Newberry corp. has pretax accounting income of $100,000. newberry has tax depreciation in excess of financial accounting depreciation of $20,000. bad debt expense on the income statement was $5,000, and bad debts for tax reporting was $2,000. the enacted tax rate is 40%. what entries will be included in the journal entry to record income tax at year-end?

Which of the following pairs is most similar to each other?

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?