Because of wireless service costs plummeting in the last year, and as mobile phones are increasingly common, many people now using their mobile phones to make calls across a wide region at night and on weekends, when numerous wireless companies provide unlimited airtime for a relatively small monthly fee.
(A) Because of wireless service costs plummeting in the last year, and as mobile phones are increasingly common, many people
(B) As the cost of wireless service plummeted in the last year and as mobile phones became increasingly common, many people
(C) In the last year, with the cost of wireless service plummeting, and mobile phones have become increasingly common, there are many people
(D) With the cost of wireless service plummeting in the last year and mobile phones becoming increasingly common, many people are
(E) While the cost of wireless service has plummeted in the last year and mobile phones are increasingly common, many people are

Your take on decision making process

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.