subject
Business, 08.04.2020 03:33 superstarsara5ouh83x

7. LNS Corporation reports revenues of $2,000,000. Included in the $2,000,000 is $15,000 of tax-exempt interest income. LNS reports $1,345,000 in ordinary and necessary business expenses. What is LNS Corporation’s taxable income for the year?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:40
Bella is the new president of first edition, a group dedicated to the promotion of english literacy in first-generation immigrant communities. in the two years that have passed since bella took the position, the organization's members have become more passionate about their mission and intensified their activities—they put in long hours teaching children to read, promoting the program to parents, and soliciting donations. bella's strength is in her ability to inspire others and make them believe that they are part of something greater than themselves. which term best captures bella's leadership style? a. transactional b. transformational c. legitimate authority d. absolute authority
Answers: 1
question
Business, 22.06.2019 13:10
Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh Ă— $24 per dlh) $192,000assembly department (16,600 dlh Ă— $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.
Answers: 3
question
Business, 22.06.2019 15:00
Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?
Answers: 1
question
Business, 22.06.2019 23:40
Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer
Answers: 2
You know the right answer?
7. LNS Corporation reports revenues of $2,000,000. Included in the $2,000,000 is $15,000 of tax-exem...
Questions
question
Mathematics, 14.09.2020 08:01
question
Chemistry, 14.09.2020 08:01
question
History, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Health, 14.09.2020 08:01
question
Physics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
English, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
Mathematics, 14.09.2020 08:01
question
History, 14.09.2020 08:01
Questions on the website: 13722360