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bagirrra123 [75]
3 years ago
5

Loran's pretax accounting income in 20X1 is $100,000. Loran had bad debt expense for financial reporting purposes of $14,000 in

20X1. In 20X1, Loran deducted $4,000 in bad debts. Loran expects the temporary difference to reverse $3,000 in 20X2 and $7,000 in 20X3. The income tax rate is 40%. What is the amount in the deferred tax asset account at the end of 20X2?
Business
1 answer:
stira [4]3 years ago
6 0

Answer:

$2,800

Explanation:

Particulars                                                                       Amount

Favorable temporary difference at the end of 20X2   $7000

* Income tax rate                                                             <u>   40%  </u>

Deferred tax asset account at the end of 20X2         <u>$2,800</u>

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Write the name of tourism sector related occupation and clarify its importance with reference to Nepal.​
kenny6666 [7]

Answer:

one among the main importance is the foreign exchange of currency since it has a very higher exchange value compared to other tourism spots. exports to other countries from Nepal are very cheap and several good are produced on a large scale. ... cheap way of lifestyle attracts a lot of tourists all over the world.

Explanation:

the top should explain as much as I think.

5 0
3 years ago
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 950 2 1,180 3 1,400 4 2,140
Anon25 [30]

Answer:

$6,225.08

Explanation:

The computation of the future value of these cash flows in year 4 is shown below:

= Year 1 cash flow × (1 + interest rate)^year + Year 2 cash flow × (1 + interest rate)^year + Year 3 cash flow × (1 + interest rate)^year + Year 4 cash flow × (1 + interest rate)^year

= $950 × 1.08^3 + $1,180 × 1.08^2 + $1,400 × 1.08^1 + $2,140

= $950 × 1.259712  +  $1,180 × 1.1664  + $1,400 × 1.08 + $2,140

= $1,196.7264  + $1,376.352  + $1,512  + $2,140

= $6,225.08

3 0
4 years ago
One of the suggested advantages of an unrelated diversification strategy is that it A. E) facilitates capturing the financial fi
ohaa [14]

Answer:

B. Spreads the stockholder’s risks across a group of truly diverse businesses.

Explanation:

Diversification is a risk management strategy whereby there is a mix of a wide variety of investments in a portfolio. This limits the exposure to any single type of risk. For example, instead of investing in 3 different hotels in the tourism industry, investing in one hotel in the tourism industry, another business in the healthcare industry and another business in the education industry. That way, if any factor causes a drop in the tourism industry, only one investment would be affected negatively. There would still be profits from the healthcare and education industry. The positive performance of some investments will neutralize the negative performance of others.

4 0
4 years ago
While training for her new job as a pharmaceutical sales representative, Valerie spent several days shadowing an experienced com
Kaylis [27]

Answer:

The correct answer is Culture

Explanation:

The culture of an organization is a set of rules, customs and beliefs and behaviors  that the employees share which contribute to the uniqueness of the business.

Oganizational Culture is based on the shared beliefs and attitudes including written and unwritten rules that have been developed overtime which are valid.  

Organizational Culture also affects the way people and groups interact with each other. Therefore, The experienced rep was following the rules and beliefs  of the company by focusing on the benefits of the new drug while not volunteering pricing information, side effects, or comparison data.

3 0
4 years ago
An increase in the excise tax on cigarettes raises the price of cigarettes by shifting the:______
Oliga [24]

An increase in the excise tax on cigarettes raises the price of cigarettes by shifting the demand curve for cigarettes leftward.

<h3>What is the effect of an increase in excise tax?</h3>

When the excise tax is increased, it would become more expensive to purchase cigarettes. This would discourage consumers from purchasing cigarettes.

This would affect the demand for cigarettes. Thus, the demand curve would be affected. The demand curve is a graph that shows the relationship between price and quantity demanded.  When there is a decrease in demand, the demand curve would shift to the left.

Here are the options:

demand curve for cigarettes rightward.

-demand curve for cigarettes leftward.

-supply curve for cigarettes rightward.

-supply curve for cigarettes leftward.

To learn more about the demand curve, please check: brainly.com/question/25140811

#SPJ1

8 0
2 years ago
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