On december 31, year 1, a publicly traded entity identified a tax position that will result in a $100,000 tax benefit that qualifies for measurement and should be recognized. the entity has considered the amounts and possible outcomes of the position being sustained upon examination as follows: possible individual cumulative estimated probability of probability of outcome occurring occurring
$100,000 20% 20%
$30,000 35% 55%
$10,000 45% 100% 100%
what amount should be recognized as the tax benefit as of december 31, year 1?
a.$0
b.$10,000
c.$30,000
d.$100,000

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false