Courageous, conflicted, cantankerous or just plain cute, the colorful characters brought to life in Japanese anime film and television can teach a great deal about the country’s culture, says Michael Arnold, incoming Japanese studies instructor at Washington State University.

Featuring vibrant, hand-drawn and computer-animated graphics, anime productions provide glimpses of Japanese life, values and social norms as well as everyday language and idiomatic expressions used in context, Arnold said.

Recognizing the great potential of anime as an educational tool, the School of Languages, Cultures, and Race (SLCR) at WSU invited Arnold to teach “Transnational Anime: Japanese Animation History and Theory” in the spring 2019 semester. It is among three new or returning courses added this academic year to the broader suite of Japanese language and culture study options.

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3 years ago

Marigold Inc. incurred a net operating loss of $482,000 in 2020. The tax rate for all years is 20%. Assume that it is more likel

zepelin [54]

The journal entry for Marigold Inc. at the end of 2017 to record carryback is as follows:

<h3>Journal Entry:</h3>

Debit Income Taxes Receivable $72,000

Credit Benefit Due to Loss Carry back $72,000

To record the refund of income taxes paid in the prior two years due to the loss recorded in 2017.

<h3>Data and Calculations:</h3>

Operating loss in 2017 = $482,000

Combined income for 2015 and 2016 = $360,000

Tax rate = 20%

Tax expenses for 2015 and 2016 = $72,000 ($360,000 x 20%)

<h3>Complete Question:</h3>

Marigold Inc. incurred a net operating loss of $482,000 in 2017. The combined income for 2015 and 2016 was $360,000. The tax rate for all years is 20%. Marigold elects the carryback option. Assume that it is more likely than not that the entire net operating loss carryforward will not be realized in future years.

Prepare the journal entry at the end of 2017 to record carryback.

Learn more about carryback loss at brainly.com/question/20722374

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2 years ago