Pricing objectives that seek profit maximization or to attain a target return on investment are examples of profitability pricing objectives, a relationship between the benefits provided by a certain operation or thing and the investment or effort that has been made; when it comes to financial performance; it is usually expressed in percentages.
scholarships. Kddkddkkdkc
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.
Answer:
$45,000
Explanation:
For computation of Carrot’s capital loss carryover to 2018 first we need to figure out some steps which is shown below:-
Step 1
Net Capital Loss = Net Short Term Capital Gain -2017 - Net Long Term Capital Loss -2017
= $65,000 - $250,000
= -$185,000
Here, Net Capital Loss amount $185,000 which is not deductible in year 2017, but can be carried back to the three preceding years i.e. 2014, 2015 and 2016
Step 2
Net Capital Loss is set off in preceding years = Net Short Term Capital Gain - 2014 + Net Short Term Capital Gain 2015 + Net Short Term Capital Gain - 2016
= $60,000 + $45,000 + $35,000
= $140,000
and finally
Amount of loss Carryover to 2018 = Net Capital Loss - Net Capital Loss is set off in preceding years
= $185,000 - $140,000
= $45,000
???????????????????????????????????????