer:</u>

<em>The level of compliance to nonprofit status regulations.</em>

<u>Explanation:</u>

<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.

Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)

4 0
2 years ago
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If $1,000,000 of 9% bonds are issued at 102 3/4, the amount of cash received from the sale is
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Answer:

b.$1,027,500

Explanation:

First we need to find the number of bonds issued so we will divide 1,000,000 by 100 as we assume 100 is the face value. 1,000,000/100=10,000

Now we will multiply the number of bonds by the issue price in order to find the amount of cash received.

10,000*102.75=1,027,500

6 0
2 years ago
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