User Account

All Pages

How much is the tax base of the liability

Assignment Help Accounting Basics
Reference no: EM132971359

Question - Current liabilities include accrued expenses with a carrying amount of P4,000. The related expense has already been deducted for tax purposes. How much is the tax base of the liability?

a. 4,000

b. 2,400

c. 1,600

d. 0

Reference no: EM132971359

Questions Cloud

Determine the future value of this annuity due problem : Assume you are planning to invest $100 each for 4 years and will earn 10% per year. Determine the future value of this annuity due problem
What was the average selling price for the common stock : Common Stock, $0.10 par value per share $98,000. What was the average selling price for the common stock issued (rounded to the nearest cent)
What will the overall tax rate be : What will the overall tax rate be if Tio instructed Ecuador to increase the price it charged Taiwain for each widget to $80 per share
Calculate the number of tickets brilliant must sell : Calculate the number of tickets Brilliant must sell each month to (a) break even and (b) make a target operating income of $12,000 per month
How much is the tax base of the liability : Question - Current liabilities include accrued expenses with a carrying amount of P4,000. How much is the tax base of the liability
Determine the carrying amount of total liability on January : The old effective rate is deemed to be 10%. Determine the carrying amount of total liability on January 1, 2020 after restructuring
Explain the differences between both profit statements : Explain the differences between both profit statements. Generate the profit statement using the absorption costing technique
Define high-performance teams : Example of a newsletter article explaining how to build HPTs. Include the following:
Develop to cope safely and efficiently : Identify key areas for improvement to the personal development (in relation to your behaviour towards others).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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