Answer:
$108
Explanation:
The computation of the taxable income is shown below:
= Pre accounting income + Overweight fines (not deductible for tax purposes) + depreciation expenses - depreciation in the tax return using MACRS
= $150 + $5 + $65 - $112
= $108
We simply added the overweight fines, and depreication expenses and deduct the deprecation in the tax return to the pre accounting income so that the taxable income could arrive
Plus we ignored the applicable tax rate i.e 25%
It would be A control the money supply
Answer:
$278,000
Explanation:
On December 31,
Goods costing = $222,000
Physical count = $35,000
Amount should Sheridan report as its December 31 inventory:
= Inventory in hand as per physical count + Goods purchased from Windsor, Inc. under FOB basis + Cost of goods sold to Bonita Industries under FOB destination
= $222,000 + $35,000 + $21,000
= $278,000
Developing a project charter involves working with stakeholders to create the document that formally authorizes a project.
By creating this document it gives managers the ability to organize resources and workers for the project and all activities within it. A charter grants rights, power, privileges to an individual, corporation, city and other organizations for work on a project.
Answer: Federal Reserve Board
Explanation:
The Federal Reserve Board represents the leadership of the Federal reserve system or the Fed, America's central bank.
Decisions that have to do with the eligibility of an over-the-counter stock for purchase on margin falls under Federal purview and is regulated by the Federal Reserve Board and enforced by the Financial Industry Regulatory Authority.