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
Dimas [21]
3 years ago
5

During the current year, Corporation G received $30,000 in dividends from a 60%-owned taxable domestic corporation. G received n

o other dividends. G's charitable contributions for the year totaled $15,000. G's taxable income for the year was $70,000 after the dividends-received deduction but before the deduction for charitable contributions. What is the amount of Corporation G's charitable contribution deduction for the year
Business
1 answer:
Leni [432]3 years ago
7 0

Answer: 8,950 hope this helps can you plz tell me if it wong so i  can se what i did wong

Explanation:

You might be interested in
Jim and Sally are not married. They lived together all year. Sally had $5,000 in earned income during 2019. Jim earned $30,000 i
kap26 [50]

Answer:

Jim could file as a head of household and qualify for higher deductions and earned income credit for one child.

Sally should file her taxes as a single filer since she has very low income so she falls under the first tax bracket, she can also file for earned income credit for one child.

3 0
3 years ago
Present Value of Ordinary Annuity Period/Rate 5% 6% 7% 8% 9% 10 7.7217 7.3601 7.0236 6.7101 6.4177 11 8.3064 7.8869 7.4987 7.139
klasskru [66]

Answer:

The discount rate of 8% for 11 year period provides the present value of annual cash flows to be equal to the initial investment.

Explanation:

Using the table of present value of annuity provided, we can check the rate and time period which is return the present value of cash flows from the project to be equal to initial Investment.

We are told that the Project's life is expected to be 11 Years. Thus using the 11 year period from the table we can see the following rates,

<u>11 Year Period</u>

Rate = 5%  ,  Annuity Factor = 8.3064  

Rate = 6%  ,  Annuity Factor = 7.8869

Rate = 7%  ,  Annuity Factor = 7.4987

Rate = 8%  ,  Annuity Factor = 7.1390

Rate = 9%  ,  Annuity Factor =  6.8052

We know that the annual cash flows from the project is $1,000,000 and we know the Initial Outlay is $7,139,000.

Multiplying the annual cash flow from the above annuity factors for each rate we can see which rate provides the present value of annual cash flows to be equal to initial outlay.

Rate = 5%  ,  Present value = 8.3064 *  1000000    = $8,306,400  

Rate = 6%  ,  Annuity Factor = 7.8869 *  1000000    = $7,886,900

Rate = 7%  ,  Annuity Factor = 7.4987 *  1000000    = $7,498,700

Rate = 8%  ,  Annuity Factor = 7.1390 *  1000000    = $7,139,000

Rate = 9%  ,  Annuity Factor =  6.8052 *  1000000    = $6,805,200

From the above calculation we can see that the rate of 8% provides the present value of annual cash flows to be equal to the initial investment.

7 0
3 years ago
Economists distinguish among the immediate market period, the short run, and the long run by noting that
Greeley [361]

Based on the principle of economics, the correct answer goes thus:

Economists distinguish among the immediate market period, the short run, and the long run by noting that:

  • Elasticity of supply will increase when the number of producers selling a product decreases.

<h3>Immediate market run</h3>

Economists distinguish among the immediate market period, the short run, and the long run by noting that there will be increase in elasticity of supply.

In conclusion, we can conclude that the correct answer is the increase in elasticity of supply.

Learn more about elasticity of supply here: brainly.com/question/4467460

6 0
2 years ago
When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific o
Dahasolnce [82]

Answer: Environmental partnerships.

Explanation:

It is important to understand that for most and all business to thrive there have to be an enabling environment for that to happen. Environment play a key or major role to the growth of any business and as such most business pay keen attention to their environment and do every means to ensure it is vulnerable for them to operate well. The partnership between organizations and seeking a operational environment to do their business is known as environmental partnership.

3 0
3 years ago
Pennsylvania Company supplied the following information:
V125BC [204]

Answer:

$12,620

Explanation:

Cost of Direct materials of Job 99 = $70 x 100 = $7,000

Cost of Direct labour of Job 99 = $5 x 100 = $5,000

Overhead Expenses of Job 99 = $62 x 10 = $620

Total job cost for Job 99 = 7000 + 5000 +620 = $12,620

6 0
2 years ago
Other questions:
  • Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $ 25,
    5·1 answer
  • What are two tasks (out of several) commonly performed by operating systems?
    7·1 answer
  • In January, the interest rate is 5 percent and firms borrow $50 billion per month for investment projects. In February, the fede
    11·1 answer
  • The Fed decides the percentage of __________ that banks are required to hold as reserves.
    8·2 answers
  • In the treatment of U.S. exports and imports, national income accountants _____. rev: 04_09_2018 Multiple Choice subtract export
    9·1 answer
  • Beyer Company is considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The
    6·1 answer
  • On July 9, Mifflin Company receives a $10,400, 90-day, 8% note from customer Payton Summers as payment on account. What entry sh
    13·1 answer
  • Ivy Ledbetter Lee, one of the founders of public relations and often dubbed "Poison Ivy," actually believed that honesty and dir
    7·1 answer
  • Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China
    6·1 answer
  • Discuss the causes of changes in a currency swaps value over time. Is it possible to close out a currency swap before it reaches
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!