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
Ksenya-84 [330]
3 years ago
13

Jazz Corporation owns 10 percent of the Williams Corp. stock. Williams distributed a $10,000 dividend to Jazz Corporation. Jazz

Corp.'s taxable income (loss) before the dividend was ($2,000). What is the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp.
Business
1 answer:
weeeeeb [17]3 years ago
3 0

Answer:

$5,600

Explanation:

Jazz Corporation

Dividend $10,000

Less taxable income loss $2,000

Taxable income before the DRD$8,000

Thus:

70%×8,000

=$5,600

Therefore the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp is $5,600 reason been that Jazz owns less than 20% of the Williams stock, the DRD percentage is 70%and $5,600 (70% × 8,000 taxable income before the DRD) is less than the full DRD of $7,000 and the full DRD due to the fact that it does not create a net operating loss ($8,000 - $7,000 = $1,000), so the DRD is limited to $5,600.

You might be interested in
GM crops have raised issues among communities in which they are produced. Which of the following are concerns raised by the publ
Nesterboy [21]

Answer:

a. The Bt toxin could negatively affect the taste of the food that is produced from these crops.

c. The Bt toxin could result in the death of non-pest species of insects. d. The Bt gene could ultimately make the plants pathogenic to humans.

Explanation:

Genetically engineered crops couldn't harm the economy. They are made to benefit economy, as it's shown in the following quote:

"The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012.

This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms)."

Reference: Brookes, Graham, and Peter Barfoot. “Economic Impact of GM Crops.” Taylor & Francis, 2014,

8 0
3 years ago
Taking a college course and recieving both high school and college credit is called?
Dmitry_Shevchenko [17]

Answer:

dual enrollment

Explanation:

8 0
3 years ago
How the 4 factors of pruduction fit together land,capital,labor,entreprenurship​
Mrrafil [7]

Explanation:

To understand the basic philosophy behind the four factors of production

Land - Labor - Capital - Entrepreneurship

Lets consider an example:

Someday, just finishing your college, you think of starting a pizza business and you start selling pizza's one day. You might end up making a Pizza brand like Pizza Hut.

Here, in this example, to start your pizza shop, you need a place or area, this is known as Land factor. When you start making pizza, you need someone to work in that shop, (or if you doing it by yourself too) there should be at least some human being doing it, this factor is referred as Labor. To start the pizza shop, you need to buy the equipment, taking a shop on rent, or buying it, renovation of the shop etc. All of these things need, of course, Money, which is referred as Capital here. The idea you going to start this business, the courage to make it, definitely makes you an Entrepreneur, in utilizing all other factors effectively and efficiently. Therefore, this is linkage between these four factors of production, and how they fit together.

7 0
3 years ago
What an example of current Marketing situation of a business or service​
Romashka-Z-Leto [24]
It’s difficult for companies to market their movies since many people aren’t visiting theatres with Delata variant going on. Companies like Disney/Marvel recognise this and teased their “Black Widow”movie to Disney plus for people who refused to go to the theatres.
8 0
3 years ago
Ferdows​ Electronics, Inc.​ (FEI), produces short runs of custom microwave radios for railroads and other industrial clients. Yo
zmey [24]

Answer:

9 kanban

Explanation:

The calculation of the number of kanban containers needed is given below:

= (Lead time demand + Safety stock) ÷ kanban size

where,

Lead time demand is

= 1,500 radios × 1 days

= 1,500 radios

Container size = 250 radios

Safety Stock is

= 1 ÷ 2 day × 1,500 radios

= 750 radios

So, the number of kanban containers needed is

= (1,500 radios + 750 radios) ÷ (250 radios)

= 9 kanban

We simply used the above formula to find out the required kanbans

3 0
3 years ago
Other questions:
  • What activities would a product owner typically undertake in the phase between the end of the current sprint and the start of th
    7·1 answer
  • According to the text, the most sensible method for budgeting for promotion expenses is to: A. allocate some fixed percentage of
    8·1 answer
  • Two factory plants are making tv panels. yesterday, plant a produced 12,000 panels. two percent of the panels from plant a and 5
    7·1 answer
  • What is the advantage of a variable-interest loan?
    12·1 answer
  • Isaac benefited from his experience working for an established private company that provided state-of-the-art lighting for music
    14·1 answer
  • Pro Clean Company, a manufacturer of hand sanitizers, intends to produce 40,000 units in the third quarter and 35,000 units in t
    9·1 answer
  • Maintaining good contact in a relationship is also known as the _______ of a relationship.
    8·1 answer
  • What is the difference between financial and managerial accounting ?
    10·1 answer
  • You invested $10,000 in a mutual fund at the beginning of the year when the NAV was $32.24. At the end of the year, the fund pai
    15·1 answer
  • In which scenario do most homeowners use the equity in their home?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!