In 2014, david company accrued, for financial statement reporting, estimated losses on disposal of unused plant facilities of $2,400,000. the facilities were sold in march 2015 and a $2,400,000 loss was recognized for tax purposes. also in 2014, david paid $100,000 in premiums for a two-year life insurance policy in which the company was the beneficiary. assuming that the enacted tax rate is 30% in both 2014 and 2015, and that david paid $780,000 in income taxes in 2014, the amount reported as net deferred income taxes on david's balance sheet at december 31, 2014, should be aa. $680,000 asset. b. $360,000 asset. c. $360,000 liability. d. $720,000 asset.

Identify the three components of a family's culture and provide one example from your own experience

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)