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Scorpion4ik [409]
4 years ago
7

The net operating loss (NOL) provisions of the Internal Revenue Code a.Are primarily designed to provide relief for trade or bus

iness losses. b.Require the use of a 2-year carryback in all cases. c.Allow the deduction for home mortgage interest to create an NOL. d.Would not be necessary if tax rates were progressive. e.Apply only to individuals with wages and itemized deductions.
Business
1 answer:
Amanda [17]4 years ago
7 0

Answer:

The correct answer is letter "B": Are primarily designed to provide relief for trade or business losses.

Explanation:

The Net Operating Loss or NOL was enacted to offset the differences between taxpayers' deductions due to progressive rates involved in tax calculations. The excess accounted are used as part of tax payment for the company's future tax periods. NOLs could be the result of theft, confiscation or trades. Thus, NOL provisions attempt to partly cover those business losses.

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Name two arguments that support international trade.
sergij07 [2.7K]
(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.
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3 years ago
Read 2 more answers
Assume that the market is perfectly competitive. If the cost function for John's Shoe Repair is �(�) = 100 + 10� − �) + 3 4 �4,
kirill [66]

Answer:

Explanation:

C(q) = 100+10q-q^2+(1/3)q^3

To find the firm marginal cost function:

Take the derivative with respect to q

MC = 10 - 2q + q^2

Assuming that the market price is p , then the profit maximising condition is:

MR = MC

p = 10 - 2q + q^2

The short-run supply curve is the marginal cost curve that lies above the average variable cost.

The average variable cost is:

AVC =VC/Q

AVC = (10q-q^2+(1/3)q^3)/Q

AVC = 10 - q + (1/3)*q^2

So, the short-run supply curve is:

SRS = 10 - 2q + q^2 if p > 10 - q + (1/3)*q^2

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As the operations manager for American Airlines you have decided to invest in 10 new jets for the company's fleet. There are thr
3241004551 [841]

Answer:

0.17

Explanation:

The computation of the expected return on investment is shown below:

= (Expected return of the outcome 1 ×  Probability of the outcome 1) + (Expected return of the outcome 1 ×  Probability of the outcome 1) + (Expected return of the outcome 1 ×  Probability of the outcome 1)

= (0.15× 0.50) + (0.25 × 0.30) + (0.10 × 0.20)  

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3 years ago
Three groups that participate in the process of establishing gaap are users, preparers, and auditors. these groups are represent
Rom4ik [11]

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2.) Financial Executives International ------------PREPARERS


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3 years ago
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I am Lyosha [343]

Answer:

B. To weigh the various alternatives and choose a course of action

Explanation:

The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.

The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.

Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.

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3 years ago
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