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trapecia [35]
3 years ago
15

A corporation has a NLTG of $40,000 and a NSTL of $10,000 in the current year. It had capital gains/(losses) as follows

Business
1 answer:
Snowcat [4.5K]3 years ago
4 0

Answer:

C. 30000

Explanation:

net capital gain

= net long term capital gain in current year - net short term loss in current year

= $40,000 - $10,000

= $30,000

Therefore, THE CORPORATION ADD $30,000 TO ITS OTHER INCOME DUE TO CAPITAL GAINS TO DETERMINE TAXABLE INCOME IN THE CURRENT YEAR.

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(Economics) Under what circumstances would corn be considered a commodity?
fgiga [73]

Answer:

C. If you traded it.

Explanation:

3 0
3 years ago
In addition to the problems stated here, what other issue contributed to the problems faced by Native Americans on the Great Pla
frez [133]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
i think the answer is B which is <span>Timber land was harvested, robbing Native Americans of a valuable resource</span>
5 0
2 years ago
On June 30, 20X5, Mill Corp. incurred a $100,000 net loss from disposal of a business segment. Also, on June 30, 20X5, Mill paid
OleMash [197]

Answer:

$120,000

Explanation:

Total amount for inclusion in determining Mill Corp's net income or loss is as follows.

  • Net loss from disposal of business segment = $100,000
  • Property tax for 6 months to June 30, 20x5= $40,000 * 0.5 = $20,000

Therefore, total amount for inclusion = $100,000 + $20,000 = $120,000.

3 0
2 years ago
A ________ is a collection of tasks, steps, or activities that are performed, usually in a specific order, and result in an end
harina [27]

Answer:

b

Explanation:

A process is a collection of tasks,steps,or activities that are performed

3 0
1 year ago
A company with a high ratio of fixed costs:
garik1379 [7]

Answer:

The correct answer is: more likely to experience a loss when sales are down than a company with mostly variable costs.

Explanation:

The fixed cost ratio is a simple ratio that divides fixed costs by net sales.

The profit formula is:

Profit = Sales- Total cost =(Price * Q)-(FC + VC*Q)

Where  

FC=Fixed cost

VC= variable cos t

Q=produce quantity

If sales go down,  we have to pay this fixed cost even if we have no sales.  So if this Fixed cost are high ,  is most likely we are going to experience loss

4 0
3 years ago
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