During 2014, which was the first year of operations, oswald company had merchandise purchases of $985,000 before cash discounts. all purchases were made on terms of 2/10, n/30. three-fourths of the items purchased were paid for within 10 days of purchase. all of the goods available had been sold at year end. which of the following recording procedures would result in the highest cost of goods sold for 2014? 1) recording purchases at gross amounts2) recording purchases at net amounts, with the amount of discounts not taken shown under "other expenses" in the income statementa. 1b. 2c. either 1 or 2 will result in the same cost of goods sold. d. cannot be determined from the information provided.

Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."

Because the demand for wheat tends to be inelastic. true or false

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?