Exercise 16–1 Requirement 1 Since taxable income is less than pretax accounting income‚ a future taxable amount will occur when the temporary difference reverses. This means a deferred tax liability should be recorded to reflect the future tax consequences of the temporary difference. Income tax expense (to balance) 140‚000 Deferred tax liability ([$400‚000 – 250‚000] x 35%) 52‚500 Income tax payable ($250‚000 x 35%) 87‚500 As a result‚ net income is $260‚000: Pretax accounting
Premium Generally Accepted Accounting Principles Balance sheet Taxation
Exercises 1. Synergy Valuation a. Cost and revenue synergies Managers of an acquiring company anticipate cost savings pretax of $50 million in the first year of the deal and $100 million the next and that thereafter the savings would grow @ inflation‚ 2%. Marginal tax rate is 30%. The firm must invest $1 billion to achieve these savings and starting in the third year must spend 5% of the pre-tax savings to sustain the rate of savings. As part of rationalization of operations‚ some assets will be
Premium Revenue Cash flow Stock
equipped for that kind of thing. In this paper‚ issues surrounding inadequacies of Palliative care in Nigeria will be examined. Health care should be a necessary right for everyone irrespective of age‚ gender‚ religious tendency‚ educational background‚ social status‚ and race or color during any illness and especially when nearing the end of life. According to the centre for advance palliative care: “Palliative care is specialized medical care for people with serious illnesses. It focuses on providing
Premium Palliative care Hospice Health care
The article I read was Children: A Protected Species in Palliative Care by Brian Nyatanga. The article describes palliative care as a death process in which the patient‚ family‚ and friends benefit from being involved throughout the tough situation. The article mainly focuses on how children are usually not involved or even informed of the patient’s health issue(s). Children are commonly not involved for varies reasons‚ but generally because the parents don’t want the child to become affected in
Premium Psychology Family Childhood
Palliative care is an area of health care that provides care for patients who are ill and caused their health to deteriorate progressively‚ and rapidly at times toward the end of life‚ the purpose of palliative care is to relief pain‚ yet maintaining best quality of life and supporting the patient’s family before and after the patient has come to eternal sleep and when the illness has come to attempts at cure are impossible (Clevelandclinicmeded.com‚ 2015). Home palliative care are for patients
Premium Palliative care Palliative care Health care provider
Exercises Audience relationship: The “You” Attitude Rewrite these sentences to reflect your audience’s viewpoint: 1. Your e-mail cannot be processed; we request that you use the order form on our website instead. Please use the order form on our website to enable to process ur email. 2. We insist that you always bring your credit card to the store. Please always bring your credit card to the store. 3. We want to get rid of all our CRT monitors to make room in our warehouse for the new LCD flat screen
Premium Employment The Order Money
Meghan Glass 11/21/2014 Exercise 11 Article for exercise: Troy‚ N. W.‚ & Dalgas-Pelish‚ P. (2003). The effectiveness of a self-care intervention for the management of postpartum fatigue. Applied Nursing Research‚ 16 (1)‚ 38–45. 1. What demographic variables were measured at least at the interval level of measurement? I think marital status should have been because postpartum moms that are single are going to have a higher level of fatigue due to less help‚ whereas moms that are married will have
Premium Statistics Standard deviation Scientific control
Jaynet spends $30‚000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm- one offer was for $110‚000 per year‚ and the other was for $80‚000. However‚ she turned both jobs down to continue a painting career. If Jaynet sells 25 paintings per year at a price of $8‚000 each: a. What are her accounting profits? Accounting profits are equal to the total amount of money taken in sales‚ income or/ and revenues minus the dollar cost of production
Premium Supply and demand
I chose exercise 14.3 II. In this exercise we had to watch the local news‚ national news‚ and the local paper and answer the following questions‚ how many stories are apparently intended to appeal to our emotions and our sympathies‚ which stories seem to have been intended to grab attention by appealing to our curiosity or love of scandal‚ which seemed to be selected for their entertainment value‚ and how many stories seem intended to make us fearful for our safety or grateful for our security?
Premium Police Ohio Nuclear weapon
Death. I’m surrounded by it‚ surrounded by life fleeing people’s lungs at the Hospice and Palliative Care in Columbia MO. For the patients in this center‚ their days have become numbered. I can hear the machines churning away‚ a machine that has become most of these patients single life source. A realization then quickly hits me‚ I’m breathing in the same air that others in this very building are using to take their last. Families rush in and out of the rooms‚ franticly getting in their last
Premium Family Mother Father