"During the current year, Stern Company had pretax accounting income of $48 million. Stern's only temporary difference for the year was rent received for the following year in the amount of $11 million. Stern's taxable income for the year would be:"
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Ответ:
$59 milliom
Explanation:
Calculation to determine what Stern's taxable income for the year would be:
Using this formula
Stern's taxable income=Accounting income +Rent received temporary difference
Let plug in the formula
Stern's taxable income=$48 million+ $11 million
Stern's taxable income=$59 million
Therefore Stern's taxable income for the year would be:$59 million
Ответ:
A foreign retailer has offered to purchase 25000 Teddy Bears for $4.00 per. ... Gund Manufacturing produces Teddy Bears and sells them for $6.50 each. ... The current average manufacturing cost per Teddy is $4.50, $2.50 of ... No variable non-manufacturing costs would be incurred by the special order.
Explanation: