Anet operating loss:
a. may be carried back 2 years or carried forward up to 20 years.
b. must always be carried back 2 years.
c. must always be carried forward 20 years.
d. occurs when a company reports a net loss in their income statement.

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)