For calendar year 2015, kane corp. reported depreciation of $1,200,000 in its income statement. on its 2015 income tax return, kane reported depreciation of $1,800,000. kane's income statement also included $225,000 in accrued warranty expense that will be deducted for tax purposes when paid. kane's enacted tax rates are 30% for 2015 and 2016, and 24% for 2017 and 2018. the depreciation difference and warranty expense will reverse over the next 3 years as follows: depreciation difference warranty expense 2016 $240,000 $45,000 2017 $210,000 $75,000 2018 $150,000 $105,000 $600,000 $225,000 these were kane's only temporary differences. in kane's 2015 income statement, the deferred portion of its provision for income taxes should be

Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system