What is the reason for preferring to send a print business letter rather than an email for an initial contact

The main reason for preferring to send a print business letter rather than an email for an initial contact is that the business letter is more professional than an email. An email contact is fine when you know the person after establishing a relationship, but without that relationship being built, it's best to keep it professional.

It’s more professional than an email- ape.x.

Explanation:

See below

Explanation:

Given that;

Deferred tax =

Temporary difference = $17,500,000

Taxable income = $45,000,000

Taxable income = $12,000,000

Tax rate = 25%

We would get the value of income tax expense for the current year

Deferred tax asset = (Temporary difference × Tax rate) - ( Referred tax at the end of the preceding year)

Deferred tax asset = ($45,000,000 × 25%) - $17,500,000

Income tax payable = (Taxable income × Tax rate)

Income tax payable = ($12,000,000 × 25%)

Valuation allowance in deferred tax = (One third of the temporary difference of the current year × Tax rate)

Valuation allowance in deferred tax = (1/3 × $45,000,000 × 25%)

Journal entries

Deferred tax Dr $13,000,000

($45,000,000 × 25%) - $17,500,000

Balance Cr $6,250,000

To Income tax payable

($12,000,000 × 25%) Cr $3,000,000

To Valuation allowance in deferred tax (1/3 × $45,000,000 × 25%) Cr $3,750,000