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yKpoI14uk [10]
2 years ago
7

For the year ended December 31, year 3, Colt Corp. has a loss carryforward of $180,000 available to offset future taxable income

. At December 31, year 3, all available evidence concerning future profitability is positive. Assume an income tax rate of 30%. What amount of the tax benefit should be reported in Colt’s year 3 income statement?
Business
1 answer:
Reika [66]2 years ago
5 0
The answer is 234,000
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The prospects for many types of jobs are ____ as automation progresses from manufacturing to clerical and retail jobs. Select on
Bingel [31]

Answer:

Poor

Explanation:

Automation has made certain jobs redundant and machines can now carry out most of the functions  usually carried out by labour. As a result, the prospects for many types of jobs is low

3 0
2 years ago
Juanita Cash, the operations planner for the First State Savings and Loan, is planning the next quarter's level of deposits. She
yulyashka [42]

Answer:

For each one percent increase in the interest rate, amount of deposit increases by 11.145%

Explanation:

To obtain the amount rate at which deposit increase per percentage increase in interest rate ;

We obtain the slope Coefficient of the regression equation between the amoub of deposit and interest rate paid.

From the result of the analysis given ;

The slope Coefficient of X, interest rate % is 11.145

Hence, For each one percent increase in the interest rate, amount of deposit increases by 11.145%

4 0
2 years ago
Measurements on two essentially monodisperse fraction of a linear polymer, A and B, yield molecular weights of 100,000 and 400,0
ANTONII [103]

Answer:

Explanation:

weight average = fraction of A X MW of A + fraction of B x MW of B  

Mixture 1  

1 / 3 x 100000 + 2/3 x 400000 = 900000 / 3 = 300000

Mixture 2

2/3 x 100000 + 1/3 x 400000 = 600000 / 3 = 200000

Number average  

Mixture 1  

(1 / 100000 x 100000 + 2 / 400000 x 400000) / (1/100000 + 2/400000 )

= 3 x 400000 / 6  

= 200000

Mixture 2  

(2/100000 x 100000 + 1/400000 x 400000 )/ (2/100000 + 1 / 400000 )

3 x 400000 / 9  

=( 4/3 ) x 100000

4 0
2 years ago
There are simultaneous changes in the demand for and supply of tablet​ devices, with the consequences being an unambiguous decre
lord [1]

Answer: c. Demand decreases and supply decreases.

Explanation:

When demand for tablets decrease, the demand curve shifts to the right. The price and quantity declines. At the same time, when supply also falls, the supply curve shifts to the left leading to an increase in price and a fall in quantity.

Since, decrease in demand and supply have opposite effect on the price there is no change in the price of tablets.

Both the forces work towards reducing quantity to quantity will fall unambiguously.

Thus, the correct option is c, Demand decreases and supply decreases.

3 0
2 years ago
Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur
Oduvanchick [21]

Answer:

Option C: 8.44 times

Explanation:

Quick ratio(also called as acid test ratio) is the indicator of a company's liquidity position at a very short period which only considers the most liquid assets and ignores Inventory & other assets which cannot be realised immediately.

As we know that Quick Ratio = [Current Assets - Inventory - Prepaid Assets] / Current Liabilities

2.00 = $79,000 - Inventory - 0] / $27,650

=> Inventory = $23,700‬

Inventory turnover ratio gives us the number of times the company sells and replaces its inventory during the period.

Annual Sales = $200,000

Inventory Turnover Ratio = Sales / Average Inventory

=> $200,000 / $23,700 => 8.44 times

8 0
2 years ago
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