The controller for Cara Company has just completed recording the company's tax expense and deferred taxes for the year ending December 31, 2013, the company's first year of operations. As a result of multiple future deductible temporary differences, Cara Company's balance sheet currently shows a $4,290,000 deferred tax asset. After consultation with the CEO and other executives, the controller determined that it is more likely than not that 40% of the deferred tax asset will not be realized. What net amount will be reported for the deferred tax asset on Cara Company's balance sheet at December 31, 2013?

a) $2,574,000
b) $4,290,000
c) $6,006,000
d) $1,716,000

Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion, gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?