subject
Business, 23.04.2020 01:22 trinityrolle529

Southern atlantic distributors began operations in january 2018 and purchased a delivery truck for $20,000. southern atlantic plans to use straight-line depreciation over a four-year expected useful life for financial reporting purposes. for tax purposes, the deduction is 45% of cost in 2018, 30% in 2019, and 25% in 2020. pretax accounting income for 2018 was $220,000, which includes interest revenue of $36,000 from municipal bonds. the enacted tax rate is 25%.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:20
Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.
Answers: 3
question
Business, 22.06.2019 09:00
Afood worker has just rinsed a dish after cleaning it.what should he do next?
Answers: 2
question
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
question
Business, 22.06.2019 11:00
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
Answers: 2
You know the right answer?
Southern atlantic distributors began operations in january 2018 and purchased a delivery truck for $...
Questions
question
Computers and Technology, 19.07.2019 07:30
question
Mathematics, 19.07.2019 07:30
question
Mathematics, 19.07.2019 07:30
question
Mathematics, 19.07.2019 07:30
question
Mathematics, 19.07.2019 07:30
Questions on the website: 13722367