In each of the following independent situations, determine the dividends received deduction for 2018. Assume that none of the corporate shareholders owns 20% or more of the stock in the corporations paying the dividends. Almond
CorporationBlond
CorporationCherry
Corporation
Income from operations$700,000$800,000$900,000< br /> Expenses from operations(600,000)(800,000)(910,00 0)
Qualifying dividends100,000100,000
100,000

a. The dividends received deduction for Almond Corporation is $

b. The dividends received deduction for Blond Corporation is $

c. The dividends received deduction for Cherry Corporation is $

a. The dividends received deduction for Almond Corporation is

$ 50,000

b. The dividends received deduction for Blond Corporation is

$ 50,000

c. The dividends received deduction for Cherry Corporation is

$50,000

Explanation:

If a company owns less than 20% of the outstanding stock from another corporation, its DRD = 50% of the dividends received.

If a company owns 20% or more, but less than 80% of the outstanding stock from another corporation, its DRD = 65% of the dividends received.

If a company owns 80% or more of the outstanding stock from another corporation, its DRD = 100% of the dividends received.

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;