Giada foods reported $910 million in income before income taxes for 2018, its first year of operations. tax depreciation exceeded depreciation for financial reporting purposes by $85 million. the company also had non-tax-deductible expenses of $68 million relating to permanent differences. the income tax rate for 2018 was 35%, but the enacted rate for years after 2018 is 40%. the balance in the deferred tax liability in the december 31, 2018, balance sheet is: a. $35 million. b. $16 million. c. $40 million. d. $56 million.

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.)

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is: