Eloise, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that foreign work experience demonstrates independence, resourcefulness, and entrepreneurship to potential employers.
<u>Explanation:</u>
The work experience in foreign demonstrates the skills that includes, confidence, independence, Adventure sense, Sense of ambitions, adaptability and open minded nature. Working at overseas helps in increasing the confidence. It also improves the sense of being adventurous and make the individual more independent.
When the independent nature of an individual gets enhanced, he or she will develop a sense of being an entrepreneur. There will be a lot of resources inside the mind of an individual with which he or she can start a own business.
Answer:
• Under U.S. GAAP, companies recognize deferred tax assets and then reduce those assets with an offsetting valuation allowance if its is not more likely than not that the asset will be realized.
• Under IFRS, deferred tax assets only are recognizefd to begin with if its is probable (defined as '' more likely than not'') that they will be realized.
Explanation:
A deferred tax asset occurs when taxes are either been overpaid or there's an advance payment for them. In this scenario, they're not yet acknowledged in the income statement.
Valuation allowance is a reserve used by a business to offset the deferred tax asset. The statements that are true about the valuation allowance are:
• Under U.S. GAAP, companies recognize deferred tax assets and then reduce those assets with an offsetting valuation allowance if its is not more likely than not that the asset will be realized.
• Under IFRS, deferred tax assets only are recognizefd to begin with if its is probable (defined as '' more likely than not'') that they will be realized.
A. allows you to diversify as opportunities develop.
Answer:
a.$37,560
Explanation:
Cash balance $40,000 at month end = Cash balance $52,000 at beginning + cash receipts in June of $532,160 - cash disbursements of $581,720 + New borrowing
⇔ $40,000 = $2,440 + new borrowing
⇔ New borrowing = $40,000 - $2,440 = $37,560
If Skot wishes to maintain a cash balance of $40,000, Skot have to borrow $37,560 if it started the month with a cash balance of $52,000
