During the year sea corporation reported gross income operations of $100,000 and operating expenses of $150,000. sea corporation also received dividend income of $90,000 from a domestic corporation in which sea is a 20% shareholder.
what is the amount of sea corporation's net operating loss?
a. $32,000
b. $0
c. $23,000
d. $40,000
Answers: 2
Business, 22.06.2019 07:20
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Business, 22.06.2019 11:50
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Business, 22.06.2019 13:00
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Business, 22.06.2019 13:30
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