Answer:
Year 1 : $20000
Year 2 : $460000
Explanation:
Year 1 calculation:
120000-20000/50000*10000 =$20000
Year 2 calculation:
120000-20000/50000*23000=$46000
Answer:
Robinson's deferred income tax expense or benefit for the current year would be $6,700
Explanation:
The computation of the deferred income tax expense or benefit for the current year is shown below:
= Deferred tax expense - adjustment of tax based on the tax rate
where,
Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate
= ($50,000 - $20,000) × 21%
= $6,300
And, the adjustment of tax equals to
= Net taxable temporary difference × (Tax rate - corporate tax rate)
= $100,000 × (34% - 21%)
= $13,000
Now put these values to the above formula
So, the value would equal to
= $6,300 - $13,000
= $6,700
1.d.exacerbate all of the problems caused by asymmetric information
2.d.it is concentrating the loan risks
The answer is in the accounts receivable subsidiary ledger. The
balance in each customer account is at times settled
with the accounts receivable balance in the general ledger,
to safeguard correctness. The subsidiary ledger is also usually denoted
to as the sub ledger or subaccount.
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Answer:
The answer is letter A.
Explanation:
No, because the relevant cost of the new machine is $10,000 more than the cost of the old machine.
