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Arte-miy333 [17]
3 years ago
10

Bumble Bee Co. had taxable income of $7,000, tax depreciation of $5,000, book depreciation of $2,000, and accrued warranty expen

se of $400 on the books although no warranty work was performed. What is Bumble Bee's pretax accounting income?
Business
1 answer:
NeX [460]3 years ago
8 0

Answer:

$9,600

Explanation:

Calculation for Bumble Bee's pretax accounting income

Using this formula

Pretax accounting income=Taxable income-Accrued warranty expense+(Tax depreciation-Book depreciation)

Let plug in the formula

Pretax accounting income=$7,000-$400+($5,000-$2,000)

Pretax accounting income=$7,000-$400+$3,000

Pretax accounting income=$9,600

Therefore Bumble Bee's pretax accounting income will be $9,600

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Blossom Corporation, a manufacturer of ethnic foods, contracted in 2020 to purchase 470 pounds of a spice mixture at $2.35 per p
Sveta_85 [38]

Answer:

No gain or loss.

Explanation:

Given:

Amount of spice mixture = 470 pound

Current price = $2.35 per pound

Future price = $2.73 per pound

Computation:

We know that, Future price of spice mixture is higher than current price of spices.

But contract price is fixed at $2.35.

Therefore, no gain or loss will be recognized.

7 0
4 years ago
Read 2 more answers
A client with newly diagnosed hypertension asks what to do to decrease the risk for related cardiovascular problems. Which risk
MAVERICK [17]

Correct/Complete Question:

A client with newly diagnosed hypertension asks how to decrease the risk for related cardiovascular problems. What risk factor is modifiable by the client?

A. Impaired renal function

B. Dyslipidemia

C. Age

D. Family history

Answer:

B, Dyslipidemia

Explanation:

Dyslipidemia is a condition where there are an large amounts of lipids in the blood. Let's simply call these lipids fat albeit there are different types of lipids.

From the above option, Impaired renal function, age, family history are not modifiable as they are inherent. Only Dyslipidemia is not inherent as it is a function of an individual's lifestyle. To avoid fattening or large amounts of lipids in the blood, eating healthy and exercising can help to keep the amount of lipids in check thus ensuring that an individual doesn't have too much fat in the blood which is a trigger for hypertension.

Cheers.

3 0
3 years ago
Sment
nexus9112 [7]

Roads, schools, and

emergency services are funded by the government through the taxes.

Explanation:

Government collects taxes for the functioning of the government machineries. The reasons the taxes to be collected from the citizens of US are listed in the Article I, Section 8 of constitution of US. The three main types of taxation are as follows namely,

1. Progressive tax

2. Regressive tax

3. Proportional and flat tax.

Taxes are levied on the property, sales, income, dividends, imports, capital gains, payroll, gifts or estates. Eritrea and USA are the only countries that taxes non-residents on worldwide income as much as they tax the residents.

4 0
3 years ago
Governments may create to discourage companies from producing negative externalities.
denpristay [2]
By removing them i believe
8 0
4 years ago
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The features of a product or service that most, if not all, customers prefer are called_________blank.
r-ruslan [8.4K]

We, consumers, favor products or services that perform well or prefer the "<u>performance attributes</u>" of what we want to consume. This feature is most, if not all, customers prefer.

The dimension of the utility function for the customer is the performance attributes of a product, good or service. Performance quality, attributes and characteristics distinguish the goods or services from those of rival brands or businesses, which the buyer may find to be very important.

If we ask a firm what their product or service is to be given and we can relate to its features or performance characteristics, the strategic activities correspond to the performance attributes subcomponent of the market utility function.

Find out what appeal is a creative strategy that elaborates on product or service attributes or benefits: brainly.com/question/28348246

#SPJ4

7 0
1 year ago
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