subject
Business, 08.04.2020 17:16 maggiemae4993

In 2018, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that year was 30%. Bodily had an unused $120,000 net operating loss carryforward from 2016 when the tax rate was 40%. Bodily's income tax payable for 2018 would be: Group of answer choices 72,000. $54,000. $90,000. $42,000.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:20
Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
Answers: 3
question
Business, 22.06.2019 11:30
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
question
Business, 22.06.2019 14:30
What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
question
Business, 22.06.2019 20:30
What talent or skill do u wish too develop for yourself
Answers: 1
You know the right answer?
In 2018, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that...
Questions
question
Mathematics, 04.07.2021 15:50
question
World Languages, 04.07.2021 15:50
question
English, 04.07.2021 15:50
question
Mathematics, 04.07.2021 15:50
question
Mathematics, 04.07.2021 15:50
question
Computers and Technology, 04.07.2021 15:50
question
Physics, 04.07.2021 15:50
question
Physics, 04.07.2021 15:50
Questions on the website: 13722359