In the current year, crimson, inc., a calendar c corporation, has income from operations of $180,000 and operating deductions of $225,000. crimson also had $30,000 of dividends from a 15% stock ownership in a domestic corporation. which of the following statements is correct with respect to crimson for the current year? a. crimson’s nol is $15,000. b. a dividends received deduction is not allowed in computing crimson’s nol. c. the nol is carried back 3 years and forward 10 years by crimson. d. crimson’s dividends received deduction is $21,000. e. none of the above.

Write two goals for yourself that will aid you in pursuing your post-secondary education or training. with this

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?