Business, 13.07.2020 22:01 sarah192002

In each of the following independent situations, determine the dividends received deduction for the calendar year C corporation. Assume that Rose Corporation owns 15%, Pansy owns 10% and Daffodil owns 55% of the stock in the corporations paying the dividends. Rose Corporation Pansy Corporation Daffodil Corporation
Income from operations $1,200,000 $1,200,000 $1,200,000
Expenses from operations (800,000) (1,300,000) (1,500,000)
Qualifying dividends 400,000 400,000 400,000

Required:
a. The dividends received deduction for Rose Corporation is $
b. The dividends received deduction for Pansy Corporation is $
c. The dividends received deduction for Daffodil Corporation is $

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Answer from: xxcynthistxx

a. The dividends received deduction for Rose Corporation is $ 280,000

b. The dividends received deduction for Pansy Corporation is $ 280,000

c. The dividends received deduction for Daffodil Corporation is $ 320,000

Explanation:

a. The dividends received deduction for Rose Corporation would be calculated as follows:

dividends received deduction for Rose Corporation=Qualifying dividends*70%

dividends received deduction for Rose Corporation=$400,000*70%

dividends received deduction for Rose Corporation=$280,000

The dividends received deduction for Rose Corporation is $ 280,000

b. The dividends received deduction for Pansy Corporation would be calculated as follows:

dividends received deduction for Pansy Corporation=Qualifying dividends*70%

dividends received deduction for Pansy Corporation=$400,000*70%

dividends received deduction for Pansy Corporation=$280,000

The dividends received deduction for Pansy Corporation is $ 280,000

c. The dividends received deduction for Daffodil Corporation would be calculated as follows:

dividends received deduction for Daffodil Corporation=Qualifying dividends*70%

dividends received deduction for Daffodil Corporation=$400,000*80%

dividends received deduction for Daffodil Corporation=$320,000

The dividends received deduction for Daffodil Corporation is $ 320,000

Answer from: Quest

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

hope it

Answer from: Quest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

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