Suppose a publishing company is deciding whether or not to print 50,000 additional copies of an economic textbook. the company should print the textbooks if: they can get a good deal on the paper used to print the additional textbooks. the cost of printing the additional textbooks is zero. the marginal benefit (additional revenue) from selling the extra books is greater than the marginal cost of printing the books. the marginal cost of printing the extra books is greater than the marginal benefit (additional revenue) of selling the books.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.