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IrinaK [193]
2 years ago
12

Pina Company has the following two temporary differences between its income tax expense and income taxes payable.

Business
1 answer:
snow_tiger [21]2 years ago
6 0

Answer:

multiply ur answer by 0.2 if you want to solve for the income tax rate

Explanation:

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Answer:

B. 16.53%

Explanation:

The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.

the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1

  • i =15.3%
  • n = 365 days

r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%

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3 years ago
The following are the trial balance ind the other information related to Perez Consulting Engineers. Perez Consulting Engineers
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3 0
3 years ago
Vint and Gracie are married and will file a joint tax return. For 2020, their modified adjusted gross income was $110,000. Graci
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The amount that Vint and Gracie can claim for 2020 lifetime learning credit is <em>D. $600</em>.

Explanation:

Joint Modified Adjusted Gross Income for 2020 = $110,000

Tuition for the fall semester paid by Gracie = $3,000

Limit placed on lifetime learning credit = $2,000

Rate of lifetime learning credit = 20% of the first $10,000

Allowed lifetime learning credit = $600 ($3,000 x 20%)

<u>Answer Options</u>:

A. $0

B. $200

C. $400

D. $600

Thus, the amount that the couple can claim for 2020 lifetime learning credit is <em>D. $600</em>.

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7 0
2 years ago
Sanyu Sony started a new business and completed these transactions during December.
timurjin [86]

Answer:

Net income = $4,160

Ending Retained Earnings = $3,210

Total assets = $76,760

Total liabilities and equity = $76,760

Cash balance = $59,180

Explanation:

see the attached file below

Download docx
3 0
3 years ago
Is a management program that seeks to improve the quality of process outputs by identifying and removing the cause of defects an
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Quality management is a management program that seeks to improve the quality of process outputs by identifying and removing the cause of defects and variations in various processes.

Management is the management of an organization, such as a corporation, non-profit organization, or government agency. This is the art and science of managing company resources.

Management is the dynamic process of getting things done by others with the goal of achieving a common goal effectively and efficiently. All functions, from planning to organization, personnel allocation, management, and generalization, are essential for the smooth execution of management in an organization.

Corporate governance is the coordination and organization of business activities. Business managers oversee operations and help employees achieve peak productivity.

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