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
Free_Kalibri [48]
3 years ago
14

Thrush Corporation, a calendar-year C corporation, files it's 2018 Form 1120, which reports taxable income of $200,000 for the y

ear. The corporation's tax is $61,250. What is the tax liability for Thrush?
Business
1 answer:
galben [10]3 years ago
4 0

Answer:

Thrush  tax liability is $61,250

Explanation:

Tax liability is the amount of tax payable to tax authority from the income earned after all allowable expenses have been deducted.

Effectively, Thrush has bee charged 30.6%( corporation tax rate) on his taxable income .

You might be interested in
When it comes to negative public relations, it’s pretty tough to top the sight of a United Airlines passenger being dragged, blo
natulia [17]

Answer:

standing

Explanation:

As the strategy is considered after the event, the new procedure and policies  of action will take place in future scenarios. They will applied to make a better outcome than without it. This may or not repeat, it is not a "single-use" event. Employees must be prepared when the circumstance arrive to behave propertly in the future

4 0
3 years ago
Read 2 more answers
The real costs of quality:A. are incurred in the quality control department. B. are frequently overstated in an organization. C.
mars1129 [50]

Answer:

E. rise significantly as defects increase in the finished product.

Explanation:

Real Cost of Quality

This cost is concerned with preventing, finding and correcting product issues relating to quality. It is the total amount used is solving quality related defects. It is the extent to which resources are used to prevent poor quality that are below the standards of the organization. The cost tend to rise whenever there's a rise in the defects found in finished products. This is because it is the cost that is used in correcting or remediating the defects.

5 0
3 years ago
How are most travel itineraries arranged?
bekas [8.4K]
Event by event so you know the schedule

4 0
3 years ago
Apple Bank makes a loan to Harry at 12.5 percent per year to be repaid by level annual payments for t years. Exactly one year be
Stels [109]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
3 years ago
Layla made a snide remark to her colleague that he "looks at the customer like henry ford probably did." what did she mean by su
Anarel [89]
She made a snide remark means she's looking to her colleague in a negative or insulting way. If her action is can be compared with how he looks at the customer like henry ford probably did.

Henry Ford is a well-known businessman. What Layla tried to show is that she collogue should treat well their customer because of the source of their money or company's income. 
8 0
2 years ago
Other questions:
  • An income statement account that is used to record cash overages and cash shortages arising
    11·1 answer
  • Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
    10·1 answer
  • Jc manufacturing purchased inventory for $5,300 and paid a $260 freight bill. jc manufacturing returned 45% of the goods to the
    7·1 answer
  • One of the steps the U.S. Sentencing Commission delineated companies must implement to demonstrate due diligence is that a firm
    10·1 answer
  • A U.S. trade policy that restricts the sale of foreign goods in the U.S. market will a. reduce the demand for U.S. export goods
    13·1 answer
  • In double-entry accounting, where should you record money that is leaving your company to pay bills?
    14·1 answer
  • An article in the New York Times about J.C.​ Penney's pricing strategy under former CEO Ron Johnson​ observes: ​"Penney had pull
    5·1 answer
  • Pasadena candle inc, budgeted production of 785000 candles for the year. Wax is required to produce a candle. Assume 10 ounces o
    15·1 answer
  • During the year, cost of goods sold was $320,000; income from operations was $304,000; income tax expense was $64,000; interest
    11·1 answer
  • Tamarisk, Inc. gathered the following reconciling information in preparing its April bank reconciliation:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!