The following facts relate to Wildhorse Corporation. 1. Deferred tax liability, January 1, 2020, $43,200.
2. Deferred tax asset, January 1, 2020, $0.
3. Taxable income for 2020, $102,600.
4. Pretax financial income for 2020, $108,000.
5. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $259,200.
6. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $37,800.
7. Tax rate for all years, 20%.
8. The company is expected to operate profitably in the future.

Requried:
Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020.

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?