Question 3-9: for reporting purposes, management prefers higher profits; for tax purposes, lower taxable income is desired. to meet these goals, firms often use different methods of deprecation for tax and reporting purposes. which deprecation method is best for reporting and which for tax purposes in the short run?

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)