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eimsori [14]
3 years ago
9

In the current year, Brown, a C corporation has gross income (before dividends) of $900,000 and deductions of $1,100,000 (exclud

ing the dividends received deduction). Brown owns 15% of a Fortune 500 corporation and received dividends of $100,000 from that corporation during the current year. What is Brown's net operating loss? a) $100,000 b) $170,000 c) $200,000 d) $130,000
Mathematics
1 answer:
lyudmila [28]3 years ago
8 0

Answer:

$170,000

Step-by-step explanation:

Gross income is $900,000

Add dividends which is $100,000

Total income is $900,000+$100,000=$1,000,000

Deductions is $1,1000,000.

Note that the deductions is less Dividends Received Deduction (DRD)

Additional deductions due to dividends

Add DRD of which will be 70%  of the dividends received hence 0.7*$100,000= $70,000 since he owned 15% of a Fortune 500 corporation

Total deductions is $1,1000,000+$70,000=$1,170,000

Loss=1,1700,000-$1,000,000=$170,000

Total net loss is $170,000

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Answer:

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3 years ago
Read 2 more answers
- 2/x = 3/6 please answer this question
Gennadij [26K]

Answer:

x= -4

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7 0
3 years ago
PLEASE ANSWER ASAP!!! SHOW ALL THE STEPS.
fenix001 [56]

Answer:

For the first question x = 4\\ y = -1 and

For the second question x = 0.5\\ y = -1

Step-by-step explanation:

Given:

1.

x - 3y = 7

3x + 3y = 9

2.

8x+ 3y = 1

4x + 2y = 0

Elimination method :

In the elimination method we need to make the coefficient of x or the coefficient of y same in both the equation so by adding or subtracting we can eliminate the x term or the y term.

Then substitute that values which you will get on eliminating in any equation you will get the corresponding value.

For the first question, the y coefficient is same hence by adding both the equation we can eliminate 3y term. so on solving we get

(x - 3y) + (3x + 3y) = 7 + 9\\4x = 16\\x = \frac{16}{4}\\x = 4

Now substitute X equal to 4 in equation x -3y = 7 we get

4 - 3y = 7\\-3y = 7 - 4\\-3y = 3\\y = \frac{3}{-3}\\ y = -1\\

This way we have x is equal to 4 and y is equal to -1  for question number 1.

For the second question, we will make X coefficient same in the second equation that is multiplying by 2 to the equation 4x + 2y = 0 then we get

8x + 4y = 0\\

Now the coefficient of x term become same now we will subtract the two equations that is 8x + 3y = 1 and 8x + 4y =0 we get

(8x + 3y) - (8x + 4y) = 1 - 0\\3y - 4y = 1\\ -y = 1\\y = -1

Now substitute y equal to -1 in equation 8x +3y = 1 we get

8x + 3\times -1 = 1\\8x - 3 = 1\\8x = 1 + 3\\8x = 4\\x = \frac{4}{8}\\ x = 0.5\\

This way we have x is equal to 0.5 and y is equal to -1  for question number 2.

3 0
3 years ago
Does anyone know the answer to this ??? I got the first part of it, help with the second part pls !!!
Ad libitum [116K]

Solving the quadratic function, it is found that the particle returns to the ground after 7 seconds.

<h3>What is the quadratic function for the particle's height?</h3>

The particle's height after t seconds is modeled by the following equation:

s(t) = -16t² + v(0)t.

In which v(0) is the initial velocity of the particle, which in this problem is of 112 ft/s, hence:

s(t) = -16t² + 112t.

The particle hits the ground when s(t) = 0, hence:

s(t) = 0

-16t² + 112t = 0

-16t(t - 7) = 0.

Hence the non-trivial solution is:

t - 7 = 0 -> t = 7.

The particle returns to the ground after 7 seconds.

More can be learned about quadratic functions at brainly.com/question/24737967

#SPJ1

5 0
2 years ago
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