The pretax financial income (or loss) figures for larkspur company are as follows.
2012 $173,000
2013 246,000
2014 82,000
2015 (173,000 )
2016 (376,000 )
2017 128,000
2018 105,000
pretax financial income (or loss) and taxable income (loss) were the same for all years involved. assume a 45% tax rate for 2012 and 2013 and a 40% tax rate for the remaining years.
prepare the journal entries for the years 2014 to 2018 to record income tax expense and the effects of the net operating loss carrybacks and carryforwards assuming larkspur company uses the carryback provision. all income and losses relate to normal operations. (in recording the benefits of a loss carryforward, assume that no valuation account is deemed necessary.)

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *