The 19th group that destroyed machinery they thought would replace their jobs were the:.

Grand River Corporation reported pretax book income of $700,000. Included in the computation were favorable temporary difference

Oliga [24]

Answer:

The income subject to tax is 470,000

Income tax expense 105,000 debit

Income tax payable 98,700 credit

Income tax liability 6,300 credit

<u>DISCLAMER:</u>

We aren't given any tax-rate thus we calculate based on the 2020 tax for corporation which is 21%

Explanation:

The permanent difference will be ignored as they are permanent will not produce tax liability or tax assets in the future.

favorable temporary difference 200,000

unfavorable temporary difference (170,000)

net favorable temporary difference 30,000

In the current period, the company will pay for a tax-base 30,000 less

but, in the future this difference will settle this, I will create a tax-liability

30,000 x 21% = 6,300

income subject to income tax:

book income 700,000

permanent difference (200,000)

accounting taxable income 500,000

temporary difference <u> (30,000)</u>

Taxable Income 470,000

Income tax expense: 470,000 x 21% = 98,700

income tax expense: 500,000 x 21% = 105,000

6 0

3 years ago

Acme Movers is a company that ships goods and cargo to all locations in the United States. The employees understand that the com

kompoz [17]

Answer:

The function of the organization exemplified in the scenario of the question is: Shaping behavior by helping members make sense of their surroundings.

Explanation:

The principal vision of Acme movers encourages the culture of securing timely deliveries at low cost to destinations. Therefore, the employees are rewarded with performance-based awards and profit-sharing.

Culture helps to shape the behavior and attitudes of employees to achieve the objectives. Acme movers culture serves as a sense-making and control tool that guides and shapes the behavior of employees.

Thus, the function of the organization exemplified in the scenario of the question is: Shaping behavior by helping members make sense of their surroundings.

8 0

3 years ago

against the foregoing background obtain any road road traffic policy and demonstrate your understanding of that particular polic

Irina18 [472]

Answer:

road traffic policy is the application if safety measures to keep both vehicle owners and pedestrians safety or ensures safety in the road.

Explanation:

hope it helps .

7 0

3 years ago

At a production level of 5,150 units, a project has total cash costs of $130,789. The variable cost per unit is $11.07, and the

Sphinxa [80]

Answer:

d. $73,778.50

Explanation:

Variable Cost = $11.07 per unit x 5,150 units = $57,010.50

Total Cost = $130,789

Fixed Cost = Total Cost - Variable Cost

Fixed Cost = $130,789 - $57,010.50

Fixed Cost = $73,778.50

Since Depreciation is the Fixed Cost and we have been given the Total Cost of the Project, so the Depreciation is already included in the Fixed Cost.

Hence Total Fixed Cost is equal to $73,778.50.

3 0

3 years ago

In today's manufacturing environment, there is a growing philosophy that supports the deployment of smaller, less directly manag

Nastasia [14]

The team that includes about 5 to 15 members that work together to produce an entire product is called a Functional team

<h3>Who is a Functional team?</h3>

A Functional Team refers to a group of people with a common functional expertise who are working toward shared objectives (which is to produce an entire product.)

In conclusion, the team that includes about 5 to 15 members that work together to produce an entire product is called a Functional team