Business, 18.11.2020 17:30 brinatperez06
Carla Vista Co. has a tax rate of 30% and income before non-operating items of $1392000. It also has the following items (gross amounts). Unusual loss $222000 Discontinued operations loss 605000 Gain on disposal of equipment 46500 Change in accounting principle increasing prior year's income 317500What is the amount of income tax expense Carla Vista would report on its income statement?A. $162,400.B. $185,600.C. $124,000.D. $198,400.
Answers: 1
Another question on Business
Business, 21.06.2019 19:10
King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?
Answers: 1
Business, 21.06.2019 19:30
How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.
Answers: 1
Business, 22.06.2019 04:00
Match the type of agreements to their descriptions. will trust living will prenuptial agreement
Answers: 2
Business, 22.06.2019 14:50
One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 2
You know the right answer?
Carla Vista Co. has a tax rate of 30% and income before non-operating items of $1392000. It also has...
Questions
Computers and Technology, 26.11.2019 05:31
