subject
Business, 20.09.2020 14:01 therealpr1metime45

Green Corporation reported pretax book income of $1,012,000. During the current year, the net reserve for warranties increased by $50,600. In addition, tax depreciation exceeded book depreciation by $103,000. Finally, Green subtracted a dividends received deduction of $25,300 in computing its current year taxable income. Green's cash tax rate is:

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:00
Jorge is a manager at starbucks. his operational plan includes achieving annual sales of $4,000,000 for his store. with only one month left to end of the fiscal year, jorge realizes that he won't reach his annual sales goal. what are his options?
Answers: 2
question
Business, 22.06.2019 07:10
Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.
Answers: 3
question
Business, 22.06.2019 07:30
Select the correct answer. sarah works in a coffee house where she is responsible for keying in customer orders. a customer orders snacks and coffee, but later, cancels th snacks, saying she wants only coffee. at the end of the day, sarah finds that there is a mismatch in the snack items ordered. which term suggest data has been violated? a. security b. integrity c. adding d. reliability e. reporting
Answers: 3
question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
You know the right answer?
Green Corporation reported pretax book income of $1,012,000. During the current year, the net reserv...
Questions
question
Mathematics, 25.01.2021 14:50
question
Mathematics, 25.01.2021 14:50
question
Social Studies, 25.01.2021 14:50
question
Mathematics, 25.01.2021 14:50
question
Mathematics, 25.01.2021 14:50
question
Mathematics, 25.01.2021 14:50
question
Mathematics, 25.01.2021 14:50
question
Mathematics, 25.01.2021 14:50
Questions on the website: 13722363