Exercise 16–1 Requirement 1 Since taxable income is less than pretax accounting income‚ a future taxable amount will occur when the temporary difference reverses. This means a deferred tax liability should be recorded to reflect the future tax consequences of the temporary difference. Income tax expense (to balance) 140‚000 Deferred tax liability ([$400‚000 – 250‚000] x 35%) 52‚500 Income tax payable ($250‚000 x 35%) 87‚500 As a result‚ net income is $260‚000: Pretax accounting
Premium Generally Accepted Accounting Principles Balance sheet Taxation
Exercises 1. Synergy Valuation a. Cost and revenue synergies Managers of an acquiring company anticipate cost savings pretax of $50 million in the first year of the deal and $100 million the next and that thereafter the savings would grow @ inflation‚ 2%. Marginal tax rate is 30%. The firm must invest $1 billion to achieve these savings and starting in the third year must spend 5% of the pre-tax savings to sustain the rate of savings. As part of rationalization of operations‚ some assets will be
Premium Revenue Cash flow Stock
Exercise 28 writing assignment Antonia Korvezeetuin 25 1705NV Heerhugowaard The Netherlands The Editor Bergmolen 13 1704HP Heerhugowaard The Netherlands 26th August 2014 Dear Sir/Madam‚ First of all I would like to introduce myself‚ my name is Sander Boer‚ a seventeen year old student and yet I am attending comprehensive school. Recently I read an article written by you about the huge mess on the Mount Everest. I was really shocked about the dangers I read‚ and even the guides can’t handle
Premium Climbing
during the period of withdrawal how exercise can regulate your mood? no doubt we all believe that exercise is a magical key to lead a long and healthy life. Exercise has several benefits on our mind and body. By doing exercise regularly‚ the can stay away from a lot of body ailments which are a must with the advancing age. For seniors following an exercise routine is the ideal way to enhance their energy level and is stay fit. This is common that with advancing age we become less active. Lack of
Premium Physical exercise Obesity Exercise
15/15 - IT Infrastructure Chapter 1 Review Questions 1.1 ( 2 marks) What three kinds of organisational difficulties can communications technology help companies overcome? Firstly‚ companies that are geographically dispersed are made more manageable with good networks. Secondly‚ they help trim down middle management for top-heavy companies and lastly‚ they help break down the barriers between divisions within a company. Chapter 2 Problems 2.16 (3 marks) A digital video camera provides an
Premium Internet Internet Protocol IP address
If exercise maintains our health‚ do you maintain exercise? Some people may spend their little time or get up early to do exercise. But some people may think that it is not necessarily for them. The main point is that can exercise really advance for our healthy body? The answer is yes. And I don’t agree exercise can be detrimental to health. Exercise is the best way to regulate our weight. We burn our calories thought doing exercise‚ specially doing the aerobic exercise‚ which burning calories
Premium Hypertension Heart Death
It is very important to exercise. Exercise is important because it can keep you in shape and will improve your health for the better. Many studies have shown that regular activities and exercise can improve overall health substantially. Exercise reduces the risk of heart disease‚ stroke‚ certain cancers‚ and high blood pressure. Exercise can also help you to maintain healthy bones‚ muscles‚ and joints. Along with physical activity comes weight loss. Weight loss can improve the mental well-being and
Free Physical exercise Muscle Exercise
Cardio Pulmonary Practical The main aim of the practical was to assess‚ what affects did light exercise have on the systolic and diastolic blood pressure‚ heart and respiration rate‚ tidal volume‚ minute volume and percentage of gas. The readings were taken before exercise‚ during exercise and after exercise. Blood pressure is defined as the amount of pressure exerted on the vessels walls‚ during blood flow. Blood pressure can be measured using a sphygmomanometer. The upper value indicates the
Premium Blood pressure Blood Heart
In this file ACC 291 Week 2 Individual WileyPLUS Assignment you can find right answers on the following questions: 1. Exercise E8-3. The ledger of Hixson Company at the end of the current year shows Accounts Receivable $120‚000‚ Sales $840‚000‚ and Sales Returns and Allowances $30‚000. 2. Exercise BE9-13. Correct. Information related to plant assets‚ natural resources‚ and intangibles at the end of 2011 for Spain Company is as follows: buildings $1‚100‚000; accumulated depreciation-buildings
Premium Depreciation Balance sheet Asset
II. BENEFITS OF EXERCISE About 100 B.C.‚ Cicero observed that “exercise and temperance can preserve something of our strength in old age.” Aristotle stressed the need for exercise to maintain “a healthy mind in a healthy body.” In the Misneh Torah‚ the twelfth century Jewish scholar and physician‚ Rabbi Moses Maimonides‚ strongly recommended daily exercise and warned that “anyone who sits around idle and takes no exercise will be subject to physical discomforts and failing strength.” Early in
Premium Muscle Physical exercise Obesity