Business, 24.10.2019 05:00 jackyrodriguez92
The following information relates to franklin freightways for its first year of operations (data in millions of dollars): pretax acct income: $200 pretax acct income included: overweight fines: 5 depreciation expense: 70 depreciation in the tax return using macrs: 110 the applicable tax rate is 40%. there are no other temporary or permanent differences. franklin's balance sheet at the end of its first year would report:
(a) a deferred tax liability of $16 among noncurrent liabilities.
(b) a deferred tax liability of $16 among current liabilities.
(c) a deferred tax asset of $16 among noncurrent assets.
(d) a deferred tax asset of $16 among current assets.
Answers: 3
Business, 22.06.2019 04:10, Gillo34
An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
Answers: 3
Business, 22.06.2019 09:00, nicoleaaliyah
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
Answers: 1
Business, 22.06.2019 17:30, chrisd2432
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
The following information relates to franklin freightways for its first year of operations (data in...
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