Questions
Explain the change in people's approach towards innovation and creativity, over a period of time.Answer in...

Explain the change in people's approach towards innovation and creativity, over a period of time.Answer in 250 - 300 words

In: Economics

critically evaluate the implications of “Barriers to Entry” on product Innovation and differentiation and market prices...

critically evaluate the implications of “Barriers to Entry” on product Innovation and differentiation and market prices in the monopolistic market structure?

In: Economics

Relationship between Innovation and Economic Growth: Technological progress and R&D spending. Please, summarize on a page.

Relationship between Innovation and Economic Growth: Technological progress and R&D spending.

Please, summarize on a page.

In: Economics

Why are innovation and entrepreneurial spirit important to market entry or market expansion? Give examples. (...

Why are innovation and entrepreneurial spirit important to market entry or market expansion? Give examples. ( 150 Word )

In: Operations Management

1. What are the challenges that are usually encountered in integrating innovation into environmental sustainability? Suggest...

1. What are the challenges that are usually encountered in integrating innovation into environmental sustainability? Suggest solutions to meet the challenges.

In: Operations Management

3. Discuss the following concepts in relation to entrepreneurship and business model innovation - Greiner Model...

3. Discuss the following concepts in relation to entrepreneurship and business model innovation - Greiner Model of Growth Evolution

In: Operations Management

Individual team member timely commitment and active participation are critical individual contributions to team- based innovation.

Individual team member timely commitment and active participation are critical individual contributions to team-
based innovation.

In: Accounting

Identifying appropriate data mining technique(s) for reaching goals on : innovation of intelligence transportation system nowadays...

Identifying appropriate data mining technique(s) for reaching goals on : innovation of intelligence transportation system nowadays .

In: Computer Science

Zdon Inc. reports an accounting income of $105,000 for 2020, its first year of operations. The...

Zdon Inc. reports an accounting income of $105,000 for 2020, its first year of operations. The following items cause taxable income to be different than income reported on the financial statements.1- Capital cost allowance (on the tax return) is greater than depreciation on the income statement by $16,000. 2- Rent revenue reported on the tax return in $24,000 higher than rent revenue reported on the income statement. 3- non-deductible fines appear as an expense of $15,000 on the income statement. 4- Zdon's tax rate is 30% for all years and the company expects to report taxable income in all future years. Zdon report under IFRS

Instructions:

a. Calculate taxable income and income tax payable for 2020.

b. Calculate any deferred tax balances at December 31, 2020.

c. Prepare the journal entries to record income taxes for 2020.

d. Prepare the income tax expense section of the income statement for 2020, beginning with the line "Income before income tax"

e. reconcile the statutory and effective rates of income tax for 2020. Round rates to one decimal place.

f. Provide the SFP presentation for any resulting deferred tax accounts at December 31, 2020. Be specific about the classification.

g. Repeat part (f) assuming Zdon follow ASPE

In: Accounting

Use the following data to select one best answer to the following question: What is the...

Use the following data to select one best answer to the following question:

What is the gross profit for the low-rise office building project by applying the Percentage of Completion method for recognizing revenue?

A construction company began operations on January 2, 2010. During the year the company was awarded one construction contract of low-rise office building. The company incurred $100,000 operating expenses for the year for which $75,000 has been paid while the balance is owed as of December 31, 2010. Project data is summarized for the project in the following paragraphs.

The initial contract for the low-rise office building was signed on January 5, 2010 in the amount of $1,000,000. This amount included $800,000 for construction costs, $150,000 for overhead mark-up, and $50,000 for profit markup. The contractor broke ground on February 4, 2010. During the course of construction the client decided to upgrade the quality of the lighting and plumbing fixtures, resulting in a change order issued to the contractor in the amount of $100,000 on October 7, 2010. The change order price was calculated by the contractor as follows: $50,000 construction costs, $37,500 overhead markup, $12,500 profit markup.

At the end of 2010, construction was not complete. However, the client was renting out office space to other entities as well as using some of the offices for the client’s own business entity. Work remaining as of December 31, 2010 included surfacing the parking lot, erecting a portable parking attendant’s station, miscellaneous site concrete work and landscaping. This work was schedule to be completed by May 1, 2010, weather permitting.

A summary of accounting data as of December 31, 2010 included total construction costs in the amount of $800,000 for which $600,000 was paid. The balance reflected unpaid bills for the month of December, and retention withheld on subcontracts throughout the course of the project. The total progress billing as of December 31, 2010 was $1,000,000 of which $900,000 was collected with the balance outstanding as retention receivable. The project manager estimated that given the work left to be completed, approximately $200,000 of construction cost would be incurred.

Question 7 options:

A)

80,000

B)

60,000

C)

20,000

D)

40,000

In: Accounting