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SashulF [63]
3 years ago
5

Problem 3-6 (LO. 1) Parent, a domestic corporation, owns 100% of Block, a non-U.S. corporation, and Chip, a domestic corporation

. Parent also owns 45% of Trial, a domestic corporation. Parent receives no distributions from any of these corporations. Assuming Parent consolidates all eligible subsidiaries for Federal income tax purposes, select either "Yes" or "No" to indicate whether the entities' taxable income is included in Parent's current-year Form 1120, U.S. income tax return. a. Chip b. Block c. Trial
Social Studies
1 answer:
Digiron [165]3 years ago
5 0

Answer:

a. Y es

b. N o

c. No

Explanation:

Whenever a corporate group decides to establish new subsidiaries in its home country or in foreign countries, it should consolidate all of these subsidiaries (regardless of where they are located) into a single financial statement (if such statement is intended for accounting purposes). This should be done if Parente has an influence of more than 50% of the voting power of its subsidiaries.

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What is the meaning of Worcestershire!!!?!?!?!?!?
Sophie [7]

Answer:

Explanation:

a county of west central England, part of Hereford and Worcester between 1974 and 1998.

6 0
2 years ago
In federalism national government alone carries out the administration and development projects throughout a country is it true
elena-14-01-66 [18.8K]

Answer:

The answer is false

Explanation:

The answer is false simply because both the state and national government are sharing power. That means of course that when it comes to administration or development projects that the state itself has a legal power to bring decisions. Of course, that doesn't mean that national government has no role in that process.

7 0
3 years ago
The second treatise of government supports which theory
Annette [7]

Second treatise of government supports the theory of Social Contract.

The second treatise of government was given by Locke. John Locke treatise refutes the theory of absolutist government. According to Locke, for the protection of property civil society is created. By property, Locke refers to life, liberty, and estate. Locke defines the theory of social contract in the second treatise where the government is responsible for maintaining the natural rights of the citizens.

6 0
2 years ago
Which subjects you should choose if you want to study law in university?​
adell [148]

Answer:

torts, contracts, criminal law, property and constitutional law

Explanation:

5 0
3 years ago
Which composer in the late Middle Ages presented beautifully decorated copies of his music and poetry to noble patrons?
Ne4ueva [31]

Answer:

Guillaume De machaut

Explanation:

Guillaume De Machaut was the French musician and composer who was regarded as the most important composer during the Middle Ages. The Middle Age poet, Geoffrey Chaucer, was inspired by his writings; he also imitated his works.  

During the Middle Ages, Machaut was regarded as a Master of French versification by his contemporaries.  

Messe de Nostre Dame was composed by Machaut in 1365. This composition is considered the masterpiece of the Middle Ages as it consists of a complete set of Ordinary of the Mass. The composition is attributed to a single composer only, Machaut.  

<u>Machaut used to travel to many courts and would present his beautifully decorated musical copies to the noble patrons</u>.

4 0
3 years ago
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