Business
Business, 28.02.2021 16:40, tzartiger12

Prepare an M-1 reconciliation for MDC Corporation (for tax year 2018) using the following data: Net income per books (after tax)

500,000

Federal income tax per books

150,000

Excess of capital losses over capital gains

100,000

Dividend income (MDC owns 1% of the paying corporation)

150,000

Marketing expense

80,000

Entertainment expense (total amount)

68,000

Tax-exempt interest income (private activity bond)

9,000

Book (GAAP) depreciation in excess of tax (MACRS) deprecation

150,000

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 10:00, makennskyee1198
Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.
Answers: 2
image
Business, 22.06.2019 14:00, ellisc7044
Why is efficiency an important economic goal?
Answers: 2
image
Business, 22.06.2019 14:00, bosskid361
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
image
Business, 22.06.2019 23:10, jayjayw64
Tony prince is the project manager for the recreation and wellness intranet project. team members include you, a programmer/analyst and aspiring project manager; patrick, a network specialist; nancy, a business analyst; and bonnie, another programmer/analyst. other people are supporting the project from other departments, including yusaff from human resources and cassandra from finance. assume that these are the only people who can be assigned and charged to work on project activities. recall that your schedule and cost goals are to complete the project in six months for under $200,000.task 2identify at least eight milestones for the recreation and wellness intranet project. write a short paper describing each milestone using the smart criteria. discuss how determining these milestones might add activities or tasks to the gantt chart. remember that milestones normally have no duration, so you must have tasks that will lead to completing the milestone.
Answers: 3
Do you know the correct answer?
Prepare an M-1 reconciliation for MDC Corporation (for tax year 2018) using the following data: Net...

Questions in other subjects:

Konu
Mathematics, 24.01.2021 04:10
Konu
Mathematics, 24.01.2021 04:10
Konu
Mathematics, 24.01.2021 04:10