Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Swingley Company uses an accelerated method to depreciate its fixed assets for tax purposes and the straight-line method for financial reporting purposes. In 2011, the accelerated method recognized depreciation of $35,000, while the straight-line method recognized depreciation of $20,000. Taxable income and net income before taxes for that year were $65,000 and $80,000, respectively.
a. If the federal income tax rate is 35 percent, prepare the journal entry recorded by Swingley to accrue its 2011 tax liability.
b. If the federal income tax rate is 30 percent, prepare the journal entry recorded by Swingley to accrue its 2011 tax liability.
c. Briefly explain why the deferred income tax account is considered a liability on the balance sheet and why it is less when the tax rate is 30 percent rather than 35 percent.
Calculate the price of a 15-year 4 percent annual coupon bond. Assume the market is yielding 5 percent on similarly risky instrument. Please show your work and explain why this is a premium or a discount bond.
Alpha Waffles need to expand & increase their market share by 40 percent in the next 2 years. They would need to improve their packaging & spend money on advertising.
Capital gains taxes The following table contains purchase and sale prices for the nondepreciable capital assets of a major corporation. The firm paid taxes of 40% on capital gains.
calculation of firms growth rate and capital gains yield at given dividend options1.nbspnbsp investors receive a total
1. Look up annual dividend of Microsoft (MSFT) on finance.yahoo.com. Assuming Microsoft dividend grows by 3% every year for 10 years and the discount rate is 6%. a. What is the intrinsic price of Microsoft today and is it more or less than the market..
Dry Goods is expected to pay yearly dividends of 1.15 , 1.20 and 1.35 a share over the next 3 years, respectively. After that the dividend is expected to increase by 2.5 percent yearly.
You hear someone say, “We do not write uncovered options, so our gamma is always positive.” Explain this statement, and state whether you agree or disagree with it.
If a firm extends 3/10, net 45-day terms of sale. What is the cost in terms of nominal APR? Assume a 360-day year.
a. What is the IRR of each alternative? b. What is the present value of costs of each alternative? Which method should be chose.
Segmentation of consumer markets can lead to questionable practices, specifically in targeting what some may define as "vulnerable" market segments. For example, very young children are considered by some to be "vulnerable".
Computation of the future contracts and the margin money and how much money will be required for margin account
Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What oth..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd