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How can Impact of Income tax negatively influence your study choices and your future career?
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What can negatively affect a company's income?
loss of production
What following can negatively affect a company's income?
loss of production
If a company uses the periodic inventory system what is the impact on net income of including goods in transit fob shipping point in purchases but not ending inventory?
Understate net income
Why do companies use different depreciation methods for tax reporting and financial reporting?
Answer:Companies make different accounting choices for tax reporting and general financial reporting, because different incentives are in place. A profitable firm will most likely want to minimize income tax. As a result, management will make accounting choices that minimize net income, and as a result, minimize tax payments. Accounting choices that reduce taxable income include for example accelerated depreciation (instead of straight line) and LIFO (as opposed to FIFO).For general purpose financial reporting, management may want to show a more realistic picture of firm profitability (instead of showing the (legally) lowest possible net income number). So, accounting choices that are made for tax purposes are not always repeated for the general financial reporting.
How might lowering corporate income tax impact state revenue?
Attracting more businesses might raise corporate tax revenue.
Do instant loans negatively affect credit?
Credit scores are effected by many factors. One of the factors is how much debt you have in comparison to your income ratio. A high volume of debt, perhaps from an instant loan, when you have a low income, will negatively impact your credit.
How does design influence income?
design influence income
What can negatively affect a company's income?
loss of production
Do I Really Need To Have Good Credit Rating?
No. Actually your credit can be terrible. We know that operating a business can impact your credit, that's why we base our choices in your income not your individual credit.
What following can negatively affect a company's income?
loss of production
Are consumption and income positively related or are they negatively related?
They are positively, or directly related. An increase in income is associated with an increase in income; a decrease in consumption accompanies a decrease in income.
Four factors which influence the nutritional requirements of humans?
There are four main factors that influence food choices. These factors include income, availability, cooking methods and facilities as well as cultural background.
Why income can influence the consumption?
Although the formation of the question is a bit odd,here's the answer. Income in general has a direct impact on consumption. The greater the amount of income the greater the amount of consumption; simply stated as one's income increase he/she spends more of it on many different products or services. Conversely, as the quantity of income decreases,so does consumption. In this case of decreased income the discretionary money is spent mostly on necessities and basic foods,etc.
What are demagraphic and social trends?
Demographic trends refer to changes in population characteristics such as age, gender, ethnicity, and income levels within a certain area or region. Social trends pertain to shifts in attitudes, behaviors, and lifestyles within a society, which can influence how people interact and make choices. Both demographic and social trends can impact various aspects of society, including business, politics, and culture.
What are some factors that can influence the decisions you make?
group influence. level of income culture and religous beliefs
How does accuring period costs to the time of the product sale impact the income statement?
The impact is to increase expenses and therefore reduce net income. Is this a cost account ing class?
How does income influence growth and development?
get a life use a dictonary
