Cara fabricating co. and taso corp. agreed orally that taso would custom manufacture a compressor for cara at a price of $120,000. after taso completed the work at a cost of $90,000, cara notified taso that the compressor was no longer needed. taso is holding the compressor and has requested payment from cara. taso has been unable to resell the compressor for any price. taso incurred storage fees of $2,000. if cara refuses to pay taso and taso sues cara, the most taso will be entitled to recover is:
(a) $92,000
(b) $120,000
(c) $105,000
(d) $122,000

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?