Preview File Edit View Go Tools Window Help 60% Wed 10:43 am a IMG_5904.heic Search On 1 July 2017, Bright Star Ltd was incorporated. The accounting profit and other relevant information of Bright Sta for the two years to 2019 are as follows: 2019 2018 Profit before tax $4 500 000 $3 600 000 Warranty expense 1500 000 DOCX 1.docx 60 000 60 000 Depreciation expense – machinery Gain on sale of machinery for accounting | Warranty paid 750 000 Tax depreciation – machinery 90 000 90 000 Gain on sale of machinery for tax IMG 5903.hei 750 000 1500 000 Provision for warranty- carrying amount Provision for warranty-tax base - Machinery-carrying amount 180 000 240 000 Machinery-tax base 120 000 210 000 IMC The company tax rate is 30%. 山TC FEB 1 17 W •..
Preview File Edit View Go Tools Window Help 60% Wed 10:43 am a IMG_5904.heic Search On 1 July 2017, Bright Star Ltd was incorporated. The accounting profit and other relevant information of Bright Sta for the two years to 2019 are as follows: 2019 2018 Profit before tax $4 500 000 $3 600 000 Warranty expense 1500 000 DOCX 1.docx 60 000 60 000 Depreciation expense – machinery Gain on sale of machinery for accounting | Warranty paid 750 000 Tax depreciation – machinery 90 000 90 000 Gain on sale of machinery for tax IMG 5903.hei 750 000 1500 000 Provision for warranty- carrying amount Provision for warranty-tax base - Machinery-carrying amount 180 000 240 000 Machinery-tax base 120 000 210 000 IMC The company tax rate is 30%. 山TC FEB 1 17 W •..
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter2: Financial Statements, Cash Flow,and Taxes
Section: Chapter Questions
Problem 21SP: Begin with the partial model in the file Ch02 P21 Build a Model.xlsx on the textbooks Web site. a....
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