subject
Business, 24.06.2019 21:40 yarahatimm9345

Assume maple corp. has just completed the third year of its existence (year 3). the table below indicates maple's ending book inventory for each year and the additional §263a costs it was required to include in its ending inventory. maple immediately expensed these costs for book purposes. in year 2, maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory. year 1 year 2 year 3ending book inventory $2,510,000 $2,950,000 $2,225,000 additional §263a costs 65,000 88,750 59,500 ending tax inventory $2,575,000 $3,038,750 $2,284,500 1. what book-tax difference associated with its inventory did maple report in year 1? was the difference favorable or unfavorable? was it permanent or temporary? 2. what book-tax difference associated with its inventory did maple report in year 2? was the difference favorable or unfavorable? was it permanent or temporary? 3. what book-tax difference associated with its inventory did maple report in year 3? was the difference favorable or unfavorable? was it permanent or temporary?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:00, lilakatedancer
To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks
Answers: 1
image
Business, 22.06.2019 15:00, swansondonovanp66got
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
image
Business, 22.06.2019 15:50, fireemblam101ovu1gt
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
image
Business, 22.06.2019 17:30, Envious1552
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?
Answers: 2
You know the right answer?
Assume maple corp. has just completed the third year of its existence (year 3). the table below indi...

Questions in other subjects: