subject
Business, 01.11.2019 01:31 cxttiemsp021

Amstore inc. sold some of its heavy machinery at a gain. amstore used the straight-line method for financial accounting depreciation and expensing for tax cost recovery. if accumulated depreciation for financial accounting purposes is less than accumulated depreciation for tax reporting purposes, what is the nature of the book–tax difference associated with the gain on the sale?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 1
question
Business, 22.06.2019 20:30
Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.
Answers: 3
question
Business, 22.06.2019 23:40
John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?
Answers: 1
question
Business, 23.06.2019 08:30
Ryan receives an e-mail that states the internet is being cleaned up and that he should leave his computer powered-off for 24 hours after receipt of this message. after careful review of the message contents and verifying the information with the desk he realizes this is:
Answers: 2
You know the right answer?
Amstore inc. sold some of its heavy machinery at a gain. amstore used the straight-line method for f...
Questions
question
Mathematics, 21.01.2021 01:10
question
Health, 21.01.2021 01:10
question
History, 21.01.2021 01:10
question
Mathematics, 21.01.2021 01:10
question
Social Studies, 21.01.2021 01:10
question
Mathematics, 21.01.2021 01:10