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olga55 [171]
3 years ago
12

Appalachian Airlines began operating in 2010. The company lost money the first year but has been profitable ever since. The comp

any's taxable income (EBT) for its first five years is listed below. Each year the company's corporate tax rate has been 40%.
Year Taxable Income
2010 −$4,000,000
2011 $1,000,000
2012 $2,000,000
2013 $3,000,000
2014 $5,000,000


Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions and that the current provisions were applicable in 2010.
How much did the company pay in taxes in 2013?
Business
1 answer:
Aleksandr [31]3 years ago
4 0

Answer:

$800,000

Explanation:

The computation of the taxes paid by the company in 2013 is shown below:

Year    Taxable Income         Carry forward amount        Year-end amount

2010    -$4,000,000                                                            $0

2011      $1,000,000               - $4,000,000                        $3,000,000

2012     $2,000,000              -$3,000,000                         $1,000,000

2013     $3,000,000              -$1,000,000                          $2,000,000

Now the tax paid is

= $2,000,000 × 40%

= $800,000

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Answer: See Explanation

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The difference between a divine command view and authoritarian view is that the authority figure is different. true or false?
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The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

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As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

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Assume the economy is operating at less than full employment. An expansionary monetary policy will cause interest rates to _____
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When the economy is not at full employment and an expansionary monetary policy is followed:

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When there is an expansionary monetary policy in place, more money is pumped into the economy which means that there are more loanable funds. This increase in the supply of loanable funds will decrease the interest associated with them.

As a result of interest rates being lower, more businesses and people will be able to borrow money and invest in projects thereby increasing investment spending.

In conclusion, there will be an increase in investment spending due to a decrease in interest rates.

<em>Find out more at brainly.com/question/2343055. </em>

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The first model shown to entrepenuers are called prototypes

proto- before

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