Sandoval company operates in a country in which distributed profits are taxed at 25 percent and undistributed profits are taxed at 30 percent. in year 1, sandoval generated pretax profit of $100,000 and paid $20,000 in dividends from its year 1 earnings. in year 2, sandoval generated pretax profit of $120,000 and paid dividends of $40,000 from its year 1 earnings. what amounts should sandoval recognize as current tax expense in years 1 and 2, respectively?

Being an expert problem solver is something you're either born with or not. true or false

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes