Wright Co., organized on January 2, 2015, had pretax accounting income of $640,000, and taxable income of $1,600,000, for the year ended December 31, 2015. The only temporary difference was accrued product warranty costs, which were expected to be paid as follows: 2016 $320,000 2017 $160,000 2018 $160,000 2019 $320,000 The enacted income tax rates are 35% for 2015, 30% for 2016 through 2018, and 25% for 2019. If Wright expects taxable income in future years, the deferred tax asset in Wright's December 31, 2015, balance sheet should have been .

What is the difference between a public and a private corporation?

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

The simple interest in a loan of $200 at 10 percent interest per year is