Tate, inc. owns 80 percent of jeffrey, inc. during the current year, jeffrey sold merchandise costing $60,000 to tate for $75,000. at the end of the year, 10 percent of this merchandise remained in tate's inventory. the tax rate is 30 percent. assuming that a consolidated income tax returns is being filed, what deffered income tax asset is craeted?

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes

Suppose that two countries, britain and the u.s. produce just one good - beef. suppose that the price of beef in the u.s. is $2.80 per pound, and in britain it is £3.70 per pound. according to ppp theory, what should the $/£ spot exchange rate be? suppose the price of beef is expected to rise to $3.10 in the u.s. and to £4.65 in britain. what should be the one year forward $/£ exchange rate?