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ludmilkaskok [199]
1 year ago
13

When putting away pallets of freight into multiple depth drive-in bays, what level of racking should be stocked first, second, a

nd last?
Business
1 answer:
Solnce55 [7]1 year ago
7 0
The level of racking that should be stocked first would be the top bay, followed by the middle bay, and the last level to be stocked would be the bottom bay. It's simpler to remember, "top, middle, then bottom" when putting away pallets of freight into multiple depth drive-in bays. I hope this helps!
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"Ayres Services acquired an asset for $80 million in 2021." The asset is depreciated for financial reporting purposes over four
Greeley [361]

Answer:

a. The cumulative temporary book-tax difference for the depreciable asset are as follows:

December 31, 2021 = $60 million

December 31, 2022 = $40 million

December 31, 2023 = $20 million

December 31, 2024 = $0

b. The balance to be reported in the deferred tax liability account are as follows.

December 31, 2021 = $15 million

December 31, 2022 = $10 million

December 31, 2023 = $5 million

December 31, 2024 = $0

Explanation:

Note: See the attached excel file for the calculation of cumulative temporary book-tax difference for the depreciable asset and the balance to be reported in the deferred tax liability account for December 31 of years 2021, 2022, 2023 and 2024 in bold red color.

In the attached excel file, the following formula are used:

Cumulative Temporary differences at December 31 of the current year = Cumulative Temporary differences at December 31 of the previous year + (Depreciation on the tax return at December 31 of the current year - Depreciation on the income statement at December 31 of the current year)

Balance to be reported in deferred tax liability account at December 31 of the current year = Cumulative Temporary differences at December 31 of the current year * Tax rate

Download xlsx
3 0
2 years ago
Melon Lawn Co. advertises its new XJ200 lawn mower. Salespersons describing the XJ200 on behalf of Melon Lawn describe it as a "
kramer

Answer:

<em>c. puffery</em>

Explanation:

Puffery happens when <em>advertisers are trying to encourage people across different techniques to purchase  a product or service.</em>

A business can send an amusing advertisement about its product,  contrast the product to a similar item, mention product details,  or make broad statements about the product that can not be proven to be true.

7 0
2 years ago
Dorothy (an audit manager) has been assigned to the audit of Tandem Electric, Inc. Dorothy is concerned that Joanne, a friend fr
Helga [31]

Answer:

c. Dorothy should consider the threats to her independence and whether safeguards may be applied that reduce the threat(s) to an acceptable level.

Explanation:

The best application of the AICPA conceptual framework approach in this scenario is that: Dorothy should consider the threats to her independence and whether safeguards may be applied that reduce the threat(s) to an acceptable level.

<u>The threat of independence in the scenario is not high enough to warrant the resignation of Dorothy from the audit team because her friend is not the Finance Director or person in charge of primary preparation of the financial statements but just a member in the internal audit team, hence the risk to her independence is relatively moderate.</u>

Dorothy already believes that she will be objective, hence she should consider the threats to her independence and whether safeguards may be applied that reduce the threat(s) to an acceptable level.

7 0
2 years ago
Based on beck's account, what were some of the hardships that prisoners faced on the bataan death march? check all of the boxes
nydimaria [60]
Being forced to stand in the hot sunenduring beatingscatching diseases<span>getting shot</span>
3 0
2 years ago
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Celaneo Avionics makes aircraft instrumentation. Its basic navigation radio requires​ $60 in variable costs and​ $4,000 per mont
Tomtit [17]

Answer:

$400 per unit

Explanation:

Variable cost $60 * 20 units = 1200

Fixed cost = $4000

Total current cost is $5,200

Total sales is 280 * 20 = $5,600

net income (Sales - Total cost) = $400

If CEO wants to increase net income by $1,100 the

Net income = Total sales - Variable cost -Fixed cost

Net income $1,500 = x - ($60 + $40) * 20 units - $4,000+ $500

Total sales = $1,500 + $2,000 + $4,500

Total sales = $8,000

Sales price per unit = $8,000 / 20 units

Sales price per unit = $400 / unit

5 0
2 years ago
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