For calendar year 1, clark corp. reported depreciation of $300,000 in its income statement. on its year 1 income tax return, clark reported depreciation of $500,000. clark’s income statement also included $50,000 of accrued warranty expense that will be deducted for tax purposes when paid. applicable enacted tax rates are 30% for year 1 and year 2, and 25% for year 3 and year 4. the depreciation difference and warranty expense will reverse over the next 3 years as follows: depreciation warranty difference expense year 2 $ 80,000 $10,000 year 3 70,000 15,000 year 4 50,000 25,000 $200,000 $50,000 these were clark’s only temporary differences. in clark’s year 1 income statement, the deferred portion of its provision for income taxes should be

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005

What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.