User Account

All Pages

Compute the amount to be reported as income taxes

Assignment Help Business Management
Reference no: EM131171097

In 2010, Amirante Corporation had pretax financial income of $168,000 and taxable income of $120,000. The difference is due to the use of different depreciation methods for tax and accounting purposes. The effective tax rate is 40%. Compute the amount to be reported as income taxes payable at December 31, 2010.

Reference no: EM131171097

Questions Cloud

Which communication channels did each company use : Prepare a 4,200- to 5,600-word IMC plan based on the product or service selected in the Learning Team Product and Market Identification Paper in Week 2. Determine the optimal combination of marketing tools based on market conditions and a selected..
Prepare a schedule of future taxable : (a) Prepare a schedule of future taxable and deductible amounts. (b) Prepare the journal entry to record income tax expense, deferred taxes, and income taxes payable for 2010, assuming a tax rate of 40% for all years.
Calculate the concentration of water vapor in atmospheric : Calculate the concentration of water vapor in atmospheric air at 80?F and 50 percent relative humidity. Express in units of ppm and μg/m3.
Does the ecological and contemporary perspective : Does the ecological and contemporary perspective on how health behaviors are influenced provide a well-rounded level of reasoning? Discuss your perspective and include supporting details.
Compute the amount to be reported as income taxes : The difference is due to the use of different depreciation methods for tax and accounting purposes. The effective tax rate is 40%. Compute the amount to be reported as income taxes payable at December 31, 2010.
Which statements best describe an aggressive family : Which of the following statements BEST describe an aggressive family? Which of the following statements is NOT a commonly-held negative view of conflict
Fundamental reasons for succes - zara : The Fundamental reasons for success, with a comparison to another successful and an unsuccessful company - how can Zara maintain its competitive advantage, here the concept of sustainability may be introduced?
Estimated litigation expense : The estimated litigation expense of $2,000,000 will be deductible in 2015 when it is expected to be paid. Use of the depreciable assets will result in taxable amounts of $1,000,000 in each of the next three years. The income tax rate is 30% for al..
Calculate the time required to obtain a sample : A grab sampler is used to collect a sample of pure gas. If the initial concentration of the gas in the sample volume is 0.5, and the volume and flow conditions are those of Prob. 13.10, calculate the time required to obtain a sample that is 99 per..

Reviews

Write a Review

Business Management Questions & Answers

  Weaknesses of theories of motivation

Strength and weaknesses of various theories of motivation - Please describe various common theories on motivation, explain them and if possible point out strengths and weakness.

  Research to find out about careers in database design

Do a little research to find out about careers in database design, administration, or management. What education is needed for these careers?

  What hurdles must institutional micro finance fund manager

What hurdles must institutional micro finance fund manager address while persuading clients to invest.

  Influence the buying behaviour of consumer

Do you think it is ethically acceptable to manipulate pictures of models/ celebrities in adverts to make them looks more attractive also in this way Influence the buying behaviour of consumer?

  Communications from mining company announcing accident

Draft two communications from the mining company announcing the accident, using what you have learned about audience and effective messages. One communication should be directed to the families of the trapped miners and the other should be an inte..

  Historical development of nursing science

The development of nursing as a profession had demonstrated that it is both an art and science. Previous to the 19th century, the armed forces and spiritual orders are the people who carry out the tasks of how nurses operate today. Several occurre..

  Money between measuring and reporting these two dimensions

Outcomes are ultimately what we want to achieve in healthcare. But process is what we can act to improve. If you had a fixed budget, how would you allocate your money between measuring and reporting these two dimensions?

  How wach dollar spent on food has a satisfaction value

Each dollar spent on food has a satisfaction value of 2, each dollar spent on shelter has a satisfaction value of 3, and also each dollar spent on entertainment has a satisfaction value of 5. Assuming a linear relationship, use the Excel Solver to..

  High-performance and self-directed teams

which is why the managers must be the first team to practice and demonstrate the traits of a high-performing team.

  Create a work breakdown structure

Work Breakdown Structure - Explain why is it importance to create a Work Breakdown Structure WBS

  Advances in mobile computing devices

Describe some of the latest advances in mobile computing devices. What trends do you see in the development of this equipment? Speculate on how future devices might look or function.

  Compare and contrast the roles of for-profit

Compare and contrast the roles of for-profit and non-profit organizations in the economy. Deliberate the impact of current fiscal and monetary policy on the economy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd