Case 5-1 Income Smoothing a. Firstly‚ investors tend to invest in companies with stable earnings rather than one with volatile earnings. With stable earnings‚ there will be more likely an issuance of dividends and investors could easily predict the company’s future earnings compared to one with unstable earnings. With consistent earnings generated‚ it gives investors a secured feeling that it will again generate earnings as predicted. Confidence in the growth of rate of earnings is crucial because
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Tax Return Position Terrence Bellamy ACC/455 – Corporate Taxation April 15‚ 2013 John Nadalet Tax Return Position What position should you take on tax return? Decision-making is loosely defined as the cognitive process or reaching or making a certain choice based on physical‚ mental‚ and emotional reasoning. (“Define Decision Making”‚ 2013.) I have found myself making several decision on tax returns every year‚ some small‚ and others large and life altering. People can found themselves seriously
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Operating Systems Task 1 An operating system (OS) is a part of software which manages the operation of a computer. It controls the hardware and software of a computer‚ without it a computer would be useless. DOS Disk operating system (DOS) was released in 1981. It will load from a floppy disk each time a computer starts. DOS uses a command line interface. Command line interface can be difficult to use if you aren’t trained or experienced in using it. DOS is the predecessor to windows. DOS is
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Operating System An operating system (OS) is a collection of software that manages computer hardware resources and provides common services for computer programs. It is a program designed to run other programs on a computer. The operating system is an essential component of the system software in a computer system. Application programs usually require an operating system to function. Time-sharing operating systems schedule tasks for efficient use of the system and may also include accounting software
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difference; taxable income given LO1 Alvis Corporation reports pretax accounting income of $400‚000‚ but due to a single temporary difference‚ taxable income is only $250‚000. At the beginning of the year‚ no temporary differences existed. Required: 1. Assuming a tax rate of 35%‚ what will be Alvis’s net income? 2. What will Alvis report in the balance sheet pertaining to income taxes? Solution: Requirement 1 Since taxable income is less than pretax accounting income‚ a future taxable
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INTRODUCTION Operating system (OS) is a set of programs that acts as an interface between user and computer hardware. It also manages the internal resources of a computer like control Unit‚ arithmetic logic unit‚ memory unit‚ I/O unit etc. simply we can say that operating system (OS) is a communication channel between the user and the computer machine. It is must for any computer system because the OS is only: The one program that runs at all the times on the computer. The program that
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Technology II-C Passed to: Mrs. Maryjes Calades Operating system examples As computers have progressed and developed so have the operating systems. Below is a basic list of the different operating systems and a few examples of operating systems that fall into each of the categories. Many computer operating systems will fall into more than one of the below categories. GUI - Short for Graphical User Interface‚ a GUI Operating System contains graphics and icons and is commonly navigated
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1. Briefly‚ what is an operating system? An operating system serves as a hardware/software interface‚ acts as a repository for common‚ shared routines and defines a platform for constructing and executing application software. 2. An operating system presents an application programmer with a relatively "friendly" hardware/software interface. What does this mean? Why is it important? The user interface‚ sometimes called the shell‚ provides a mechanism for the user and application programs to communicate
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000+20‚000+7‚000+10‚000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) 16‚000 (26‚000-10‚000) during 2008. Its return on capital was 14.29% (16‚000/112‚000) which represents an increase from the 8.11% (6‚000/74‚000) in 2005. 4. SciTronics had $75‚000 of owner’s equity and earned $14‚000 after taxes in 2008. Its return on equity was 18.66% ($75‚000/$14‚000) an improvement from the 8.1% ($5‚000/$61‚000) earned in 2005. Activity Ratios 1. Total Assets turnover
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History Income tax levels in India were very high during 1950-1980‚ in 1970-71 there were 11 tax slabs with highest tax rate being 93.5% including surcharges. In 1973-74 highest rate was 97.5%. But to reduce tax evasion tax rates were reduced later on‚ by "1992-93" maximum tax rates were reduced to 40%. [2][3] [edit]Residential status‚ Scope of taxable income & Charge [edit]Charge to Income-tax Whose income exceeds the maximum amount‚ which is not chargeable to the income tax‚ is an assesse
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