Business, 27.03.2020 00:28, wendybhenry61391
Extronic, a calendar year, accrual basis corporation, reported a $41,900 liability for accrued 2018 state income tax on its December 31, 2018, balance sheet. Extronic made the following state income tax payments during 2019:On December 27, Extronic's tax department calculated that the corporation's actual 2018 state income tax liability was $251,200. Consequently, Extronic accrued a $19,200 liability for state tax payable at year-end. Extronic paid this balance due on March 11, 2019.
a. If Extronic has not adopted the recurring item exception as its method of accounting for state income tax, compute its 2019 deduction for state income tax.
b. If Extronic has adopted the recurring item exception as its method of accounting for state income tax, compute its 2019 deduction for state income tax.
Answers: 3
Business, 22.06.2019 22:30, ajfijeoinf2750
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
Business, 23.06.2019 00:20, 218219
Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
Answers: 1
Business, 23.06.2019 03:10, kaitlynbrace9742
Wisconsin snowmobile corp. is considering a switch to level production. cost efficiencies would occur under level production, and after tax costs would decline by $36,000, but inventory would increase by $300,000. wisconsin snowmobile would have to finance the extra inventory at a cost of 13.5 percent. a. determine the extra cost or savings of switching over to level production. should the company go ahead and switch to level production? b how low would interest rates need to fall before level production would be feasible?
Answers: 1
Extronic, a calendar year, accrual basis corporation, reported a $41,900 liability for accrued 2018...
Mathematics, 31.08.2019 21:30
History, 31.08.2019 21:30
Geography, 31.08.2019 21:30
Geography, 31.08.2019 21:30
English, 31.08.2019 21:30
Geography, 31.08.2019 21:30
Geography, 31.08.2019 21:30