Answer:
a. current tax rate or future tax rates, depending on when the temporary difference will reverse.
Explanation:
Deferred Tax is not payable to tax Authority it is only a book entry used by Accountants to match Income taxes payable in terms of Income Act and Income taxes expected to be presented to users in financial Statements.
Deferred taxes are based on current tax rate or future tax rates, depending on when the temporary difference will reverse.
Answer:
$35,860
Explanation:
The computation of the ending inventory using the retail inventory method is shown below
Particulars Cost Retail
Opening Inventory(A) $63,800 $128,400
Purchases(B) $115,060 $196,800
Goods available
C=(A-B) $178,860 $325,200
Cost ratio
($178,860 ÷ $325,200 × 100) 55%
Sales at retail (D) $260,000
End, Inventory at Retail $65,200
($325,200 - $260,000)
End, Inventory at Cost $35,860
($65,200 × 55%)
Product Liability Law is the legal obligation of sellers to pay damages to individuals who are injured by defective or unsafe products.
The company would most probably be interested in early majority
.
<u>Explanation:
</u>
Adopter categories split consumers into sections on the basis of their willingness to try out new innovations or products.
The categories of adopters had been first given the name and defined by social scientist Everett Rogers in 1962 in the famous book Propagation of Innovation.
Adopter categories as a concept for the propagation of the theory of creativity are extended to several studies, amongst others, marketing, administrative studies, management of information, communications and research of complexity.
Early majority: If this group joins an idea or some other innovation, it appears to be adopted by the public shortly. This group makes useful decisions and practical advantages over coolness.
