Business, 06.05.2020 07:03 ahmedeldyame
Abbot Corporation reported a net operating loss of $440,000 in 20X3, which the corporation elected to carryforward to 20X4. Included in the computation of the taxable loss was regular depreciation of $140,000 (E&P depreciation is $60,000), first year expensing under §179 of $54,000, and a dividends received deduction of $10,400. The corporation's current earnings and profits for 20X3 would be:a. $(579,000)
b. $(490,000)
c. $(271,900)
d. $(319,100)
Answers: 1
Business, 21.06.2019 23:00
The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.
Answers: 3
Business, 22.06.2019 11:20
Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.
Answers: 3
Business, 22.06.2019 12:00
Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.
Answers: 1
Business, 22.06.2019 16:10
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
Abbot Corporation reported a net operating loss of $440,000 in 20X3, which the corporation elected t...
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