Jovar inc,. a u. s. multinational, began operations this year. jovar had pretax u. s source income and foreign source income as follows.

u. s. source income $600,000
foreign source income $100,000
total $700,000

jovar paid $50,000 income tax to country o. compute jovar's u. s. tax liability if it takes the foreign tax credit. show work.

a. $213,000
b. $221,000
c. $204,000
d. $238,000

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?

You wish to retire in 13 years, at which time you want to have accumulated enough money to receive an annual annuity of $23,000 for 18 years after retirement. during the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money. what annual contributions to the retirement fund will allow you to receive the $23,000 annuity? use appendix c and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.