Business
Business, 24.07.2019 20:30, laurabwhiddon

Two years ago, aggre inc. recognized the tax benefit of an uncertain tax position. income tax expense in that year was reduced by $20,000 as a result. in addition, aggre recorded a $5,000 tax liability for unrecognized benefits for the same tax position. during the current year, the uncertainty is resolved and a benefit of $22,000 is upheld. by what amount is current‐year income tax expense affected by the resolution of the prior uncertainty?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, AbyssAndre
Can you post a video on of the question that you need on
Answers: 2
image
Business, 22.06.2019 04:30, mt137896
Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)
Answers: 1
image
Business, 22.06.2019 17:40, bsheepicornozj0gc
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
image
Business, 23.06.2019 11:20, brookemcelhaney
The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level? a. 0.25 days b. 3 days c. 1 day d. 4 days e. 20 days
Answers: 1
Do you know the correct answer?
Two years ago, aggre inc. recognized the tax benefit of an uncertain tax position. income tax expens...

Questions in other subjects:

Konu
Mathematics, 14.12.2019 21:31
Konu
Mathematics, 14.12.2019 21:31