Sombrero corporation, a u. s. corporation, operates through a branch in espania. management projects that the company’s pretax income in the next taxable year will be $100,000: $80,000 from u. s. operations and $20,000 from the espania branch. espania taxes corporate income at a rate of 30 percent. a. if management’s projections are accurate, what will be sombrero’s excess foreign tax credit in the next taxable year? assume all of the income is general category income. (do not round intermediate calculations.) b. management plans to establish a second branch in italia. italia taxes corporate income at a rate of 10 percent. what amount of income will the branch in italia have to generate to eliminate the excess credit generated by the branch in espania?

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?

What is used by accountant to analyze transactions ?