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2 years ago

Rein Inc. reported deferred tax assets and deferred tax liabilities at the end of 20X3 and at the end of 20X4.

Business

1 answer:

lilavasa [31]2 years ago

5 0

Answer: A

sum of the net changes in deferred tax assets and deferred tax liabilities.

Explanation:

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Identify which of the following statement(s) is (are) correct as to why accounting is important. (check all that apply.) manager

Dominik [7]

Answer:

The correct statements are A, B and C

Explanation:

Accounting plays a important role while running a business as it helps the company in keeping a track of expenditures as well as income, it ensures the statutory compliance.

Provide the owners, managers, investors and creditors reliable information so that could take the decisions.

It summarizes the information and help in conveying the information related to the firm activities.

It records as well as communicate the information regarding the business.

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3 years ago

A target audience is the group of customers that is singled out to be reached by an advertising campaign or other promotion. T/F

Ivanshal [37]

Answer: True

Explanation: A target audience can be defined as the portion of the total audience on which an advertising campaign is focused. These are the target recipient of the marketing message that the offering entity is intending to send.

This is the modern approach to marketing in which the company after developing its product tries to identify the specific users of it, the users can be identified on the basis of age , gender or any other characteristic.

Hence, from the above we can conclude that answer is true.

8 0

3 years ago

In some cases, governments use trade and investment policies to keep foreign companies out of their countries. What is the purpo

lana66690 [7]

Answer: I think it is A

Explanation:

5 0

3 years ago

Why would a government want to use expansionary fiscal policy to help stimulate aggregate demand if, in the long run, we would e

Oksana_A [137]

Answer:

It could take a long time for prices to adjust by market forces alone.

Explanation:

Based on the information provided within the question it can be said that the the government would want to do this mainly due to the fact that It could take a long time for prices to adjust by market forces alone. Therefore by using expansionary fiscal policy they would speed this process up and get prices adjusted in a much shorter time-frame.

8 0

3 years ago

LM Products has total assets of $48,900, total debt of $21,750, long-term debt of $18,100, owners' equity of $27,150, dividends

kondaur [170]

Answer:

-$1,908

Explanation:

Current liabilities:

= Total debt - Long term debt

= $21,750 - $18,100

= $3,650

Retained earnings:

= Net income - Dividend

= $5,500 - $1,925

= $3,575

Increase in assets:

= Total assets × Percentage increase in sales

= $48,900 × 4%

= $1,956

Increase in liabilities:

= Current liabilities × Percentage increase in sales

= $3,650 × 4%

= $146

Increase in retained earnings:

= Retained earnings × (1 + 4%)

= $3,575 × 1.04

= $3,718

Therefore,

External financing need:

= Increase in assets - Increase in liabilities - Increase in retained earnings

= $1,956 - $146 - $3,718

= -$1,908

7 0

3 years ago