Business, 06.04.2020 18:22 stephanierey075
In 2015 Charmed, Inc. recorded book income of $370,000. Thecompany's only temporary difference relates to a $60,000 installment sale that it recorded for book purposes; there are no permanent differences. Charmed anticipates receiving payments equally over the following three years. The current enacted tax rate in 2015 is 35%. The substantively enacted tax rates for the following three years are 30%, 35%, and 38%, respectively.
Under U. S. GAAP, what deferred tax amount should Charmed record for this temporary difference?
A.$21,000
B.$20,600
C.$21,600
D.$20,000
Answers: 3
Business, 21.06.2019 16:30
Kinda moderates the comments section of an online travel magazine.which type of comments should linda flag or delete as inappropriate content
Answers: 2
Business, 22.06.2019 07:10
Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?
Answers: 1
Business, 22.06.2019 11:30
Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400
Answers: 3
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
In 2015 Charmed, Inc. recorded book income of $370,000. Thecompany's only temporary difference relat...
Mathematics, 06.02.2021 22:50
Social Studies, 06.02.2021 22:50
Mathematics, 06.02.2021 22:50
Mathematics, 06.02.2021 22:50
Social Studies, 06.02.2021 22:50
Mathematics, 06.02.2021 22:50
Mathematics, 06.02.2021 22:50