Answer:
This will be false
Explanation:
Base on the scenario been described in the question, it is false because the rate can go above 8% at the first adjustment and according to how high the chosen index might rise, it can also go above 11% which is stated that it cannot, so it is false.
Answer:
d. $150,000.
Explanation:
The computation of the consolidated goodwill reported is shown below:
= Recorded amount of goodwill - impairment amount of goodwill
= $200,000 - $50,000
= $150,000
By deducting the impairment of goodwill from the recorded amount of goodwill we can get the consolidated goodwill that is to be reported.
The 90% acquired percentage is ignored
Answer:
The answer is: Stone can report $8,750 as deferred income tax liability
Explanation:
Deferred income tax liability: income tax owed by a business that is put off into future years because a difference exists between GAAP accounting (in this case book depreciation) and income tax accounting.
The deferred tax liability is based on the difference on depreciation. Since 20x9 is Stone Co.'s first year of operations, the depreciation difference in this year must equal the net future depreciation difference.
To calculate the deferred tax liability balance we take the difference in depreciation and multiply it by the future tax rate: $25,000 x 35% = $8,750.
Aside from the actual mortgage payments, you also pay for your monthly property taxes, homeowner's insurance, and home repairs.
Sometimes homeowners also pay for monthly dues to their homeowners association. This monthly dues include water, sewer, garbage, and maintenance of other amenities like clubhouse, pool, and tennis courts.
Answer:
false
Explanation:
thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.
