Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The question is not properly organised and is asking what the following action means, see below proper sequence:
1. A candidate recalling all the good things he has done, and omitting facts that would justify his defeat debating team is called (…).
2. Giving the impression that everyone is involved so the listener would feel the "danger" of missing out is (…).
3. An organized group that competes with others in the art of debate is (…).
4. Without any danger of error; basing actions on the truth is (…).
5. To inform and make known the opinions and feelings of oneself is (…).
Answer:
1. card-stacking
2. bandwagon
3. a debating Team
4. factually
5. propagandizing
Answer:
False
Explanation:
A sustaining innovation improves existing products. It does not create new markets or value markets, but develops existing ones with better value, allowing companies to compete against each other’s sustaining improvements. A sustaining innovation targets demanding, high-end customers with better performance than what was previously available. Some sustaining innovations are the incremental year-by-year improvements that all good companies grind out. Other sustaining innovations are breakthrough, leapfrog-beyond-the-competition products. It doesn’t matter how technologically difficult the innovation is, however: The established competitors almost always win the battles of sustaining technology. Because this strategy entails making a better product that they can sell for higher profit margins to their best customers, the established competitors have powerful motivations to fight sustaining battles. And they have the resources to win.
Answer:
Deferred Tax Asset:
The amount of taxes that is paid or carried forward but not yet identified in the income statement is referred as deferred tax asset
Journal Entries:
Debit: Income Tax Expense (balancing amount) = 812,500
Debit: Deferred Tax Asset = 87,500
Credit: Income Tax Payable = 900,000
- Income tax expense reduces the stockholders. equity. Hence, debit income tax expense with $812,500
.
- Deferred tax asset is an asset and is increased by $87,500. Therefore, debit deferred tax asset account with $87,500.
- Income tax payable increases the liability by $900,000. Therefore, credit Income tax payable account with $900.000.
Working note:
Determine the amount of deferred tax asset.
Deferred tax asset = Rent collected in 2021 × Enacted tax rate
Deferred tax asset = $350,000 × 25%
Deferred tax asset = $87,500
Determine the amount of income tax expense.
Income tax expense = Income tax payable — Deferred tax asset
Income tax expense = $900,000 = $87,500
Income tax expense = $812,500
Answer:
True
Explanation:
This statement is quite reasonable that most disgruntled guests complain but this is not entirely fair as some disgruntled guests do not even complain.
A satisfied guest is one who wishes for something and sets a price for it. Sometimes guests do not complain even when one of these two is fulfilled.
