Corporation reports an income tax expense/payable for book purposes of $200,000 and $250,000 for tax purposes. according to ion's management and financial auditors, ion will only be able to use $30,000 of any deferred tax asset, with the balance expiring unused. determine the amount of ion's deferred tax asset and valuation allowance from this year's activities, and construct ion's related journal entry for these items.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer; the inspector may have found some violation that could cause death or some kind of serious injury;

answer; no individual buyer or seller has any significant impact on the market price;

answer; decentralized;