Answer:
3,000
Explanation:
As the income will be taxed at 25% the income tax liability will be for that amount
12,000 x 25% = 3,000
The tax deferred liability is generated from a temporary difference. The company is paying less income tax today but will pay more in the future. Hence there is a liability.
The accounting reason for this treatment is to match expenses with the time they occur or the revenues which generated.
The impact at the time the payment is received is a Revenue $9000 increase with credit.
Turnover is the total amount of revenue generated from the sale of goods or services related to the company's main activities. Earnings, also known as total earnings, are often referred to as the "top line" because they are at the top of the income statement.
Revenue is the total revenue generated from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.
Revenue represents income from business activities and profit represents net profit after deducting expenses from income. Earnings can take many forms, including B. Sales, Commission Income, and Property Income.
The Revenue is used as an indicator of income quality. There are several financial metrics related to this. The main ones are gross margin and profit margin. Businesses also use earnings to determine the cost of bad debts using the income statement method.
Account receivable $9000 increasea with debit
Revenue $9000 increase with credit
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Answer:
10.29%
Explanation:
Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate.
To find the interest rate Kari must receive for her investment to double in 7 years, we would use the Rule of 72;
Rule of 72 = 72/7
Rule of 72 = 10.29%
Therefore, Kari must receive an interest rate of 10.29% for her investment to double in 7 years.
Answer:
C) scenario analysis considers the effect on NPV of changing multiple project parameters.
Explanation:
Scenario analysis is used to determine the effect on the end result if several parameters are changed . Sensitivity analysis on the other hand involves the effect on the end result due to change in one parameter. With regard to net present value, the scenario analysis on the project will based on effects of changing multiple parameters for example how NPV will change due to increase in price of the products sold, changes in inflation rate and changes in corporate taxes.
Supplementary angles equal 180 degrees.
180-113= 67
m<2= 67
I hope this helps!
~cupcake
