Answer:
The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250
The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns
Explanation:
FIFO Value/basis =$650000
LIFO value/basis =$510000
Difference =$140000
35% Tax =$140000*35% = $49000
The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250
The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns
Answer:
The correct answer is letter "C": Increase the price of electricity during peak times.
Explanation:
The best form to regulate the use of electricity during peak hours would imply increasing the price of the power service. This will cause people to use the utility moderately to avoid increasing their expenses. By demand law, <em>as long as the price increases, the quantity demanded tends to fall.</em>
Answer:
False
Explanation:
When a company carries on a global strategy
, their headquarters will seek to keep substantial control over foreign subsidiaries in an attempt to maximize efficiency and integration, while reducing redundant work or resource spending.
A multidomestic strategy is the one that delegates considerable autonomy to each country manager.
It is faster to find/get on a device instead of looking for the cards in your bag, folder, binder, etc.
