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
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.

You might be interested in
Lenovo's ThinkPad laptop computers are designed in the United States; the case, keyboard, and hard drive are made in Thailand; t
dimulka [17.4K]

Answer:

The answer is: developed a global web of value creation activities

Explanation:

By developing a web of international suppliers, Lenovo can benefit from lower prices and better quality products. For example, the computers are designed in the US and the microprocessor are also built there. Since costs in the US are higher than those in southern Asia, high quality components are produced there. Other components that are more "common or average" technology can be supplied by manufacturing firms in cheaper countries like Malaysia and Thailand.

4 0
3 years ago
Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for
Brut [27]

Answer:

break even point in units = 2,667

break even point in $ = $33,338

Explanation:

The break even point marks the point where a company is able to cover all its expenses. At this point the company is not losing money, but it is not making a profit either.

break even point in units = total fixed costs / contribution margin

  • total fixed costs = $10,000
  • contribution margin = $12.50 - ($4 + $4.75) = $12.50 - $8.75 = $3.75

break even point in units = $10,000 / $3.75 = 2,666.67 ≈ 2,667 units

break even point in $ = 2,667 units x $12.50 per unit = $33,337.50 ≈ $33,338

7 0
3 years ago
In the scor model, purchasing is represented by
RUDIKE [14]

A leverage by is one where there is.

8 0
2 years ago
How do you give bainliest
FromTheMoon [43]
After 2 people answer on-top of their name will have the option for you to choose which answer is the most helpful to you
7 0
3 years ago
Select all that apply The weighted average unit contribution margin ______. Multiple select question. is calculated by adding up
8090 [49]

Answer:

hey bro how old are u

Explanation:

...................................

5 0
3 years ago
Other questions:
  • Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
    5·2 answers
  • Garcia Ltd. is trying to estimate its cost of common equity, and it has the following information. The firm has a beta of 0.90,
    8·1 answer
  • __ is a nonprofit organization that mentors small business owners.
    10·1 answer
  • What does it mean when a financial report has aggregate data available, but microdata is held confidential?
    11·2 answers
  • l economic systems (capitalist, communist, or any other) face similar economic problems. Which of the following questions would
    15·1 answer
  • Doug wants to buy a car in two months, but does not have enough money. What is the best way for Doug to get the money he needs?
    10·2 answers
  • Steve Jobs of Apple was known as a perfectionist. "My job is not to be easy on people," he said. "My jobs is to take these great
    11·1 answer
  • The following transactions apply to Ozark Sales for Year
    5·1 answer
  • A company just starting business made the following four inventory purchases in June:
    11·1 answer
  • Mr.Chen is enrolled in his employer's group health plan and will be retiring soon. How would like to know his option since he ha
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!