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Fittoniya [83]
3 years ago
14

Summarize how you are feeling about your progress in this course.

Business
1 answer:
sweet [91]3 years ago
7 0

Answer:

The definition becomes outlined throughout the clarification subsection according to the particular circumstance.

Explanation:

  • I gained a lot of knowledge mostly during courses on how computer networks work. So what were the fundamental things that drive methodologies? Everything just feels nice because according to a certain design, we were also tasked with making our same algorithms, especially considering that the running time would be much less.
  • I want the assignment to concentrate a little bit on professionals so that we can understand how well these algorithms work in practice experiences.
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DaniilM [7]
I believe D : ) hope it helps
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3 years ago
How can I benefit from taxes?
svlad2 [7]

Answer:

We pay taxes to the government as a way to pay for our daily life. Taxes can let you get credits on your health insurance, having safe roads, free public education and etc.

Explanation:

Hope this helped you :)

3 0
2 years ago
Read 2 more answers
Southeast Jewelers Inc. sells only on credit. Its days sales outstanding is 73 days, and its average accounts receivable balance
alex41 [277]

Answer:

$2,500,000

Explanation:

The computation of the sales amount is shown below:

= Average account receivable balance × total number of days in a year ÷ days sales outstanding

= $500,000 × 365 days ÷ 73 days

= $2,500,000

We simply apply the unitary method for this question that is shown above in the calculation part i.e multiplying the total number of days in a year by the average account receivable balance and then divided it by the days sales outstanding

8 0
3 years ago
A policy that temporarily denies new appointments to a medical staff is called
slava [35]

The answer to the question being raised about a policy that temporarily denies new appointments to a medical staff is called Moratorium. Moratorium may come in different form one of which is the temporary denying of an appointment or an authorized period of delay or waiting or even suspension of an activity.

<span> </span>

4 0
3 years ago
James McDowell Co. establishes a $102,000,000 liability at the end of 2020 for the estimated site-cleanup costs at two of its ma
grin007 [14]

Answer:

Task a:

Deferred tax asset = $40,800,000

Deferred tax liability = $20,400,000

Task b:

Indicate how the deferred taxes computed in (a) are to be reported on the balance sheet.

Note: Please see the attachments for the balance sheet*

Task c:

Assuming that the only deferred tax account at the beginning of 2017 was a deferred tax liability of $10,000,000, draft the income tax expense portion of the income statement for 2017, beginning with the line "Income before income taxes."

Please see the attachments for the Income statement*

Explanation:

<h2><u>Task a:</u></h2>

Determine the deferred taxes to be reported at the end of 2017.

<u>Deferred tax asset</u>

Deferred tax asset = $102,000,000 × 40%

Deferred tax asset = $40,800,000 (answer)

<u>Deferred tax liability</u>

Deferred tax liability = $51,000,000 × 40%

Deferred tax liability = $20,400,000 (answer)

<h2><u>Task b:</u></h2>

Indicate how the deferred taxes computed in (a) are to be reported on the balance sheet.

<h2><u>Explanation:</u></h2>

<u>Deferred tax asset</u>

  • When <u>income tax expense is smaller than income tax payable</u> as a result of deducting any <u>non-cash expenses</u> in accounting books, some income tax expense is deferred to the future.
  • The<u> larger</u> income tax payable on tax returns creates a <u>deferred tax asset</u>, which companies can use to pay for deferred income tax expense in the future.
  • Deferred tax assets may be presented as <u>current assets</u> if a temporary difference between <u>accounting income</u> and <u>taxable income</u> is reconciled the following year.

<u>Deferred tax liability</u>

  • When<u> income tax expense is greater than income tax payable</u> as a result of no recognition of any noncash revenues in tax returns, some income payable is deferred to the future.
  • The <u>smaller</u> income tax payable on tax returns creates a <u>deferred tax liability</u>, which companies must meet by paying any deferred income tax payable in the future.
  • Deferred liabilities may be presented as <u>current liabilities</u> if a temporary difference between accounting income and taxable income is reconciled the following year.

Note: <u>The balance sheet extract is attached:</u>

<u></u>

<h2><u>Task c:</u></h2>

Assuming that the only deferred tax account at the beginning of 2017 was a deferred tax liability of $10,000,000, draft the income tax expense portion of the income statement for 2017, beginning with the line "Income before income taxes."

Note: <u>The income statement extract is attached:</u>

Note: <u>The relevant working also attached</u>

<u></u>

4 0
3 years ago
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