During the prosperity of the america during 1920, it is not well distributed. nearly half of its population still resides in the rural areas where there primary source of income is farming. this is the time that farming is not suited for business. because at that time many manufacturing came and mass production
Answer:
I believe its Capital carry-forward
Explanation:
The other options don't make sense
Answer:
$989,000
Explanation:
The computation of the book equivalent of the taxable income is given below:
Pretax book income $1,008,000
Less: Favorable permanent differences $19,000
Book Equivalent of Taxable Income $989,000
We simply deduct the dividend deduction from the pretax book income so that the book equivalent of taxable income would be come
