subject
Business, 24.07.2019 17:10 isophk

For the year ended december 31, 20x5, tyre co. reported pre‐tax financial statement income of $750,000. its taxable income was $650,000. the difference is owing to accelerated depreciation for income tax purposes. tyre's effective income tax rate is 30%, and tyre made estimated tax payments during 20x5 of $90,000. what amount should tyre report as current income tax expense for 20x5?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
question
Business, 22.06.2019 19:00
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
question
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
question
Business, 22.06.2019 21:50
Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t
Answers: 3
You know the right answer?
For the year ended december 31, 20x5, tyre co. reported pre‐tax financial statement income of $750,0...
Questions
Questions on the website: 13722361