1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
levacccp [35]
3 years ago
5

In 2020, Indigo Corporation had pretax financial income of $175,000 and taxable income of $130,000. The difference is due to the

use of different depreciation methods for tax and accounting purposes. The effective tax rate is 20%. Compute the amount to be reported as income taxes payable at December 31, 2020.
Business
1 answer:
Rom4ik [11]3 years ago
7 0
What’s the question
You might be interested in
Sadie hires a new manager. In a couple of weeks, she receives reports that the new manager often plays favorites and does not ac
gogolik [260]

Answer:

The correct answer is motivated blindness.

Explanation:

Ethical blindness is a psychological phenomenon derived from what is known as: motivated blindness. It is that people see what they want to see and easily lose sight of conflicting information when it is in their interest to remain ignorant. The conflict of interest has a lot to do with this phenomenon. For example, if in the same work team - in any direction - the director maintains a personal relationship with a collaborator, the mistakes she makes will tend to minimize them against mistakes of other team members.

Both moral silence and ethical blindness are widespread phenomena within our corporate culture, and unfortunately they only manifest themselves when there is fraud within the company or a problem that affects the image of the company.These usually grow especially when the company You are succeeding and reaching your strategic and financial goals. Top management should focus more on these phenomena not only for an ethical duty issue but for proper risk management within the organization.

5 0
3 years ago
Selling, general, and administrative expenses were $59,000; net sales were $268,100; interest expense was $6,300; research and d
ozzi

Answer:

$35,800

Explanation:

Gross Profit = Net sales - Cost of goods sold

                   = $268,100 - $145,500

                   = $122,600

Total Operating Expense:

= S, G & A Expenses + R&D expense

= $59,000 + $27,800

= $86,800

Operating Income = Gross Profit - Total Operating Expense

                               = $122,600 - $86,800

                               = $35,800

7 0
3 years ago
Your grandmother tells you a dollar doesn't go as far as it used to. She says the " purchasing power" of a dollar is much less t
Harrizon [31]

Answer:

See below

Explanation:

My grandmother is referring to the effect of inflation on the currency. Economist defines inflation as the general but gradual increase of prices in the economy over time. As a country experiences economic growth, prices of goods and services tend to increase. The government monitors the increase in prices using tools like the consumer price index (CPI). The resultant figure from the CPI is the inflation rate.

The government desires to keep the inflation rate at a predetermined optimal level. Should the economy grow at a fast pace, the inflation rate will probably rise. The government will respond with measures to control the growth and maintain stable prices.

An increase in prices means that the dollar will buy fewer goods and services than it could previously. A high inflation rate means prices are increasing at a fast pace. The dollar will buy fewer goods, which translates to dollar weakening.

Deflation is the opposite of inflation. It means a general decrease in price in the economy. During deflation times, the dollar gains strengths. It buys more goods and services than in the previous season.

4 0
3 years ago
Which fact supports the idea that renting is a good
kipiarov [429]

The fact that support the idea that renting is a good is Landlords take care of most maintenance.

<h3>What is renting?</h3>

Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.

It is obtaining a owner's property, in return for regular payments.

Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.

Learn more about renting here : brainly.com/question/13393299

#SPJ1

3 0
2 years ago
Firms pursuing a ________ strategy focus on the realization of location and experience curve economies.
Kazeer [188]

Firms pursuing a global standardization strategy focus on the realization of location and experience curve economies.

<h3>What is a global standardization strategy?</h3>

The capacity to apply standardized marketing messaging and campaigns across markets, regions, and cultures is referred to as a global standardization strategy. Global standardization is used by the world's largest brands, such as Adidas and Coca-Cola, to offer a consistent brand experience across countries and languages.

For example, the Coca-Cola Company uses global standardization in marketing by keeping the product's presentation largely consistent throughout markets. Even though several languages are shown on the items, the corporation uses the same design motif.

These advantages include cost reduction, international price reduction, competitive decrease, market position consolidation, and promotion of a distinct international image.

To know more about global standardization strategy follow the link:

brainly.com/question/17159333

#SPJ4

8 0
1 year ago
Other questions:
  • Malkin corp. has no debt but can borrow at 8.75 percent. the firm’s wacc is currently 16 percent, and there is no corporate tax.
    13·2 answers
  • Evidence seems to support the view that studying public information to identify mispriced stocks is: Select one: a. effective as
    14·1 answer
  • Use the midpoint method to calculate the price elasticity of demand for potato chips that increased in price from $2.00 to $3.00
    15·1 answer
  • Robert and pam get a $175,000 mortgage for 30 years at a fixed rate of 6.75%. their monthly payment amount is $1,135.05. what wi
    6·1 answer
  • Precision Cuts has a target debt-equity ratio of 0.55. Its cost of equity is 15.4 percent, and its pretax cost of debt is 7.8 pe
    15·1 answer
  • Hudson Co. reports the contribution margin income statement for 2019.
    13·1 answer
  • Select the correct answer. Scarlett is designing the pay structure for a selected candidate who will begin working in the produc
    8·1 answer
  • What makes government contracts unique?
    14·2 answers
  • Imagine that two goods are available to you: servants (X) and robots (Y). You like servants three times as much as robots. If yo
    6·1 answer
  • A manufacturing company has a pay structure based on job descriptions. As the company moves toward customizing production to mee
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!