Assuming that the applicable tax rate is 21%, the Total provision for income tax expense is 105000 reported on its GAAP financial statements for year 2.
An income tax is a tax imposed on people or entities (taxpayers) in respect of the financial gain or profits attained by them (commonly called taxable income). taxation usually is computed because the product of a charge per unit times the assessable income. Taxation rates might vary by the kind or characteristics of the remunerator and therefore the kind of income.
The tax rate may increase as taxable income will increase (referred to as graduated or progressive tax rates). The tax obligatory on firms is sometimes legendary as corporate tax and is usually levied at a flat rate. Individual income is usually taxed at progressive rates wherever the tax rate applied to every further unit of financial gain increases.
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desalination of ocean water is expensive. which benefit of desalination makes the cost of the process worthwhile?
For human survival, fresh drinking water is made available is the benefit of desalination which makes the cost of the process worth while.
How desalination of ocean and sea water is suitable for drinking?In many parts of the world, there is a need to manage and provide alternate supplies of clean drinking water. The production of clean drinking water through the desalination of seawater and brackish waters is becoming a more viable option as a result of developments in membrane technology.
Desalination is a technique for demineralizing saltwater. Desalination, in its broadest sense, describes the procedure used to eliminate salts and minerals from a target substance, such as soil, which is problematic for farming.
Desalination is the procedure used to transform saltwater, especially seawater, into water suitable for use in irrigation systems or for human consumption. Desalination produces brine as a byproduct. Desalination is used by several submarines and seagoing vessels.
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a direct loan for personal purposes, home improvements or vacation expenses is called a. credit card b. installment cash credit c. mortgage d. open-end credit e. single lump-sum credit
A direct loan for personal purposes, home improvements or vacation expenses is called mortgage.
Therefore, correct answer is (C) mortgage
Auto and home mortgages are examples of closed-end credit, with the collateral being the home or car. Another well-liked category of closed-end credit is personal loans. The majority of personal loans are unsecured, although some may need collateral, like money in a savings account.
' What is personal loan?'
You can borrow money from a personal loan to spend it for a range of things. For instance, you might use a personal loan to pay for home improvements, debt consolidation, or a fantasy wedding. Online lenders, credit unions, and banks can all provide personal loans. You must pay back the money you borrow over time, usually with interest. Fees for personal loans may also be assessed by some lenders.
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53) the term legal capital is a descriptive term for a) par value. b) market value. 53) c) residual equity. d) stockholders' equity.
"Legal property" in this sense refers to stockholders' equity.
How is stockholders equity calculated?
Stockholder's equity can be computed by deducting a company's total liabilities from its total assets or by adding its share capital & retained earnings and removing its treasury shares.
Which four principal stockholder equity accounts are there?
Shares outstanding, extra paid capital, net assets, and treasury stock are the four factors that are taken into account when calculating stockholder's equity. If company's shareholders' capital is positive, it has sufficient assets to cover its obligations; if it is negative, it has more liabilities than assets.
What is a good capital stockholder equity ratio?
Anything below 50 is considered a leveraged business. The higher the value, the less leverage the company has. Conversely, a company with a capital adequacy ratio of . Companies over 50 are considered conservative companies because they are financed more through stockholder equity than through debt.
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frequently, employers will create a group consisting of representatives of various segments of an organization to work on safety-related issues. these groups are commonly referred to as
Frequently, employers will create a group consisting of representatives of various segments of an organization to work on safety-related issues. these groups are commonly referred to as safety committee.
A safety committee is a work-related organization group that includes representatives from the management, front-line personnel, and office staff as well as other departments.
A safety committee's primary goal is to reduce the likelihood of accidents and illnesses at work. Additionally, it is responsible for training and informing workers about safety concerns, creating attainable safety objectives for the company, and promoting a safety culture within the workforce. Safety committees are often established organizations that meet on a weekly or monthly basis. However, it is typical for the safety committee to invite all employees to a quarterly or monthly safety meeting in smaller businesses.
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when each version of the iphone is first released, it is possible to see groups of excited consumers queuing up, sometimes for long periods of time, to be the first ones to purchase it. these consumers are known as according to the diffusion of innovation theory:
When each version of the IPhone is first released, it is possible to see groups of excited consumers queuing up, sometimes for long period of times, to be the first one to purchase it. These consumers are known as Innovators according to the diffusion of innovation theory:
The diffusion of innovations hypothesis explains the manner and rate at which novel concepts, behaviors, or goods spread among people. The innovators, early adopters, early majority, late majority, and laggards are the primary participants in the idea.
One of the first social science ideas is the Diffusion of Innovation (DOI) Theory, which was created by E.M. Rogers in 1962. It first appeared in communication to describe how an idea or product gradually builds momentum before diffusing (or spreading) over a particular demographic or social system.
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an item is ________ if it is likely to influence the decision of an investor or creditor.
An item is the Material if it is likely to influence the decision of the investor or the creditor.
An investor is someone who allocates capital with the expectation of a financial return. The types of investments made by investors can vary greatly, and may include stocks, bonds, mutual funds, real estate, commodities, and other financial instruments. Investors can be retail, meaning they invest their own money, or institutional, meaning they invest on behalf of organizations such as banks, insurance companies, pension funds, and other large entities. Investors typically have a long-term outlook for their investments, and are often looking for capital appreciation and/or income generated from their investments. Investors also seek to minimize their risks by diversifying their portfolios, investing in a variety of assets, and taking advantage of investment strategies such as hedging.
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banks and other financial institutions use savings deposits to help borrowers by
Answer:
option A
Explanation:
use deposits to make loans
alpha company uses its sales invoices to record revenue and update perpetual inventory records. inadequate control activities over the invoicing function allow goods to be shipped that are not invoiced. the inadequate control activities could cause an:
The inadequate control activities could cause an overstatement of revenues and receivables and an understatement of inventory.
Both the salesperson and the customer could get invoices at various times for reference and inventory needs. As a result, in the aforementioned situation, poor control may have led to an overstatement of sales and receivables and an underestimate of inventory. Additionally, it has been noted that the sales invoice gives the seller a record of what was sold, whether the transaction was completed or not, and the total amount paid. This information can be used to track down customers for billing purposes as well as for internal corporate records.
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if the marginal propensity to save is 0.25, investment spending is $600 million, and the government increases its transfers by $100 million, then real gdp increases by:
If the marginal propensity to save is 0.25, investment spending is $600 million, and the government increases its transfers by $100 million, then real gdp increases by $400 million.
Given that,
Marginal propensity to save (MPS) = 0.25
Investment spending (I) = $600 million
Government purchases increases by $100 million
MPC - Marginal propensity to consume
MPC + MPS = 1
MPC = 1 - 0.25
= 0.75
Government spending multiplier = 1 / (1-MPC)
= 1 / (1-0.75)
= 4
Increase in Real GDP = Government spending multiplier × Increase in
government purchases
= 4 × 100
= $400 million
the real gdp increases by $400 million
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What is empirical evidence and why is it important for scientific explanations?
Empirical evidence is employed in the scientific method to support or refute a hypothesis, claim, or statement.
What is empirical evidence?Evidence that supports or refutes a claim is said to be supported by or accessible to sense experience or an experimental process. This is known as empirical evidence. The sciences place a high value on empirical evidence, and it also has applications in many other disciplines including epistemology and law. On how to define the words "evidence" and "empirical," there is no consensus. Different fields frequently operate under quite distinct concepts. Evidence in epistemology is what establishes if a belief is rational or serves to support it. This is only possible if the individual has the evidence, which has led many epistemologists to think of evidence as a person's own private mental states like experiences or other beliefs.
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you are named as the pm on a new data warehouse project and notice in the charter that there are four business units listed as sponsors. the data warehouse system has been discussed at your organization for some time, but it's everyone's first exposure to implementing one. which of the following could present the biggest challenge on the project? a: the work breakdown structure(wbs). b: conflicting goals of the sponsors. c: the implementation team. d: integrated change control
Answer:
A. Conflicting goals of the sponsors
Explanation:
Hope it helps!
select the correct answer for the following question. if the appropriate managerial action or behavior in any given situation depends on elements of that situation (e.g., if the best motivational technique depends on the characteristics of the individual being motivated), which perspective on organizational behavior is being supported?
According to the situational viewpoint, which is the perspective on organizational behavior that is being promoted, the aspects of the circumstance will determine the proper managerial action or conduct in every given situation.
Situational perspective: what is it?An agency control strategy known as a situational angle places the manager's attention on a particular state of events rather than the more traditional methods of comparing or making decisions.It is a flexible management approach that assumes the control style to shape the agency's desires.The essential requirements of the business and the workplace act as the main motivators of decisions and actions rather than adhering to a general rule.As a result, from a situational perspective, organizational behavior is the process through which managers, based on a variety of variables, decide on the optimal course of action or behavior to use in a given circumstance.
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what is not required for a project to earn a superior level of achievement for ld1.3 provide for stakeholder involvement?
When a project meets or surpasses stakeholder expectations and accomplishes its goals, it is deemed successful.
How can you guarantee the involvement of stakeholders?Offer specialized, thoughtful experiences. Our stakeholders are our community, and we maintain their interest through pertinent and considerate experiences.
Meet With Them In Person.
Send Updates And Questions Frequently.
Write Newsletters for Stakeholders.
meet expectations
What is the primary objective of stakeholder involvement?The overarching goal of stakeholder engagement is "to develop a transparent decision-making process with greater input from stakeholders and their endorsement of the decisions that are decided" (Kelly, Jones, Barta, Hossinger, Witte, and Christian 2004).
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what is the value of a bond that matures in exactly 2 years, has par value of $100, an annual coupon of 4.4%, and is not callable? round your answer to three decimal places
A bond's par value is indicated on the bond's face. This identification displays the bond's value as well as the sum that the company agrees to pay when the bond expires.
In India, bonds typically have face values between 100 and 1000 rupees. The term "coupon rate" refers to the bond's interest rate.
What should X be ready to pay today to get the needed rate of 8% to buy a 5-year 1,000 par value bond whose nominal rate of interest is 7% if he will receive the bond's value at par at maturity? In Table 5.6, the bond's value is calculated. The bond is worth Rs. 279.51 plus 681.00.
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you walk into class ten minutes late and find your classmate sunghoon giving a presentation on politics and economic life. he discusses the need for private ownership of the means of production; profit as incentive; free competition for markets to sell goods, acquire cheap materials, and utilize cheap labor; and expansion and investment to accumulate capital. based on these key points, what is sunghoon giving his presentation on?
Sunghoon giving his presentation on the essential features of capitalism. Capitalism is based on theses key points such as profit as incentive, acquire cheap materials, investment to accumulate capital, and so on.
A system of economics known as capitalism is based on the private ownership of the means of production and their use for personal gain. Capital accumulation, competitive markets, the pricing system, private property, the acknowledgment of property rights, voluntary trade, and wage labor are key elements of capitalism.
The beginnings of modern capitalism as a theory may be found in the 18th-century work An Inquiry into the Nature and Causes of the Wealth of Nations by Scottish political economist Adam Smith, while those of capitalism as an economic system can be found in the 16th century.
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a fixed nominal interest rate of % with % inflation will yield the highest real rate of return for a lender. a)8; 1 b)11; 5 c)12; 7 d)19; 15
A fixed nominal interest rate of 8% with 1% inflation will yield the highest rate of return for a lender.
What is fixed interest rate?Fixed nominal interest rate can be defined as the interest rate which a lender is expected to receive.
Nominal interest rate is often calculated using this formula
Nominal interest rate = Real interest rate + Inflation rate
A fixed nominal interest rate of eight percent with one percent inflation will tend to yield the highest rate of return for a lender which implies that the lender will earn more profit as a result of the interest rate and inflation rate.
Therefore the correct option is A.
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what leadership approach focuses on the idea that the most effective leaders are those who are self-aware and not afraid to be themselves?
Authentic leadership approach (A) states that the most effective leaders should have self-awareness and are not afraid to be themrselves.
Let's discuss every optino we have
Realistic leadership refers to leader's characteristic with a solid foundation from which him and his team can construct sound solutions. Realistic leader have 7 fundamentals:
TransparentTruthfulOpenStrategicPragmaticOptimisticPerformance basedeTransformational leadership shows that a great leader tends to encourage, inspires, and motivates his followers to innovate and create the necessary change to achieve the best possible outcome. Transformational leaders are energetic, enthusiastic, and passionate.
Servant leadership is a leadership style where the leader of the team prioritize servin the greater good. Leader with this style serves and put his team and organization above himself. Servant leadership style focus more on empowering team members and decentralized its organizational structure.
Authentic leadership states that leader are seen as genuine and real. Authentic leader understand his working style and stay true to it, making his work the reflection of his ethics, values, and personalities. Authentic leader encourage ethical beaviors and open sharing of information to make decisions while accepting his followers' input.
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Complete Question:
What leadership approach focuses on the notion that the most effective leaders are those who are self-aware and not afraid to be themselves?
a. Realistic
b. Transformational
c. Servant
d. Authentic
Where is the loss on disposal of a plant asset reported in the financial statements?
The income statement's Other Expenses and Lost subsection is where the loss from selling a plant asset is disclosed in the financial accounts.
What do costs and expenses mean?Although costs and expenditures are related ideas that are occasionally used interchangeably, there are certain distinctions that organizations should take into account. An expense is a recurring expense, such as the pay of an employee or the rent for a shop location, whereas a cost normally refers to the amount paid to purchase an item.
What does expenditure serve?An expenditure is stated as an inflow of funds or assets made to another person or business to cover the cost of a good or service. With Sum Up Invoices, you can make attractive invoices for nothing. An expenditure is a cost incurred by a business that is disbursed to suppliers or used to pay for goods from other sources.
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brayden is investing $1,617 in three different stocks: zycodec, unix, and xenon. he will invest 40% of the total between zycodec and xenon in the unix stock. twice as much as the investment in zycodec will be given to xenon. how much will brayden invest in the unix stock? (2 points) $385 $462 $770 $924
Brayden is seen to be investing $1,617 in three the different stocks: Zycodec, Unix, and Xenon. So, Brayden in the Unix stock will invest $924.
Investment in the three different stocks - $1,617
Percent of the investment - 40%
Brayden investment in the Unix stock- ?
So, the investment in the Unix stock is calculated below-
40% x 1617 = 648.80 Split between X and Z stock.
2/3 is invested in X 1/3 in Z
=431.20 in X 215.60 in Z
=1617 - 648.8
= 968.20 in the Unix stock
Hence, Brayden in the Unix stock is investing the amount of $924.
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______________ include all of the costs of production that increase with the quantity produced.
Fixed costs
Variable costs
Average costs
Average variable costs
Variable costs include all of the increased costs of production with the increased quantity produced.
When sales or production increase, variable costs also increase; and when sales or production decrease, variable costs decrease as well.
What is an example of variable cost?A variable cost is an expense which changes in proportion to sales or production output. Examples of variable costs are raw materials, production supplies, piece-rate labor, delivery costs, commissions, packaging supplies, and credit card fees. For some accounting statements, the variable costs of production are defined as the Cost of Goods Sold.
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when a company issues 33,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include a:
When a business issues 33,000 shares of common stock with a $3 par value for $30 each, the journal entry for this issuance would also include a $891,000 credit to additional paid-in capital. Option (d) is correct.
A credit entry reflects a value transfer from the account, whereas a debit entry represents a transfer of value to the account. Each transaction involves the movement of money from credited to debited accounts.
Debit is the negative side of a result item and the positive side of a balance sheet account. Debit is an entry in bookkeeping that shows the addition of an asset or expense or the reduction of a liability or revenue on the left side of a double-entry accounting system. A credit is the polar opposite of a debit.
Journal entry:
Cash:
Debit : 990000
Credit : (33000*30)
Common stock : (33000*30) = 99000 and increase to (33000*3)
Additional paid in capital:
Credit : 891000
Additional paid in capital : (33000*27) = 891000
Final amount = Credit : 891000
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Correct Question:
When a company issues 33,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would include:
A. A credit to Common Stock for $990,000
B. A debit to Cash for $99,000
C. A debit to Additional Paid-in Capital for $99,000
D. A credit to Additional Paid-in Capital for $891,000
a signature on the back of a check whereby the rights of the check are transferred to another party is called a(n) .
Signature on the back of a check whereby the rights of the check are transferred to another party is called Black endorsement.
By signing the check's reverse side, you generate a blank endorsement. It is highly dangerous since anyone in possession of it has the ability to deposit money and make a payment claim. Only complete a blank endorsement.
When a holder of a negotiable instrument signs his or her name on the document's back to transfer ownership or title, the action is known as an endorsement. An endorsement might be given on behalf of another individual or business.
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hich would a broker call the buyer and seller in a transaction where neither is represented by the broker?
In this type of agency relationship, the broker does not represent either the seller or the buyer exclusively, and neither party can expect the broker's undivided loyalty. Undisclosed dual agency by a broker is illegal.
A call center agent is a person who handles incoming or outgoing patron requires an enterprise. A name middle agent might deal with account inquiries, client complaints, or aid troubles. An agent who manages both incoming and outgoing purchaser calls is also referred to as a mixed agent. A name center agent is an employee that manages inbound or outbound customers and requires an enterprise. An agent may manage a huge variety of obligations from account inquiries, client proceedings, or product and assistance issues.
this indicates having first-rate lively listening and verbal communique skills to reply accurately to a selection of clients with unique problems and queries. different perfect call center agent abilities consist of incredible information retention, interest in elements, organization, calmness underneath strain, and pace.
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The following are all functions of a chief information officer (CIO) EXCEPT ________. A) creating business opportunities
B) overseeing the accounting office
C) processing information
D) updating computer systems
E) balancing the benefits of technology against the costs
Out of the given options creating business opportunities is not the function of Chief information officer (CIO).
A chief information officer (CIO) is the firm leader in charge of information and computer technology management, deployment, and usability. Because technology is expanding and transforming industries throughout the world, the function of the CIO has grown in popularity and importance. The CIO examines how various technologies help the organization or improve an existing business process before integrating a system to realize that advantage or improvement.Over the years, the CIO's position has evolved. As businesses maintained their own computers, databases, and communications networks in the 1980s, the role became more technically oriented. Cloud computing, wireless communications, big data analytics, and mobile devices have made it possible for CIOs to create strategies and computer systems that maintain organizations competitive in a global market that is undergoing rapid change in the 2010s.
Predicting future computer technology developments that provide a company an edge over competitors is a key duty of a modern CIO. A person known as the chief operating officer of IT is typically responsible for the daily maintenance of a computer system.
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FILL IN THE BLANK. the sales message varies little from customer to customer in a(n) _____.
The sales message varies little from customer to customer in a(n) canned sales presentation.
A detailed, structured presentation known as a canned presentation presents its contents in a methodical, well-thought-out manner. There is less room for changes in a personalized presentation than there is in a general one because all pertinent details about the product are already included. When a presentation needs to be repeated several times, this kind of presenting might be helpful. If possible, future improvements can be made with a focus on the intended audience. This rigidity is particularly helpful for presenters who are anxious and can forget important details that need to be explained to potential customers.While creating a premade presentation, there are a few important considerations. The first is what the presentation's goal is. The presentation's goal should be made very clear. The prioritizing based on time constraints is the second most crucial factor. Prioritization should be used to show the most important information. The next crucial step is to do research on the intended audience to comprehend their underlying expectations and beliefs and make the content relevant and useful for those who will be watching it. The use of too many high-tech tools in a scripted presentation is discouraged since they may not always be accessible and the same presentation may be required to target various audiences.
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whose shares are issued and redeemed by the investment company at the request of investors? a. closed-end funds b. exchange-traded funds c. net asset value funds d. no-load fund e. open-end funds
An open-end fund is a type of mutual fund in which the investment company issues and redeems shares at the request of investors. Most open-end funds offer a wide range of services to their investors.
Therefore, correct answer is (e) open-end funds.
The Securities and Exchange Board of India (SEBI) defines an open-ended fund or scheme as one that is continuously available for repurchase and subscription. The main characteristic of open-ended funds is liquidity. Furthermore, these funds have no set maturity date. Investors can buy and sell units at the Net Asset Value (NAV), which is announced daily.
Open-end shares are not traded on exchanges and are priced at the end of each day at their portfolio's net asset value
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Option E - Open-end funds shares are issued and redeemed by the investment company at the request of investors.
An open-end fund is a type of investment vehicle that uses a pool of assets and permits ongoing inflows and outflows from the pool's investors.
As a result, open-ended funds could issue a theoretically infinite number of shares.
Open-end funds include many mutual funds and exchange-traded funds.
Open-end shares are priced at the overall portfolio net asset value (NAV) at the end of each day even though they do not trade on exchanges.
An open-end fund offers investors a simple, inexpensive option to pool funds and buy a diversified portfolio that reflects a certain investment aim. Investment goals can include, among other things, investing in large- or smaller businesses, for development or income, etc. Additionally, the funds might specialize investments on specific countries or industries.
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under current federal income tax law, what is the shortest cost recovery period available to investors purchasing commercial rental property (excluding any personal property)?
Under current federal income tax law, 39 years is the shortest cost recovery period available to investors purchasing a commercial rental property.
The Internal Revenue Service (IRS) imposes a tax on the annual income of individuals, businesses, trusts, and other legal entities. This tax is known as federal income tax. All forms of income that constitute a taxpayer's taxable income are subject to federal income taxes, including wages, salaries, commissions, bonuses, tips, investment income, and certain categories of unearned income.
The city, state, or nation where a person or business resides or conducts business is responsible for collecting tax from them. A tax is referred to as a federal tax when the proceeds are paid to the federal government of the nation. Federal taxes are used by governments to finance national development and maintenance.
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T/F a common organization for a technical document is: 1) introduction, 2) body, 3) summary.
The given statement is true. A person who works on technical documents mainly focuses on three things which are popularly known as introduction, body and summary.
Technical document means any report which signifies planning of a product, its purpose, implementation and way of producing it. Memo, letter, advertisements, catalogs, proposals etc. all come under technical documents. First part of a technical document is introduction. It includes a brief explanation about the product or content on which technical document is based. Secondly, writer emphasis on the body. Body is most crucial part of a document. It consist the techniques of resolving affairs and way of creating a product. Last part of the technical document is summary. It means writing all the key points that a report contains.
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Accounts Payable is a(n) ______ account and has a normal ______ balance. A. liability; debit. B. asset; debit. C. asset; credit. D. liability; credit.
Option D. liability; credit. Accounts Payable is a(n) LIABILITY account and has a normal CREDIT balance.
This is because when money is owed, the company has a liability to pay the money back to the creditor. Normal Balance of Accounts PayableAccounts Payable is a type of liability account, which is used to record money owed to creditors of the business. A liability is a debt owed to another person or entity and is typically recorded with a credit entry in the company's general ledger. This means that the normal balance of an Accounts Payable account is a credit. This is because when money is owed, the company has a liability to pay the money back to the creditor. Therefore, the normal balance of Accounts Payable is a credit.
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austin has arrived at a prospect's office 30 minutes earlier than his appointment time. what should austin do?
Austin should take the time to review his notes on the prospect, familiarize himself with the prospect's business, and review any materials he brought along. He could also use the extra time to take a walk around the area and get to know the neighborhood.
It is generally considered rude to arrive significantly earlier than the agreed-upon time for an appointment, as it may put the other person in an awkward position. If Austin has arrived early and is unable to wait in the reception area or in his car, he should politely explain the situation to the receptionist and ask if there is somewhere else he can wait until the appointment time. Alternatively, he could call or send a message to the prospect to let them know that he has arrived early and ask if it is okay to come up early.
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