Business, 16.04.2020 17:24 gungamer720
In year 1 (the current year), LAA Inc. made a charitable donation of $153,750 to the American Red Cross (a qualifying charity). For the year, LAA reported taxable income of $608,000, which included a $153,750 charitable contribution deduction (before limitation), and a $60,250 dividends received deduction. What is LAA Inc.βs charitable contribution deduction for year 1?
Answers: 1
Business, 21.06.2019 20:20
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p β 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.
Answers: 3
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
Business, 22.06.2019 12:10
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
In year 1 (the current year), LAA Inc. made a charitable donation of $153,750 to the American Red Cr...
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