subject
Business, 15.11.2019 01:31 angeleyes4u610p6np54

For its first year of operations, tringali corporation's reconciliation of pretax accounting income to taxable income is as follows: pretax accounting income $340,000 permanent difference (14,500) 325,500 temporary difference-depreciation (19,900) taxable income $305,600 tringali's tax rate is 36%.

what should tringali report as its income tax expense for its first year of operations?

a. $110,016.

b. $122,400.

c. $117,180

d.$120,681

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
question
Business, 22.06.2019 08:40
Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.
Answers: 3
question
Business, 22.06.2019 13:30
The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.
Answers: 2
question
Business, 22.06.2019 21:30
Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.
Answers: 1
You know the right answer?
For its first year of operations, tringali corporation's reconciliation of pretax accounting income...
Questions
question
Spanish, 23.10.2020 01:01
question
Chemistry, 23.10.2020 01:01
question
Mathematics, 23.10.2020 01:01
question
Mathematics, 23.10.2020 01:01
Questions on the website: 13722363