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Zolol [24]
4 years ago
6

For purposes of determining current​ E&P, which of the following items cannot be deducted in the year​ incurred? A. dividend

sminus−received deduction B. charitable contribution in excess of the​ 10% limitation C. life insurance premiums​ (in excess of the increase in cash surrender value for the​ policy) paid on the lives of key employees D. capital losses in excess of capital gains
Business
1 answer:
Bogdan [553]4 years ago
7 0

Answer:

A. dividendsminus−received deduction.

Explanation:

This allows companies to avoid mostly third taxes on the same earnings.

It is explained to be a federal tax deduction in the U.S. that is given to certain corporations that get dividends from related entities. The amount of the dividend that a company can deduct from its income tax is tied to how much ownership the company has in the dividend-paying company. However, there are criteria that must be met in order to qualify for a DRD.

The dividends received deduction allows a company that receives a dividend from another company to deduct that dividend from its income and reduce its income tax accordingly.

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Cullumber Company incurred $800000 of research and development costs in its laboratory to develop a new product. It spent $15000
cricket20 [7]

Answer:

$212,000

Explanation:

Calculation to determine the total amount that should be debited to Patents through July 31, 2017

Using this formula

Total amount debited to Patents=Legal fees for patent+Legal fees in a successful defense of patent

Let plug in the formula

Total amount debited to Patents=$150,000+$62,000

Total amount debited to Patents=$212,000

Therefore the total amount that should be debited to Patents through July 31, 2017 is $212,000

4 0
3 years ago
Which of the following statements is/are true regarding a simulation model? It makes decision-making easier. It explicitly incor
Annette [7]

Answer:

It explicitly incorporates uncertainty in one or more input variables.

Explanation:

In simulation analysis we perform 1000's of calculations assigning risk of uncertainty to multiple input variables, as with increased data set the variable tend to increase.

This technique is generally used, for project management and further, decision making in many streams.

Under this probability of different results in the form of outcomes are evaluated.

Therefore, the correct statement is b.

3 0
3 years ago
Updating accounts receivable is part of which transaction cycle?
Lilit [14]

Updating accounts receivable is part of revenue cycle.

The procedure used by healthcare systems in the United States and around the world to track patient income, from their initial appointment or encounter with the healthcare system to their final payment of debt, is known as revenue cycle management (RCM). It is a typical component of healthcare management.

What is revenue cycle?

  • The phrase "all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue" can be used to describe the revenue cycle.
  • It is a cycle that explains and illustrates a patient's life cycle (and the ensuing income and payments) during a typical medical interaction, from admission (registration) through final payment (or adjustment off of accounts receivables).
  • After a patient makes an appointment, the revenue cycle starts, and it ends when the healthcare provider has taken all of the payments. Errors in revenue cycle management may result in payments to the healthcare provider being delayed or nonexistent altogether.
  • Healthcare providers can outsource their revenue cycle management to businesses that handle this complex process with specialized agents and proprietary technologies to manage healthcare provider revenue cycles because the revenue cycle process is complex and subject to regulatory supervision.

To learn more about revenue cycle visithttps://brainly.com/question/13167295

#SPJ4

7 0
1 year ago
Brenda has been trying to lose weight and control her seemingly insatiable sweet tooth. to meet her goal, she has removed all co
mamaluj [8]

Brenda is practicing stimulus control

Hope this helps, Happy Valentines day (:

6 0
4 years ago
ix company issued 16,000 shares of $10 par value common stock at a market price of $21. as a result of this accounting event, th
Nikolay [14]

Answer:

increase by $336,000.

Explanation:

Options are <em>"1. increase by $176,000.  2. increase by $336,000.  3. increase by $160,000.  4. be unaffected."</em>

<em />

Common stock will increase by $160,000, the par value, and paid-in capital in excess of par value will increase by $176,000, for a total increase in stockholders' equity of $336,000.

3 0
3 years ago
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