Answer:
$3,604
Explanation:
Calculation for what Smith's deferred income tax expense or benefit would be:
Using this formula
Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate
Let plug in the formula
Deferred income tax expense =($51,200-$40,600)*21%
Deferred income tax expense =$10,600*34%
Deferred income tax expense =$3,604
Therefore Smith's deferred income tax expense or benefit would be:$3,604
Answer:$ 50 million
Explanation:
We know GDP is calculated as the sum of consumption spending(C),Investment spending(I),Government spending(G) and net export(X).
Here
- Consumption spending
- investment spending
- Government spending
- $5 million worth tables are sold abroad
- no tables are imported.
At the end of year
GDP=C+I+G+X-M
GDP=10+20+10+5-0=$45 million
and the remaining 50,000 table worth of $5 million in inventory goes to the investment made by private sector
thus value of GDP is $ 50 million.
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months
Answer:
The correct answer is all of the above
Explanation:
Scrap or the rework costs are the costs which is incurred in order to repair the items that are defective. And the decision to rework or scrap an item or product, ground on the benefits or advantage of the incremental costs.
If the reworked units generate or yield greater advantage or benefit rather than the selling them as scrap, then the decision to rework will be considered.
And if the decision of rework is taken, then the management should consider the incremental costs, revenue or profit from selling the defective units as scarp and the lost profit on selling and making the new units while the rework is performed.
