A revenue item that initially causes book income to be more than taxable income is a(n) temporary difference and, in later periods, when that revenue item causes book income is less than taxable income, it is a(n) temporary difference.

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be