Lehman corporation purchased a machine on january 2, 2013, for $3,000,000. the machine has an estimated 5-year life with no salvage value. the straight-line method of depreciation is being used for financial statement purposes and the following macrs amounts will be deducted for tax purposes:

2013 $600,000 2016 $345,000 2014 960,000 2017 345,000 2015 576,000 2018 174,000 assuming an income tax rate of 30% for all years, the net deferred tax liability that should be reflected on lehman's balance sheet at december 31, 2014 be deferred tax liability current noncurrent a. $100,800 $7,200 b. $108,000 $0 c. $0 $108,000 d. $7,200 $100,800

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.