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Len [333]
3 years ago
11

In 2018, A Corp. had gross sales of $100,000,000 and business interest income of $20,000,000. A Corp. had deductible business ex

penses (other than interest) of $60,000,000 and business interest expense of $35,000,000. A Corp. had adjusted taxable income (adj. taxable income = taxable income without taking into account non-business income, business interest expense, business interest income or NOL) of $40,000,000.
What amount, if any, of A Corp.’s business interest expense deduction is disallowed in 2018?

What would your answer be (i.e. what amount of A Corp’s business interest expense would be disallowed) if instead A Corp. had gross sales of $1,000,000, business interest income of $200,000, deductible business expenses (other than interest) of $600,000, business interest expense of $350,000 and adjusted taxable income of $400,000? A Corp’s gross sales have been $1M for the past 3 years.
Business
1 answer:
luda_lava [24]3 years ago
4 0

Answer:

Explanation:

Divide by 2

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Which goal is an example of a measurable goal?
Anni [7]

Sales Target

Explanation:

A sales target is an example of a measurable goal and it is probably the most common, and perhaps the most important, measurable goal in a firm.

It simply consists in determining a minimum number of goods or services to be sold, measured in either physical or monetary terms, in order to keep the firm afloat and profitable.

For example, a firm that sells cars can determine that for the month of january it must sell at least 250 cars in order to stay in business. If the goal is not reached, the sustainability of the firm can be endangered.

Help by None other than the<u><em> #QUEEN</em></u> herself <u><em>#DRIPPQUEENMO</em></u>

6 0
2 years ago
Which of the following DOES NOT increase profit by improving​ quality? A. increased productivity B. higher warranty costs C. fle
alex41 [277]

Answer:

B. higher warranty costs

Explanation:

  • The increase in the profit by improving the quality does not increase or gets impacted by the higher warranty costs and thus is a not the reasons for the increase of the productivity and the higher and content of the quality and thereby an increase of the costs adds to the warranty and does not guarantee the improved quality.
4 0
3 years ago
If a company reports a net loss...(10 points)? If a company reports a net loss, it A. will not be able to make capital expenditu
mr Goodwill [35]
The right answer for the question that is being asked and shown above is that: "D. may still have a net increase in cash." If a company reports a net loss...(10 points)? If a company reports a net loss, it <span>D. may still have a net increase in cash</span>
3 0
3 years ago
3. A manufacturing company has a beginning finished goods inventory of $14,600, raw material purchases of $18,000, cost of goods
Yuki888 [10]

Answer:Cost of Goods Sold =$29,300

Explanation:

Cost of goods sold refers to the  costs (direct costs) a business incurs in  the production of  goods sold by a company. it is calculated as

Cost of goods sold =Cost of manufactured Goods + Beginning finished goods inventory - Ending finished goods inventory

Cost of Goods Sold = $32,500 + $14,600 - $17,800

Cost of Goods Sold =$47,100- $17,800

Cost of Goods Sold =$29,300

5 0
2 years ago
When Mr. Lakely, a recruiter for United Health, calls job applicant Leanne Pufall to schedule a second-round interview, he reach
tamaranim1 [39]

Answer: Leannes message is unprofessional

Explanation:

An unprofessional behavior shows a lack of respect for yourself and others as well as immaturity, and it proves a disregard for cultural and workplace ethics. Hence, Leannes message is unprofessional for such an offensive joke in a professional environment.

8 0
3 years ago
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