When deferred income taxes are based on temporary differences that reverse during the next year and increase taxable income, they should be classified on a company's balance sheet as a current liability.
What are deferred income taxes?Deferred income taxes are a type of liability that arises when a business utilizes a different accounting method for financial statements and income tax purposes, resulting in a difference between the two calculations.
Because accounting techniques used for tax purposes are based on IRS tax laws, they must reflect precise items in income or expense. These tax-based accounting approaches must adhere to guidelines to produce accurate tax revenue calculations
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in the traditional systems development life cycle, end users: group of answer choices contribute only during testing. contribute heavily throughout development. are limited to providing information requirements and reviewing the technical staff's work. have no input. are important only during the conversion phase.
In the traditional systems development life cycle, end users contribute heavily throughout development.
In the traditional systems development life cycle (SDLC), end users play a significant role and contribute throughout the development process. They are not limited to just testing or specific phases but actively participate in different stages of the SDLC.
End users are involved from the early stages of gathering requirements, where they provide valuable insights and information about their needs and expectations from the system. They collaborate with the development team to ensure that the system aligns with their requirements and addresses their business processes effectively.
Throughout the development phase, end users continue to provide input by reviewing and evaluating the prototypes, design specifications, and functional requirements. Their feedback and involvement help in refining the system design and functionality.
During testing, end users play a crucial role by conducting user acceptance testing (UAT) to validate the system against their expectations and requirements. They provide feedback, identify issues, and ensure that the system meets their needs before its implementation.
In summary, end users in the traditional SDLC contribute heavily throughout the development process, from requirement gathering to design, development, and testing phases. Their active involvement ensures that the system is aligned with their needs and achieves the desired outcomes.
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"A customer contributed $50,000 to a variable annuity contract. The account value has grown over the years and the NAV is now $70,000. The customer is now age 60, and takes a lump-sum distribution of $25,000 to pay for expenses. Which statement is TRUE?"
Answer: $20,000 of the distribution is taxable and $5,000 is not taxable
Explanation:
The options to the question are:
A. The entire $25,000 distribution is not taxable
B. $5,000 of the distribution is taxable and $20,000 is not taxable
C. $20,000 of the distribution is taxable and $5,000 is not taxable
D. The entire $25,000 distribution is taxable.
From the question, we are told that a customer contributed $50,000 to a variable annuity contract and that the account value has grown over the years and the NAV is now $70,000.
We are further told that the customer is now age 60, and takes a lump-sum distribution of $25,000 to pay for expenses. This indicates that there will be tax deductible in the amount of :
= $70000 - $50000 = $20,000. It should also be noted that $5000 won't be taxed.
junk bonds, bonds with a low bond rating, are also known as
Junk bonds, which are bonds with a low credit rating, are also known as high-yield bonds. Junk bonds are considered to be risky investments because they are issued by companies with a high probability of defaulting on their debt. As a result, they offer a higher yield to investors in order to compensate for the increased risk.
Long-term investors may be attracted to junk bonds due to their high yields, but they should also be aware of the risks involved. Long-term investors should conduct thorough research before investing in junk bonds to determine the level of risk they are willing to take on. Junk bonds, bonds with a low bond rating, are also known as high-yield bonds. High-yield bonds, commonly referred to as junk bonds, are bonds that have a lower credit rating and therefore carry a higher risk of default.
Junk bonds or high-yield bonds are typically issued by companies with a lower credit rating. These companies may be financially unstable or have a higher risk of default, which is why they offer higher interest rates to attract investors. The higher yield compensates investors for taking on the increased risk associated with these bonds. Credit rating agencies assign ratings to bonds based on the issuer's creditworthiness, with high-yield bonds usually receiving ratings below investment grade.
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What is the solution to this equation x+15=28
Answer:
13
Explanation:
Trust me
paid rs.5,500 to sabina and
received discount of Rs.500
Answer:
5000 RS (THIS IS CORRECT)
Explanation:
5500-500
Answer:
Rs 5000
Explanation:
=5500-500
5000.....
which of the following statements regarding the execution of a strategy are true? multiple select question. some managers have more success than other managers with certain approaches to implementing strategy. many of the policies and procedures in a business strategy need to be customized to fit the particulars of a company's situation. making minor changes to an existing strategy requires the same procedures as implementing radical strategy changes. implementing a new strategy in a struggling company requires the same set of procedures as implementing a new strategy in a high-performing company.
In regards to the execution of a strategy, the following statements are true:
1. Some managers have more success than other managers with certain approaches to implementing strategy. This is because different managers possess unique skill sets, experiences, and leadership styles, which can impact the effectiveness of their strategy execution.
2. Many of the policies and procedures in a business strategy need to be customized to fit the particulars of a company's situation. Customization is essential because each company has unique challenges, resources, and goals, and a one-size-fits-all approach to strategy execution may not yield the desired results.
However, the following statements are not accurate:
1. Making minor changes to an existing strategy requires the same procedures as implementing radical strategy changes. In reality, minor changes often necessitate fewer resources and adjustments, while radical changes typically demand significant alterations to a company's operations and may require additional resources or a complete overhaul of existing processes.
2. Implementing a new strategy in a struggling company requires the same set of procedures as implementing a new strategy in a high-performing company. This is incorrect because struggling companies usually face more challenges and may need additional support to overcome them. In contrast, high-performing companies may already have established processes and resources that can facilitate the execution of new strategies more smoothly.
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A bond that pays interest semiannually has a price of $958.56 and a semiannual coupon payment of $29.50. If the par value is $1,000, what is the current yield
The current Yield on the price of $958.56 and a semiannual coupon payment of $29.50. If the par value is $1,000 is 6.16%.
What is current Yield?Current Yield is defined as the rate of return that is yielded by a bond on its actual price, without share for the information that it will be pay off at par at maturity date.
The formula of the Current Yield is:
\(\text{Current Yield}= \dfrac{\text{Annual Coupon Payment}}{\text{Price Of Bond}}}\)
According to the given information,
Price = $958.56
Coupon Payment = $29.50
Per Value = $1000
Current Yield = ?
Annual Coupon Payment:
\(\text{Annual Coupon Payment} = \text{Semi-Annual Coupon Payment} \times 2\\\\\text{Annual Coupon Payment} =\$29.50 \times 2\\\\\text{Annual Coupon Payment} = \$59\)
Then apply the given values in the above formula, to get the current Yield:
\(\text{Current Yield}= \dfrac{\text{Annual Coupon Payment}}{\text{Price Of Bond}}\\\\\text{Current Yield}= \frac{59}{958.56}\\\\\text{Current Yield}= 0.06155\\\\\)
Then the current Yield rate is:
\(=\dfrac{0.06155 }{14000}\\\\ =6.16\%\)
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Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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why is the effectiveness and stability of a country's financial system essential to economic growth?
a. It allows firms to finance technological advancements, which lead to economic growth.
b. The government cannot function without savings to invest.
c. Households cannot consume anything if they do not borrow money.
d. Firms need it to loan money to employess.
Answer:
In order for businesses to finance technical improvements, which fuel economic growth, a nation's financial system must be efficient and stable.
Explanation:
The effectiveness and stability of a country's financial system are essential to economic growth for several reasons. First, it allows firms to finance technological advancements, which can increase productivity and lead to economic growth. Second, a stable financial system provides a safe and reliable place for households to save their money, which can then be invested in productive economic activities. Third, a stable financial system allows firms to access credit and loans, which they can use to expand their operations, invest in new projects, and hire more employees. Overall, a stable and effective financial system is a crucial element of a healthy economy and is necessary for sustained economic growth.
Economic growth, when accounting for inflation, is the increase or improvement in the market value of the commodities and services produced by an economy over a given time period.
Statisticians have traditionally measured growth as a ratio of real gross domestic product, or real GDP.
Growth is typically calculated in real terms, or terms adjusted for inflation, to remove the inflationary distortion on the prices of produced goods.
Utilizing national income accounting, economic growth is quantified. Economic growth is measured as the annual percent change, which has the same advantages and disadvantages as GDP growth.
One common metric used to compare the economic growth rates of various countries is the GDP to population ratio (per-capita income).
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Is a Truck driving on the highway is one of the sixteen careers taught in Texas. Yes or No
True/False: Accounting deals with the financial future of a business while finance deals with its past.
True
Or
False
Answer:
False
Explanation:
False - it is the opposite: accounting due to what has happened to a business and kept records of it. Finance is what allow a business to grow in the future.
i agree with the top, it is false
For my personal finance class
Which of the following is an example of the paradox of value?
a. You might choose an inflatable raft over a luxury car if you are adrift at sea
b. You might choose a diamond over a bottle of water if you really love dressing up
c. You might choose a hamburger over a veggie burger at a fast-food restaurant
d. You might choose a pair of socks over a hat if you are feeling cold
Answer:
b because diamonds dressing up
PLEASE HELP!
Project: Create an Employment Dispute and Resolve It through Arbitration
Assignment Directions:
In an essay of at least 500 words, create a scenario in which an employment dispute arises. Look to the sample arbitration clauses in this lesson and consider referring to one of them (for example, a sample of the arbitration clause in the employment agreement between Party A and Party B).
Summarize the arbitration proceedings and decide in whose favor the arbitrator will make his award.
An essay to describe a scenario in which an employment dispute arises.
Employment disputeMenda group of companies hired Kelvin as a customer representative officer in which his job roles includes attending to customers complaint and also bringing in new customers. The employment agreement was to introduce least 10 new customers to qualify for 100% of his salary. For instance, if he brings 5 new customers, it means he will receive 50% of his salary.
Kelvin brought 3 new customers a particular months and he was payed 30% of his salary. He decided to file a lawsuit against his employer.
As the judge to preside over the case, Menda group of companies would be favoured because it was already in the employment agreement to pay percentage of new customers brought as monthly salary.
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Volleyball helps people reach their fitness goals by __________. A. using teamwork to win B. improving balance and agility C. improving spiritual health D. encouraging competition Please select the best answer from the choices provided. A B C D
Answer:
The answer is B. I had a test on this and b was right Edge 22.
Explanation:
Answer:
B!!
Explanation:
Good luck!
Using information from knowing why outsourcing is the best, why does it appear that Apple outsources to China?
Apple outsources to China because it offers lower manufacturing costs and access to a large pool of skilled labor. China has a strong manufacturing infrastructure, with many factories and suppliers that can produce high-quality components at a lower cost than in many other countries. Additionally, China has a large and highly skilled workforce, which is capable of producing large volumes of products with high levels of precision and quality. By outsourcing to China, Apple is able to take advantage of these benefits, while also benefiting from the country's strong intellectual property protection laws, which help to safeguard Apple's proprietary technology and designs. Overall, outsourcing to China allows Apple to reduce manufacturing costs, increase production efficiency, and maintain high levels of quality, which can help to improve its competitiveness in the global market.
a legal arrangement where two or more people share ownership of a business is called a . brainly
A partnership is a legal arrangement that allows two or more people to share responsibility for a business. Those partners share the ownership and profits, but they also share the responsibility, and potential losses.
What is a Partnership?For a collection of experts in the same field, partnerships function best when each partner actively participates in the management of the company. These frequently include of experts in the fields of medicine, law, accounting, consulting, finance & investment, and architecture.
Partnership arrangements come in many different forms. One type of business where partners may have minimal responsibility is a partnership where all participants share earnings and liabilities equally. Additionally, there is the so-called "silent partner," when one party does not participate in the day-to-day management of the company.
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Michael is a manager for a high-tech company. He is analyzing the results of his teams, and the stats startle him. The performance numbers are not where they were projected, even though quality and speed were up to par. What could describe the performance concerns Michael is having?
Answer:
Performance ambiguity
Explanation:
Performance ambiguity refers to the failure to understand why performance is failing to meet projections.
Since we are told his team on average did well on quality and speed, it becomes troubling or an issue of concern for the Manager when he cannot understand why the performance numbers are not where they were projected.
ABC Computer Company has a $20 million factory in Silicon Valley in which in builds computer components. During the current year, ABC 's costs are labor (wages) of $1.0 million; interest on debt of $0.1 million; and taxes of $0.1 million. ABC sells all its output to XYZ Supercomputer for $2.0 million. Using ABC's components, XYZ builds four supercomputers at a cost of $0.900 million each, which comes from $0.500 million worth of components, $0.2 million in labor costs, and $0.2 million in taxes per computer. XYZ has a $30 million factory. XYZ sells three of the supercomputers to other businesses for $1.0 million each. At year's end, it had not sold the fourth. The unsold computer is carried on XYZ 's books as a $0.900 million increase in inventory. According to the product approach, the total GDP contribution of these companies is $ million.
ABC Computer Company has a $20 million factory in Silicon Valley in which it builds computer components. During the current year, ABC 's costs are labor (wages) of $1.0 million; interest on debt of $0.1 million; and taxes of $0.1 million. XYZ Supercomputer purchases all of ABC's output for $2.0 million.
Using ABC's components, XYZ constructs four supercomputers at a cost of $0.900 million each, with $0.500 million in components, $0.2 million in labor costs, and $0.2 million in taxes per computer. XYZ has a $30 million factory. XYZ sells three of the supercomputers to other businesses for $1.0 million each. At year's end, it had not sold the fourth. The unsold computer is carried on XYZ's books as a $0.900 million increase in inventory. GDP = C + I + G + NX.
In the product approach, GDP is computed by measuring the amount of output created, starting from the producer of the first product and ending with the customer for the last one. In this case, the total GDP contribution of these companies is $4.2 million. ABC has an intermediate contribution of $2 million and XYZ has a final contribution of $2.2 million (3 supercomputers sold at $1 million each, plus $0.9 million worth of unsold inventory).Therefore, the total GDP contribution of these companies is $4.2 million.
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Everi holdings’ recent $18 million acquisition should help venuetize continue growing its mobile tech and e-commerce platform outside of the u. S. What is the world’s no. 1 betting country?.
China, particularly Hong Kong and Macau, is one of the top five countries with a large number of sports enthusiasts.
Hong Kong turned hooked up as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County on the give up of the first Opium warfare in 1841 then again in 1842.[18] The colony increased to the Kowloon Peninsula in 1860 after the second Opium battle and turned into in addition extended when Britain obtained a 99-12 months hire of the brand new Territories in 1898.[19][20] British Hong Kong was occupied by using Imperial Japan from 1941 to 1945 for the duration of world battle II; British administration resumed after the give up of Japan.[21] The entire territory turned into transferred to China in 1997.[22] As one among China's two special administrative regions (the opposite being Macau), Hong Kong maintains separate governing and economic systems from that of mainland China underneath the principle of "one usa, structures".
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If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.
LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000, and prepaid expenses were $17,500. At December 31, unearned service revenues was $18,600, and prepaid expenses were $23,100. The service revenues on cash basis is:
Select one:
a. $155,000
b. $147,600
c. $142,000
d. $136,400
At the end of the year, prepaid expenses were $23,100 and unearned service revenues were $18,600. The service's cash basis revenues total $136,400.
$142,000 plus $97,000, or $136,400, is the service revenue on a cash basis.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is money given to a business. An example of an activity that results in a receipt but no revenue is when a consumer prepays for a service or undeliverable products.
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Which of the following is not a reason for redesigning a product or service?
A) to reduce labor or material cost
B) to increase the level of customer satisfaction
C) to increase quality
D) to increase the level of employee satisfaction
E) to attract and increase customer demand
_______ bonds are characterized by interest payments that are required only when earnings are available.
Answer:
Income Bonds
Explanation:
An income bond is a bond that only promises to repay the principal and does not guarantee any sort of interest or coupon. Instead, interest is paid to creditors as income comes in to the issuer, as defined by the specifications of the note.
Somebody help I'll give 30 points
Answer:
1. Salesforce helps their people feel good by giving back to the community. They also offer great challenges and rewards, and have open communication culture.
2. Cisco offers good benefits that focus on family and enabling people to combine parenthood with their jobs. It’s also a great place to learn and develop professionally.
3. Admiral allows people to give back to the community through charity. They have built a strong sense of belonging and believe in the importance of having fun so people bring their best to work.
Explanation:
Answer:
Happy meal wih a mcdoobale
Explanation:
explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and triple bottom line
The main purpose of a business is to make profit. A businessmen will feel secure to operate his business activities in a country where he feels himself and his business activities secure.
When the shops and malls are looted in a country, the businessmen will have feeling of insecurity and so they will shut down their business activities because whatever profits they make from running business, it is looted by robbers.
There is always some social responsibility of the citizens that even in case of emergency situations they should not be unethical activities and indulge in criminal activities.
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Which of the following statements is incorrect about limited liability companies and the check-the-box regulations?a. If a limited liability company with more than one owner does not make an election, the entity is taxed as a partnership.b. All 50 states and the District of Columbia have passed laws that allow the creation of limited liability companies.c. An entity with more than one owner and formed as a corporation cannot elect to be taxed as a partnership.d. If a limited liability company with one individual owner does not make an election, the entity is taxed as a corporation.e. A limited liability company with one owner can elect to be taxed as a corporation.
The statement that is incorrect about limited liability companies and the check-the-box regulations is option c, which states that an entity with more than one owner and formed as a corporation cannot elect to be taxed as a partnership. This is incorrect as the check-the-box regulations allow for any eligible entity, including corporations, to elect to be taxed as a partnership. Therefore, option c is the incorrect statement.
The incorrect statement about limited liability companies and the check-the-box regulations is d. If a limited liability company with one individual owner does not make an election, the entity is taxed as a corporation. In reality, if a single-member LLC does not make an election, it is taxed as a disregarded entity, meaning the owner reports the income and expenses directly on their personal tax return, not as a corporation.
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Question 7 of 10
Which of the following is a tax-advantaged savings plan designed to
encourage savings for future college costs?
A. University plan
B. 529 plan
C. Scholarship plan
D. 592 plan
Answer:
It is the 529 plan to save money for college.
Explanation:
6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answer:
B. Customer needs, company goals, profits
Explanation:
Which of the following is not one of the benefits of using electronic slides as a visual aid
Answer:
B. It is difficult to record points made during a meeting on an electronic slide.