Business, 10.10.2019 16:30 lindamillscotton90
For the year ended december 31, 2019, kelly corp. had net income per books of $300,000 before the provision for federal income taxes. included in the net income were the following items: dividend income from an unaffiliated domestic taxable corporation (taxable income limitation does not apply and there is no portfolio indebtedness) $50,000 bad debt expense (represents the increase in the allowance for doubtful accounts) 80,000 assuming no bad debt was written off, what is kelly's taxable income for the year ended december 31, 2019? group of answer choices $250,000 $330,000 $345,000 $355,000
Answers: 2
Business, 21.06.2019 20:30
Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t
Answers: 3
Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
Business, 23.06.2019 04:10
Which of the following would not be listed under cash outflows in a financial plan?
Answers: 2
Business, 23.06.2019 05:00
Choose a well-known company that you know of, and describe its direct and indirect competitors. choose a well-known company that you know of, and describe its direct and indirect competitors. describe at least three direct competitors and three indirect competitors.at least three direct competitors and three indirect competitors.
Answers: 2
For the year ended december 31, 2019, kelly corp. had net income per books of $300,000 before the pr...
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