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Vika [28.1K]
3 years ago
12

Purple Rose Corporation reported pretax book income of $500,000.

Business
1 answer:
Vikentia [17]3 years ago
5 0

Answer: $68,000

Explanation:

Let us assume that we are given a tax rate of 34% to use in computing the question. Therefore, Purple Rose's current income tax expense or benefit will be:

Pre-tax book income = $500,000

Less: Tax depreciation = $300,000

Net Income = $500,000 - $300,000 = $200,000

Current income tax expenses at 34% will then be:

= 34% × Net income

= 34/100 × $200,000

= $68,000

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Which of the following is true of normal shortages? They do not include theft and shrinkage. These goods are no longer available
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Answer:

<h2>The correct answer here would be the 1st option given in the answer choices or options or They do not include theft and shrinkage.</h2>

Explanation:

  • From a business standpoint, normal shortages basically indicate comparatively lower inventory availability of goods and services based on their consumer demand or respective sales orders by consumers or buyers.
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3 years ago
The Davis Corporation budgeted factory overhead at $250,000 for the period for the Assembly department, based on a budgeted volu
Igoryamba

Answer:

B. $10,000 Underapplied

Explanation:

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3 years ago
4 Select the correct answer. Which of these components is a part of the Central Processing Unit (CPU) of a computer?​
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Control unit

Explanation:

Is a part of the "Central Ptocessing Unit (CPU)" of a computar. It is considerado a a "heart of the CPU.

8 0
3 years ago
A burger and fries cost $2.20. the burger costs $2.00 more than the fries. how much do the fries cost?
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Burger - Fries = $ 2.00


________________________ - 

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