1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anit [1.1K]
2 years ago
11

XYZ Inc. has the following net income before any application of any net operating losses: 2016 $9,000 Net income 2017 $12,000 Ne

t income 2018 ($20,000) Net income 2019 $10,000 Net income 2020 $6,000 Net income What is the income for 2019 after applying any applicable NOL?
Business
1 answer:
Evgesh-ka [11]2 years ago
3 0

Answer:

$9000

Explanation:

The income for 2016 is $ 9,000, there would not be any application of net operating losses as the loss has been incurred in 2018. Net operating loss cannot be applied to previous years profit. Hence, 2016 income would remain at $ 9,000.

Net operating loss of 2018 can be applied against the income of future years i.e. income of the year 2019 and 2020.

You might be interested in
A store manager predicts that 80 hats will be sold if each hat costs $15. The manager predicts that 3 less hats will be sold for
Ierofanga [76]

Answer:

$25

Explanation:

Data provided in the question:

Initial cost of each hat = $15

Initial number of hats sold = 80

3 less hats will be sold for every $1 increase in price

Thus,

For at least 50 hats to be sold, the store manager can increase the price such that maximum 30 less hats are sold

Therefore,

maximum increase in price = Maximum number of less hats ÷ Number of hats sold less for $1 increase

=  30 ÷ 3

= $10

The prices that the manager can predict that at least 50 hats will be sold will be

= $15 + $10

= $25

8 0
2 years ago
All activities associated with the flow and transformation of goods and services from the raw material stage to the end user, to
salantis [7]

Answer: Supply chain

Explanation: The sequence of steps taken by the company for production and delivery of the good or service produced is called supply chain.

In simple words, supply chain can be defined as the network a company shares with its suppliers to effectively distribute goods to the consumer.

From the above explanation we can conclude that the right answer is SUPPLY CHAIN.

6 0
3 years ago
Read 2 more answers
For years 2010 to 2015, the computers produced and shipped in highest quantity were _____. (note: all the choices represent a ki
ArbitrLikvidat [17]
The answer to this question is Smartphones.
Smartphones have taken over the market all over the world during that period due to the flexibility of their usage.
It's held the capability to do almost any casual technology user do, which pretty much change the course of overall human behavior.
6 0
2 years ago
What are the accounting differences between cash and receivables from the perspective of a buyer? A seller? How are these differ
bogdanovich [222]

Answer:

From a buyer's perspective, a sale made on credit represents a liability. While a sale made on cash represents a decrease of current assets.

From a seller's perspective, a sale made on credit or cash increases current assets, but the possibility of a bad debt always exist, therefore, accounts receivables must be periodically adjusted due to bad debts.

If the seller or buyer uses accrual accounting system, the previous description holds, but if they use cash basis accounting, things change a lot. When use cash basis, transactions are recorded only when cash is exchanged, so accounts receivables do not actually increase assets (seller's perspective), and accounts payables do not increase liabilities (buyer's perspective).

6 0
2 years ago
A researcher examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different
sergey [27]
The answer to this question is the "WAIT-LIST CONTROL". When a  researcher is examining the effects of an experimental surgery on epilepsy randomly assigns epileptic patients to three different conditions. The first condition is that the participants receive the surgery. The second condition is that the patients receive the medication while third condition, the patients receive the surgery one month after the other group of patients. The third group of patients who need to wait for another one month is in the WAIT-LIST CONTROL and can only be accommodated after the other group is done.
6 0
2 years ago
Other questions:
  • Which factor most directly affects a furniture company's supply?
    14·1 answer
  • Each individual asset’s weight in the portfolio is found by:
    13·1 answer
  • Mandy has been temporarily laid off during a recession comma but expects to be rehired when business picks up.mandy has been tem
    12·1 answer
  • Edmund must pay $6 each for punk rock video cassettes, ????. Edmund is paid $24 per sack for accepting garbage, ????, and his re
    10·1 answer
  • Matt's Machine Company has borrowed $10 million for four months at 5.5% APR, using inventory stored in a field warehouse as coll
    15·1 answer
  • Why is it a good idea for the HR plan to consider changes recruiters have seen in the company’s workforce?
    9·1 answer
  • Rachel is on her way to an interview for the position of a project manager. She is trying to prepare for this interview by analy
    12·1 answer
  • Sonor Systems undertakes its own machine maintenance. The depreciation on the equipment is $20,000 per year and operating cost i
    7·1 answer
  • If the government tightens up on drug dealers and raises the costs of dealing illegal drugs, then the drug addicts' dollar expen
    13·1 answer
  • Taraneh wants to create a tutoring center for high school students. She develops a precise statement of the rationale for her bu
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!