Need Accounting help with a Colorado company

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Colorado Company has provided you the following information.

Year  Taxable income  Income tax rate

2014  $390,000  35% 

2015  $320,000  37%

2016  $400,000  40%

2017  ($1,200,000)  40%

Colorado Company has decided to use the loss carryback and carryforward provision as a result of the year 2017 loss. The enacted tax rate remains at 40% after year 2017. Colorado Company has determined that a valuation allowance is not necessary.

Prepare the journal entry on December 31, 2017 to record the carryback and carryforward decision.

Part B (30 points)

The Matrix Company began operations as of the beginningof 2015. During  2015, Matrix reported GAAP (book) income before taxes of $789,500. For income tax purposes, depreciation expense was $150,000; for GAAP (book) purposes, depreciation expense was $74,000. Matrix accrued $900,000 of revenue for GAAP (book) purposes during 2015; $600,000 of the accrued revenue was taxable during 2015. Matrix earned interest of $79,800 from a municipal bond investment during 2015. Matrix’s marginal income tax rate is 40%. Matrix did not make any income tax payments during 2015.

a.  Determine Matrix’s taxable income for the year ended December 31, 2015.

b.  Prepare the 2015 year-end journal entry to record income tax expense.

Taxable Income

Accrued Revenue 600,000x 40% = 240,000

Interest Earned 79,800 x 40% = 31,920

240,000 + 31,920 = 271,920

Part C (30 points)

a.  For each of the items below, determine whether the items are temporary differences orpermanent differences. Also, for each temporary difference, you are required to determinewhether a deferred tax asset or deferred tax liability is created by the temporarydifference described. Assume that each of the temporary differences described is anoriginating difference.

1.  Municipal bond interest

2.  Accrued warranty expense

3.  Sales revenues received in advance

4.  Prepaid insurance where the tax deduction in future years will be less than the book expense

5.  Tax depreciation expense exceeds GAAP (book) depreciation expense

6.  Accrued bad debt expense

7.  The dividends received deduction

8.  Installment sales revenue (recognized currently for GAAP, recognized for tax purposes when cash is collected in future years)

9.  Life insurance payments for executives for which the company is the beneficiary

10.  Fines paid for law violations

ary differences result in deferred tax assets or deferred tax liabilities while permanent differences do not, and describe the difference in the formation of deferred tax assets and deferred tax liabilities.

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People of Chinese Heritage. People of Guatemalan Heritage

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review the attached PowerPoint presentation. Read content chapter 10 and 31 of the class textbook. Read content chapter 31 in Davis Davis Plus Online Website. Once done, please present an essay discussing the health care beliefs of both heritages and if there is any similarity in both heritages health care. Please mention how the health care beliefs affect the delivery of evidence-based health care.

The essay must be presented in an APA format, word document, Arial 12 font attached to the forum in the discussion tab titled “week 5 assignment”. The assignment must include at least 2 evidence-based references (excluding the class textbook). Reference should not be older than five years. A minimum of 2 replies sustained with the proper references must be posted to any of your peers.

A minimum of 700 words (excluding the first and references page) is required.

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digital marketing strategy section

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Work on this company:

Home

Requirements:

Word count: 300 to 400

This is the most important section of the marketing plan. Overall, the section outlines specific strategies for each marketing mix element and explains how each responds to the threats, opportunities, and critical issues spelled.

Here you should outline your ideas for how the business plans do the things below. Use a format that includes sections for:

1. Targeting and positioning: what value does your product offer compared to the competition? Who is your target(s)? How/where will you reach your target customers?

2. Search and online ads: what keywords are important and why. How will you handle SEO? Will you use paid search and/or online ad networks, both? If ad networks, which sites match your target market and why? Expand on this beyond these simple suggestions as you see fit.

 

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The lessons we take from obstacles we encounter can be fundamental to later success. Recount a time when you faced a challenge, setback, or failure. How did it affect you, and what did you learn from the experience?

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– Does not have to be a full 2 pages it can be a page and a half or so.
I want to write about all of the information below but I do not know how to make it sound interesting and put it all together.
Anxiety and depression has run through my family for many generations as well as other more severe mental illnesses, didn’t think my anxiety would get so bad once i got into hs
I didn’t realize how much it really affects you during your day to day life especially being at a high school as large as nfa was (like a mini college campus). Once sophomore year came around I started having issues in school with focusing or even attending. Having anxiety made me paranoid 24/7. I couldn’t focus in class because of how much I would worry about everything else happening around me. Taking tests, especially long ones like the SAT would cause me to turn into a nervous wreck. While I would sit in the silent room along with all of the other students, I felt lots of pressure. I would look at the clock and scare myself into thinking I wouldn’t have enough time to finish each section causing me to rush and not think clearly. I would focus on my breathing or swallowing, to make sure no one else could hear it otherwise I would think to myself they will be bothered by it. Taking a test made me want to cry and hide. I could never focus sitting in a large room with other students. Getting driven to school was always the worst feeling in the world. I would get so nervous it made me sick to my stomach, my mom would have to pull over for a second to let me get fresh air almost every time, which sometimes caused me to be late to school. Towards the end of first semester of my senior year, my panic attacks got too bad and I couldnt take it anymore. I stopped going to school completely. I spiraled into a depression because I thought I failed life and wouldnt have any way to graduate. That’s until January 2020 when I decided to attend the adult ed school in my home town. Once I got there I felt an instant amount of calmness. My old 7th grade science teacher was the attendance taker, she welcomed me with open arms. The environment was more mature and it was completely different than what I was used to.  I was surrounded by adult students and staff that truly cared about my future. I got lots of one on one time making the work I received much easier. My grades became all As for the first time in forever, giving me a boost of confidence. Both my teachers and lots of the other staff treated me as though I’ve been one of their long term friends. My anxiety calmed down and I got the treatment I needed for it. Transferring schools was one of the best decisions I made. I graduated in march which was much earlier than expected and boosted up my grades. I wish every kid who really struggled in school and thought they had no other way to graduate knew that there were many other options to complete their goals.