Partners are increasingly focusing on integrating AI and machine learning into their solutions to optimize business processes and provide new insights. The adoption of cloud ERP continues to grow, with businesses moving away from on-premises systems. Additionally, there’s a trend towards two-tier ERP strategies, allowing larger companies to use different systems for corporate and subsidiary levels, optimizing costs and functionalities
Taxation Questions
For the taxation year ending December 31, 2023, the income statement of Markham Ltd. was as follows: Revenues $973,000 Expenses: Cost of Goods Sold ($272,000) Selling and Administrative Expenses (132,000) Amortization Expense (156,000) Other Expenses (137,000) (697,000) Income before Income Tax Expense $276,000 Income Tax Expense: Current ($ 97,000)