Business, 21.10.2020 16:01 genyjoannerubiera
At the end of the year, the deferred tax asset account had a balance of $4 million attributable to a temporary difference of $16 million in a liability for estimated expenses. Taxable income is $44 million. No temporary differences existed at the beginning of the year, and the tax rate is 25%. Prepare the journal entry(s) to record income taxes, assuming it is more likely than not that three-fourths of the deferred tax asset will not ultimately be realized.
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Acme foods wants to make its chips saltier, but it doesn't want to spend more than it has to on salt. a sample of consumers are asked to compare its current chip (saltiness = 100) with saltier versions and to say whether the new version is saltier. on average, sample consumers reliably say the new chip is saltier when its saltiness value is 108, but not when its saltiness value is below 108. assuming acme foods' sample consumers are representative of people in general, which of the following best represents the just noticeable difference for saltiness? a. 8% b. 108 c. 80% d. 100
Answers: 2
At the end of the year, the deferred tax asset account had a balance of $4 million attributable to a...
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