subject
Business, 26.11.2019 01:31 kimlyn58p0wyn0

Grand river corporation reported taxable income of $500,000 in 20x3 and paid federal income taxes of $170,000. not included in the computation was a disallowed meals and entertainment expense of $2,000, tax-exempt income of $1,000, and deferred gain on an installment sale of $25,000. the corporation's current earnings and profits for 20x3 would be: a. $524,000b. $500,000c. $354,000d. $331,000

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, Arealbot
The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services
Answers: 1
image
Business, 22.06.2019 10:40, Yskdl
Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
Answers: 3
image
Business, 22.06.2019 13:00, eggoysters
Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:
Answers: 1
image
Business, 22.06.2019 20:40, bbygrill
Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance
Answers: 1
You know the right answer?
Grand river corporation reported taxable income of $500,000 in 20x3 and paid federal income taxes of...

Questions in other subjects:

Konu
Social Studies, 16.01.2021 06:50
Konu
Mathematics, 16.01.2021 07:00