Answer:
The amount of net income reported in 2020 income statement would be $75,000.
Explanation:
Pretax accounting income for 2020 = $100,000
Income tax expense for 2020 = Current tax + Reversal of Deferred tax assets
= ($100,000 - $100,000)*25% + ($100,000*25%)
= $25,000
Amount of net income reported in 2020 income statement = Pretax accounting income - Income tax expense
= $100,000 - $25,000
= $75,000
Therefore, The amount of net income reported in 2020 income statement would be $75,000.
Answer:
a) decrease the quantity demanded
Explanation:
According to the law of demand, an increase in the price of a good reduces the quantity demanded for that good.
Answer:
Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products
Explanation:
Answer: 130 days
Explanation:
The Cash Conversion Cycle is a measure that attempts to show how many days on average it takes a company to convert resources into cash.
It is calculated with the following formula,
= Days of Inventory Outstanding + Days of Sales Outstanding - Days of Payables Outstanding
Where,
Days of Inventory Outstanding is the amount of days it takes to convert inventory to sales
Days of Sales Outstanding is the amount of time it takes debtors to pay the company for goods they bought and,
Days of Payables Outstanding is the time it took the company to pay for the goods it bought
Plugging in the figures we have,
= 100 + 60 - 30
= 130 days
The firm's cash conversion cycle is 130 days.
Interest rate - A bank might want to loan a business structure 5000000 dollar at a n old financing cost of 6%.
What is interest rate?
A percentage of the principal, or the amount loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is the usual unit used to express the interest rate on the a loan (APR). The amount earned from a savings account as well as certificate of deposit at a credit union or bank may also be subject to interest rates (CD). Interest on these deposit accounts is calculated as an annual percentage yield (APY). The borrower is essentially charged interest for the use of the asset. Cash, consumer products, vehicles, and real estate are all examples of lent assets. An interest rate can therefore be viewed as the "cost of money" because it increases the cost of borrowing the very same amount of money.
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