Answer:
A. Tax refund $2,100
B. $18,000
Explanation:
A. Calculation for Alto's tax refund from the carryback of its current year capital loss
Based on the information given we were told that Alto has the amount of $28,000 ( 13,000-41,000) as a net capital loss that is non deductible this year which means Alto can
carry the loss back 3 years in order for Alto to deduct against net capital gain in those 3years.
Secondly Alto can as well remove the amount of $10,000 capital loss that was carryback against capital gain 3 years ago in order to have the amount of $2,100 as tax refund which is calculated as ($10,000 × 21%)
B. Computation of Alto's capital loss carryforward into next year.
Alto’s capital loss carryforward = ($28,000 − $10,000).
Alto’s capital loss carryforward =$18,000
Therefore Alto’s capital loss carryforward will be $18,000
Answer:
The translation adjustment is a function of the foreign subsidiary's net assets.
Explanation:
11.
Banks use depositors' money to make loans
12.
A central bank, such as the Federal Reserve in the U.S., will use expansionary monetary to strengthen an economy.
13.
Contractionary policies are macroeconomic tools designed to combat economic distortions caused by an overheating economy.
Aggregate supply (as) denotes, while holding the price of inputs fixed, the <u>price level of output</u> that firms choose to produce and <u>GDP.</u>
<h3>What is aggregate supply?</h3>
Aggregate supply is when goods and service produced or manufacture are made available to buyers or can be defined as the amount of goods produce and supply to the market at particular period of time.
Aggregate supply can tend to increase in a situation were the price of goods and services decrease or when the price of product fall.
Therefore, Aggregate supply donate, while holding the price of inputs fixed, the price level of output that firms choose to produce and Gross domestic product (GDP).
Learn more about Aggregate supply here:brainly.com/question/11889136
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Answer:
To be seen as trustworthy and reliable
Explanation:
Cause in a working environment, you want to be known as a trustworthy, and reliable worker. Which allows you to have much more career possibilitties.
