Chaz has an idea for a service business. it has worked well in other markets, and chaz sees

no reason why it should not work locally. the service involves renting dvds about colleges

and universities to high school students. the colleges chaz has contacted are all for it, and

the students he has talked to are excited about the idea as well. however, the three banks

from which he has tried to borrow money to set up his business are skeptical. they have all

turned him down for a loan.

what entrepreneurial characteristic should kick in here if chaz's business is going to

become a reality? why is that characteristic so important in this situation? why is it impor-

tant to entrepreneurs in general?

At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a. interns b. trainees c. members 2. a. participate b. train c. win

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."