Answer:
The correct answer is False.
Explanation:
Schedule M-1 is required when the gross income of corporations or their total assets at the end of the year is greater than $ 250,000.
Schedule M-3 asks certain questions about the financial statements of the corporation and reconciles the net income (loss) of the financial statements for the corporation (or group of consolidated financial statements, if applicable).
Answer:
e. the power of buyers is low and barriers to entry are high.
Explanation:
- The cost leadership is the establishing a competitive advantage by having the lowest cost of operations and cost leadership is often driven by the company efficiency in size and sales. And the cumulative expand has a well-defined scope and the economies have chosen strategist and consists of the simultaneous cost leaderships example as Walmart and is different from the price leadership.
Rajon has employed a utility theory of which a person has
decided and targeted his or her preference in life as it is seen on Rajon’s
actions as he tries to determine the course he would take of which is
beneficial for him in the future which are considered to be his preference in
his life. It is also a way of having people rank choices and which would be of
preference or priorities in their life. It can be illustrated on Rajon’s
actions as he tries to take up choices of which is best and which are his
priorities in relation his field and job after he graduated in his school.
Answer:
$669,950
Explanation:
Computation of taxable income
Bali’s net book income before tax$605,800 Excess of book over tax depreciation25,600
Book gain on equipment sale$(23,000)
(53,000-27,400)
Tax gain on equipment sale38,000 15,000
(23,000-38,000=15,000)
Nondeductible loss on sale to related party 23,550
(75,000-51,450)
Taxable income$669,950
(605,800+25,600+15,000+23,550)
Therefore the taxable income will be $669,950
