please solve:

The following information pertaining White Corporation is available for the year ended 2015:

Pretax financial income, $500,000.

Unearned revenue, $60,000, was deferred on the books but recognized in taxable income of 2015 (future deductible).  $35,000 and $25,000 of this temporary difference (i.e., the unearned revenue) will be reversed in 2016 and 2017, respectively.

The tax rates of 2015, 2016 and 2017 are 30%, 25%, and 25%, respectively.

Instructions:

(a) Compute White's 2015 taxable income.

(b)  Prepare the journal entry to record income tax expense, deferred income tax asset, and income taxes payable of White for 2015.

​(Using EBIT-EPS​ break-even analysis) Home​ Depot, Inc.​ (HD), had 1244 million shares of common stock outstanding in​ 2016, whereas Lowes​ Companies, Inc.​ (LOW), had 929 million shares outstanding. Assuming Home​ Depot's 2016 interest expense is ​$919 ​million, Lowes' interest expense is ​$552 ​million, and a 35 percent tax rate for both​ firms, what is their​ break-even level of operating income​ (i.e., the level of EBIT where EPS is the same for both​ firms)?

The EBIT indifference level is ​$

nothing. ​(Round to the nearest​ dollar.)

20.24 Xr20-24 The quarterly earnings (in $millions) of a large soft-drink manufacturer have been recorded for the years 2013–2016. These data are listed here. Compute the seasonal indexes given the regression line

y^=61.75+1.18t (t=1,2,...,16)

Year

2013 2014 2015 2016

Quarter

1 52 57 60 66

2   67 75 77 82

3   85 90 94 98

4  54 61 63 67

Use the seasonal indexes and trend line to forecast the quarterly earnings for the years 2014 and 2015 in Exercise 20.24 (above)

Gandolfi Construction Co. purchased a used CAT 336DL earth mover at a cost of $405,000 in January 2016. The company’s estimated useful life of this heavy equipment is 10 years, and the estimated salvage value is $83,000. Required: a. Using straight-line depreciation, calculate the depreciation expense to be recognized for 2016, the first year of the equipment’s life, and calculate the equipment’s net book value at December 31, 2018, after the third year of the equipment’s life. b. Using declining-balance depreciation at twice the straight-line rate, calculate the depreciation expense to be recognized for 2018, the third year of the equipment’s life.

College students were asked to rate the spring festivals at university in years 2016, 2017, and 2018. The following table shows the students’ ratings on a scale from 0 to 100 where larger values are assigned to better activities. Construct an ANOVA table and determine whether there is a significant difference among the student appreciation of spring festivals for different years. Assume a significance level of α = 0.05.

2. Excerpts from the financial statements for two restaurant chains in Hollister, MO are shown below.

Please calculate the overall and comparative sales increases for both companies and compare and contrast the numbers. Comment on the growth and health of each company.

Part 1

Between 2015 and 2016, the country of West Fredonia experienced a growth rate of -2.6%. If nominal GDP had increased by 1.3% and the population growth was recorded as 0.4%, then calculate the annual inflation rate in West Fredonia. Give your answer to one decimal._____________    %

Part 2

Using the information in the table above, calculate economic growth for 2015. Give your answer to two decimal places.
__________    %

Please make a comparative analysis in 250 words for both companies over three years. Make sure the analysis goes into reason for the changes and sounds professional.

Mr. Briggs purchased an apartment complex on January 10, 2016 for $2 million with 10% of the price allocated to land. He sells the complex on October 22, 2018 for $2.5 million. Assume that 10% of the $2.5 million selling price is allocated to land and 90% is allocated to the building. \

a. How much depreciation was allowed for 2016?

b. How much depreciation is allowed for 2018?

c. Will any of the gain be ordinary income?

d. What is the amount of gain and the character of the gain on the sale of the building?

e. What is the amount of gain and the character of the gain on the sale of the land?

f. Will any of the gain be taxed at 25%?