Explanation:
The journal entry is as follows:
1. Deferred tax assets A/c Dr
To Income tax benefit - Operating loss A/c
(Being the income tax benefit is recorded)
The computation is shown below:
= Net operating loss × enacted tax rate
= $388,000 × 25%
= $97,000
2. Now the lower portion of the 2021 income statement is presented below:
Net operating loss before income tax $388,000
Less: Income tax benefit - Operating loss -$97,000
Net loss $291,000
Answer:
The correct answer to the following question is Determine the goals and objectives .
Explanation:
The third step in the emergency planning process is of determining the goals and objectives . It s very important that goals and objectives are set , in order to ensure that they will support in accomplishing the plan and other operational priorities. Goals should be clearly defined , so that the desired result can be achieved. Setting the goals indicate the solutions that planners have find to counter the problem . And objectives are the actions that will be required to perform to achieve the defined goals.
It’s either b or c I’m not sure tho
The total number of medium mirrors that were broken is <em><u>68 </u></em>out of the total 164 mirrors.
Computation:
Given,
The number of small, medium, large, total, broken, and not broken is shown in the image attached below.
To find:
The total number of medium broken mirrors.
First, determine the total number of medium mirrors.
Now, the total number of broken medium mirrors will be determined by taking the difference of total medium mirrors and total medium not broken mirrors.
Therefore, the total number of broken mirrors of medium size are 68.
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The terms is used to denote the response of a cost to the change in business activity is Cost behavior.
Cost behavior is used as a tool to show or indicate how a cost will alter or chang in total when there is a change in some activity.
There are three types of cost behavior. Cost Behavior Analysis is simply known as the study of how specific cost respond to changes in the level of business activity.
Conclusively, its knowledge will helps management plan operations and decide between alternative courses of action.
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