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NikAS [45]
3 years ago
11

Giada Foods reported $1,010 million in income before income taxes for 2021, its first year of operations. Tax depreciation excee

ds depreciation for financial reporting purposes by $170 million. The company also had non-tax-deductible expenses of $108 million relating to permanent differences. The income tax rate for 2021 was 25%, but the enacted rate for years after 2021 is 30%. The balance in the deferred tax liability in the December 31, 2021, balance sheet is:
Business
1 answer:
Fiesta28 [93]3 years ago
6 0

Answer:

$32.4 million

Explanation:

The computation of the balance in the deferred tax liability in the December 31, 2021, balance sheet is shown below:

Deferred tax liability  is

= Tax depreciation exceeded depreciation for financial reporting purposes × enacted tax rate

= $108 million × 30%

= $32.4 million

Simply we multiplied the exceeded amount with the enacted rate so that the deferred tax liability could come

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kiruha [24]

Answer:

Coercive power

Explanation:

This boss is exercising coercive power. Such a power stems from a place of authority. The boss is hereby using force to ensure that this employee follows orders. In a situation whereby the employee fails to do what is expected of him, such a boss has the power to punish this boss for not complying with set instructions. This type of power can be used to make sure that Employees remain disciplined in an organization.

4 0
3 years ago
Cuales son sus elementos de ciencia
tresset_1 [31]
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6 0
3 years ago
Ricardo's utility depends on his consumption of good q1 and good q2, where the price of good q1 is initially $30 and the price o
adelina 88 [10]

Answer: 67

Explanation:

8 0
3 years ago
On December 1, Macy Company sold merchandise with a selling price of $9,000 on account to Mrs. Jorgensen, with terms 4/10, n/30.
Marysya12 [62]

Answer:

B) Debit Sales Revenue for $7,968, debit Sales Discounts for $332, and credit Accounts Receivable for $8,300.

Explanation:

The journal entry is shown below:

Cash A/c Dr                   $7,968

Sales Discount A/c Dr $332

     To  Accounts receivable    $8,300

(Being cash received recorded)

The computation of the account receivable  

= Credit sales - returned goods

= $9,000 - $700

= $8,300

And, the discount would be

= Accounts receivable × percentage given

= $8,300 × 4%

= $332

The remaining amount would be credited to the cash account.

8 0
3 years ago
_____ is the process that occurs when a job applicant does research on an organization and concludes there is enough of a fit be
makkiz [27]

I believe the answer is: Self selection

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After that, we pinpoint this data with the type of job that exist in the market and the criteria that is expected by the employers. Doing self selection before picking a job would increase the rate of job satisfaction.

4 0
3 years ago
Read 2 more answers
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