Jacobsen Corporation prepares its financial statement applying International Financial Reporting Standards. During its 2018 fiscal year, the company reported before-tax income of $627,000. This amount does not include the following two items, both of which are considered to be material in amount:Unusual and infrequent gain: $207,000 Loss from discontinued operations: (307,000)The company's income tax rate is 35%. In its 2018 income statement, Jacobsen would report income from continuing operations of:a. $407,550b. $542,100c. $342,550d. $627,000

Terry, a self-employed laboratory consultant specializing in white mice, attended a convention in paris concerning the care and feeding of white mice. the convention was held in paris since most of the white mice specialists in the world are located in france. terry's expenses were $1,600 for airfare, $400 for food, and $400 for lodging. terry spent 5 days at the convention and 3 days visiting friends. how much can she deduct for the trip?

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

Which feature is a characteristic of a corporation?