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Paladinen [302]
3 years ago
7

Jason trevor owns a commercial bakery in blakely, georgia that produces a variety of goods sold in grocery stores. trevor is req

uired by law to perform internal tests on food produced at his plant to check for contamination. during one three month period, three tests of food products containing peanut butter were positive for salmonella contamination. trevor was not legally required to report the results to u.s. food and drug administration officials, so he did not. instead, trevor instructed his employees to repeat the tests until the results were negative. meanwhile, the products that had originally tested positive for salmonella were eventually shipped out to retailers. five people who ate trevor’s baked goods that year became seriously ill, and one person died from a salmonella infection.
Business
1 answer:
guapka [62]3 years ago
4 0
<span>Unsure if there is a question posed or implied here. In any event, Trevor should have immediately researched and documented the suspect batch(es) of peanut butter, contacted any retailers who may have received the contaminated batches and then confirmed that those batches had been returned to his plant and destroyed. At the same time he should have instructed his employees to shut down the production of peanut butter, destroy the plants current output, and completely clean, inspect and retest the line in order to ensure that uncontaminated peanut butter was being produced. During this self-inspection stage, he shoudl have also notified the US FDA and reported onwhat had been done and documented.</span>
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Answer:

The answer to the following question is $4000.

Explanation:

Dowdy which is a C corporation, has a total of $14,000 in capital gain, in which $8000 comes from sale of tract land and rest of $6000 comes from sale of stock. And the company also has a capital loss of $18,000. So here the company is having a long term capital loss of $4000 ( $18,000 - $14,000 ), and this C corporation can deduct this long term capital loss from their taxable income ( the year in which loss was incurred ) . If in a situation, loss is not deducted from this year , then it can be carried 3 years or 2 years or even 1 years back and if there is capital gain , it can be deducted from it.

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Answer:

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