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Mashcka [7]
3 years ago
13

Abbot Corporation reported a net operating loss of $400,000 in 20X3, which the corporation elected to carry forward to 20X4. Inc

luded in the computation of the taxable loss was regular depreciation of $100,000 (E&P depreciation is $40,000), first-year expensing under §179 of $50,000, and a dividends received deduction of $10,000.
The corporation's current E&P for 20X3 would be:

A. ($290,000)B. ($330,000)C. ($400,000)D. ($490,000)
Business
1 answer:
castortr0y [4]3 years ago
7 0

Answer:

Option A is correct one.

$290,000

Explanation:

= ($ 400,000)-$60,000-$ 40,000- $ 10,000

= $290,000

The first year expenses Under section 179 must be captilize and amortize in 5 year ($10,000 per year)

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Yzer Inc. asked for volunteers from its employees to help with yard work on its premises prior to a grand reopening. Barton Rodr
charle [14.2K]

Answer: Yes he should.

Explanation:

Barton Rodr was a salaried programmee who was working for Yzer at the time of the accident.

He decided to volunteer to help his company with yard work for it's grand reopening.

Whilst helping, he sustained an injury and notified his employers of his intention to seek workers compensation benefits. In doing so, he has satisfied one of the requirements for claiming such.

His employer then refused to grant him workers compensation as it says that he was not working at the time.

This is untrue as Barton Rodr was working at the time of the incident. Even though he was volunteering for the company, it does not mean that he was a volunteer because he was not an ordinary person but rather an employee of the firm.

According to the law, workers compensation arises in the line of duty to the employer. The only deviation is where the employee is doing something purely personal or for another entity. Barton Rodr in this instance was still serving his employer even though it was outside the office.

It is important to note that what Mr. Rodr was doing was in the interest of his employer and he was still an employee when the incident happened.

These 2 facts alone entitle him to workers compensation benefits.

6 0
3 years ago
Impact of population growth on environmental degradation​
larisa [96]

Answer:

Explanation:

Population growth may be described in simple terms as the rate at which the number of people residing in a particular country is increasing or multiplying. Some states or countries have a higher population figure than the other and also higher rate of growth. As population increases, the resources available to people in that community suffers as the burden will also grow. The environment also will also take its own share of the effects as overcrowding seems to creep in together with increased burden on environmental resources and infrastructure. If proactive measures aren't taken in other to boost resources and infrastructure as indaquate handling of population growth will almost always result in environmental and infrastructure degradation or decline.

6 0
3 years ago
Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be se
earnstyle [38]

Answer:

29,867 units

Explanation:

Variable cost per unit (VC) = $75.00

Sales price (P) = 1.50 * VC = $112.50

Fixed costs (FC) = $1,120,000

Units sold (n) = ?

EBIT is given by:

EBIT = P*n - VC*n -FC

Therefore, the number of units sold required to break even is:

0 = 112.50*n - 75.00*n -1,120,000\\n=\frac{1,120,000}{37.5} \\n=29,866.7

Round up the value obtained to the next whole unit and the sales volume needed is 29,867 units.

6 0
4 years ago
Read 2 more answers
Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc
sladkih [1.3K]

Answer: True

Explanation:

Six Sigma projects have eight essential phases which are to; 1. recognize

2. define

3. measure

4. analyze

5. improve

6. control

7. standardize and

8. integrate.

It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.

They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.

7 0
3 years ago
What do stocks and bonds do?
denpristay [2]

Answer:

stock our for day trading bonds and trading ways thier divided stacks for long term passive income bonds are more safer investment though will be accped by any bank without qeoutions

8 0
3 years ago
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