Chapter 14 1- Please explain how charitable contributions come into pl.docx

•Télécharger en tant que DOCX, PDF•

0 j'aime•2 vues

Chapter 14 1. Please explain how charitable contributions come into play in determining \"corporate\" taxable income. Solution The maximum amount deductible by a corporation for charitable contributions is 10 percent of itsadjusted taxable income. The deduction is limited to the lesser of 10 percent of adjusted taxable incomeor the sum of the initial measures of all property donated during the tax year. Adjusted taxable incomeis equal to taxable income without regard to the charitable contribution deduction, the dividends-received deduction, any net operating loss carryback, any capital loss carryback, and the domesticproduction activities deduction. If the charitable contributions for the tax year exceed the 10 percentlimitation, the excess can be carried forward for five years. Carryovers are used on a first-in, first-out basis after first deducting the current yearâ€™s contributions. .

Formation

Contenu connexe

Similaire à Chapter 14 1- Please explain how charitable contributions come into pl.docx

Lab file on corporate tax planing

Sukhchain Aggarwal

Chapter 10

dphil002

Vulnerable Strong Farm Finance Scorecard __ . __ $ ______ ____% ____% ____% __ . __ $ ______ ____% ____% ____% $ ______ $ ______ $ ______ $ ______ __ . __ __ . __ ____% ____% ____% ____% ____% Year _____ 1. Current ratio 2. Working capital 3. Working capital to gross revenues 4. Farm debt-to-asset ratio 5. Farm equity-to-asset ratio 6. Farm debt-to-equity ratio 7. Net farm income 8. Rate of return on farm assets 9. Rate of return on farm equity 10. Operating profi t margin 11. EBITDA 12. Capital debt repayment capacity 13. Capital debt repayment margin 14. Replacement margin 15. Term-debt coverage ratio 16. Replacement margin coverage ratio 17. Asset-turnover rate 18. Operating-expense ratio 19. Depreciation-expense ratio 20. Interest-expense ratio 21. Net farm income ratio Liquidity Solvency Profi tability Repayment capacity Financial effi ciency 1.3 2.0 10% 30% 60% 30% 40% 70% 1.5 0.43 4% 8% 3% 10% 15% 25% 1.25 1.75 30% 45% 80% 60% 10% 5% 10% 5% 10% 20% 1.10 1.50 Liquidity - is the ability of your farm business to meet financial obligations as they come due – to generate enough cash to pay your family living expenses and taxes, and make debt payments on time. 1. Current ratio - measures the extent to which current farm assets, if sold tomorrow, would pay off current farm liabilities. 2. Working capital - tells us the operating capital available in the short term from within the business. 3. Working capital to gross revenues - measures operating capital available against the size of the business. Solvency - is the ability of your business to pay all its debts if it were sold tomorrow. Solvency is important in evaluating the financial risk and borrowing capacity of the business. 9. Rate of return on farm equity - represents the interest rate being earned by your investment in the farm. This return can be compared to returns available if your equity were invested somewhere else, such as a certificate of deposit. 10. Operating profit margin - shows the operating efficiency of the business. If expenses are low relative to the value of farm production, the business will have a healthy operating profit margin. A low profit margin can be caused by low product prices, high operating expenses, or inefficient production. 11. EBITDA - Earnings Before Interest Taxes Depreciation and Amortization. Measures earnings available for debt repayment. Profitability - is the difference between the value of goods produced and the cost of the resources used in their production. 7. Net farm income - represents return to 3 things, • Your labor, • Your management and • Your equity, that you have invested in the business. It is the rewa ...

Vulnerable .docx

jessiehampson

Measuring And Controlling Assets employed

anshagrawal2121

Overview of Direct Taxes Prevailing in India

Mr. Shivam Gupta

Chp 03 Cashflows Warna Hitam

Prasetyo Djoko Sasongko,MAPPI(Cert)

Chapter 11

dphil002

Ace taxation services tax guide 2015 16

CPA Mohamed Ebrahim MBA Manchester, CGMA, ACMA, CIFE,

Asm tax efficient profit extraction

Brian Clerkin

Singapore IRAS PIC Grants

changeablehairs49

213526372-Corporate-Tax.pptx

BalajiBalaji24767

Solution Manual Advanced Accounting 9th Edition by Baker Chapter 10

Saskia Ahmad

#ISVwebinars n°3: Italian Tax Law - Flavio Notari

italiastartupvisa

A presentation given to the Xtraordinary Women in Business Network in Blouberg on 18 April 2013 by Chris Farquharson, Chartered Account and owner of True North Accounting. TOPIC: Sole Proprietor vs. Pty: Legal meets Finance So, they say – “Rome was not built in a day” and that is certainly true for any business. Most small businesses start off as sole proprietorships or even partnerships, simply in order to save costs. Some on the other hand because the other options are often widely misunderstood. Is there really a cost saving and if there is, is cost saving really worth the risk? An insightful morning was spent with Nicolene Schoeman and Chris Farquharson as they shared the legal and financial practical business solutions to these challenges.

Individual vs Company Tax

Gwen Kloppers

Taxation in Brazil

Noronha Noad

Asc 740

Garrett Koerner

Saving With A Tax Advantage - May 2012 - Active Business Series

nevillebeckhurst

Top tax saving tips for small businesses

Practice Eye

Itf ipp ch10_2012_final

dphil002

Insider December 2011

nevillebeckhurst

Similaire à Chapter 14 1- Please explain how charitable contributions come into pl.docx (20)

Lab file on corporate tax planing

Chapter 10

Vulnerable .docx

Measuring And Controlling Assets employed

Overview of Direct Taxes Prevailing in India

Chp 03 Cashflows Warna Hitam

Chapter 11

Ace taxation services tax guide 2015 16

Asm tax efficient profit extraction

Singapore IRAS PIC Grants

213526372-Corporate-Tax.pptx

Solution Manual Advanced Accounting 9th Edition by Baker Chapter 10

#ISVwebinars n°3: Italian Tax Law - Flavio Notari

Individual vs Company Tax

Taxation in Brazil

Asc 740

Saving With A Tax Advantage - May 2012 - Active Business Series

Top tax saving tips for small businesses

Itf ipp ch10_2012_final

Insider December 2011

Plus de rtodd544

Calculating Internal Growth [LO3] The most recent financial statements for Live Co. are shown here: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible. What is the internal growth rate? Solution Answer - Internal Growth rate = (ROA * Retenstion Rate) / (1 - ROA * Retention Rate) ROA = Net income / total assets = 3420 / 39150 = 0.087 Retention rate = 1 - dividend payout ratio = 1 - 0.3 = 0.70 put values in internal growth rate formula = IGR = (0.087 * 0.70) / ( 1 - 0.087 * 0.70 ) = 0.061 / 0.938 IGR = 0.065 or 6.50 % .

Calculating Internal Growth -LO3- The most recent financial statements.docx

rtodd544

Ch 12 LT Liabilities and Present Value of MoneySolutionRequirement 1-.docx

rtodd544

CCES Corporation acquires a controlling interest in Schmaling, Inc. CCES may utilize three methods to internally account for this investment. Class, what are these methods? Could you discuss their advantages and disadvantages? Solution There are typically three types of accounting for investment made internally. 1) Cost or equity method: It is used when investor acquires < 20% of investee\'s voting stock (insignificant influence). 2) Equity method: Investor acquires 20% â€“ 50% of investee\'s voting stock (significant influence). 3) Consolidation Method Investor acquires > 50% of investee\'s voting stock (legal control). .

CCES Corporation acquires a controlling interest in Schmaling- Inc- CC.docx

rtodd544

Case 2-2 The Theoretical Foundation of Accounting Principles During the past several years, the FASB has attempted to strengthen the theoretical foundation for the development of accounting principles. Two of the most important results of this attempt are the Conceptual Framework Project and the Emerging Issues Task Force. During this same period, the FASB has been criticized for imposing too many standards on the financial reporting process, the so-called standards overload problem. Required: Solution 1. 1. The objective of the conceptual framework project is to develop an improved conceptual framework that provides a sound foundation for developing future accounting standards. Such a framework is essential to fulfilling the Board .

Case 2-2 The Theoretical Foundation of Accounting Principles During th.docx

rtodd544

Cap and dividend (adapted from Boyce and Riddle) Aggregate US demand for carbon emissions (or the marginal benefit of carbon emissions) is approximately: Q = 1,500,000,000 Solution 3. If the total cost is $ 400 then Q is: = 1,500,000,000 - 500,000 ($400) = 1,300,000,000 4. The corbon permits should give by the government is : = 1,300,000,000/ $200= 6,500,000 5. If the government collects taxes, it can be utilize for the welfare or development of the citizens of US 6. the amount is going to be distribute equal to all to the people of US 7. The tax impose on rich should be high with proportinate of their emit of carbon gases, and if the government distribute on the basis of equal per capita income the rich will be the beneficiaries and poor will be the sufferers. .

Cap and dividend (adapted from Boyce and Riddle) Aggregate US demand f.docx

rtodd544

Can you tell from the darkness of the color which foods have the most starch? List first four (4) (banana, potato, cereal and bread) in order to decreasing amount of starch. Solution The dark color appears on the reaction of iodine (titrator) with the food, the formation of dark blue color confirms the presence of starch in the food which can be formed due to the reaction of I2 and starch present in the food The starch content is highest in Banana, followed by Cereals, Bread and Potato Potato has starch content of 18-22% Bread has starch content of 40-44% Ceral has starch content of 60-80% Banana has starch content of 76-80% .

Can you tell from the darkness of the color which foods have the most.docx

rtodd544

Can the US government really stop advanced encryption techniques from failing into the hands of criminals. Solution So many hackers trying to daily enter government organization to steal data. Strong encryption consists giving good security to data. But hackers also some times decrypt data .so no one county have fully stop advanced encryption techniques from failing into the hands of criminals. US government has strong exporting rules on encryption productions .because US has some ability stop advanced encryption techniques from failing into the hands of criminals.. Encryption items specifically designed, developed, configured, adapted or modified for military applications (including command, control and intelligence applications) are controlled by the Department of State on the United States Munitions List. .

Can the US government really stop advanced encryption techniques from.docx

rtodd544

can you help me solve this and show the work so I can correct my mistake please 3) The decomposition of SO2Cl2 is first-order in SO2Clh and it has a half-life of 4.1 hours. If you begin with 1.6 x 10-3 mol of SO Cl2, how many hours elapse before the quantity of SO2Cl2 has decreased to 2.00 x 10-4 mol? (Chapter 14) Solution t1/2 = 4.1hours K = 0.693/t1/2 = 0.693/4.1 = 0.169hour^-1 [A0] = 1.6*10^-3 mol = 0.0016mol [A] = 2*10^-4 mol = 0.0002mol K = 2.303/t log[A0]/[A] t = 2.303/K log[A0]/[A] = 2.303/0.169 log0.0016/0.0002 = 13.627*0.903 = 12.3hours .

can you help me solve this and show the work so I can correct my mista.docx

rtodd544

Can someone show me the steps and also two examples on how to find which compound among four or five of them has the highest percentage of ionic character Solution The % of ionic character depends on the electronegativity difference between the two element which have been joined to form the compound Generally ionic character is highest for compounds between alkaline metals (electronegativity very low) and halogen (high value of electronegativity) The electronegativity trends increases from left to right in a period and decreases the down Hence the most ionic compound will be CsF (Flourie has the highest electronegativity on pauling scale equal to 4) The bonds of same element have zero ionic character i.e. F2,Cl2 etc .

Can someone show me the steps and also two examples on how to find whi.docx

rtodd544

Can someone suggest a hypothetical situation or scenario to exemplify Kosslyn Image Theory? Solution Imagination is cricial step in psychological theory It is a arguable pont that the imaginary is not just the ole form of internal representation, as an imagecannot present an object or scene without some interpretative function that picks out the salient features. In this hypothesis we can assume the five properties of imaginery: 1. Depcits info about brightness contrast etc 2. As the distance from center increase the activation degree decreases 3. The image surfacuce resoultion is limited to some context 4. The image is somewhat eliptical in shape 5. Images are more difficult to maintainm and store .

Can someone suggest a hypothetical situation or scenario to exemplify.docx

rtodd544

Can someone explain the more dilute the solution is (acid solution) the greater the degree of ionization? Can someone explain the more dilute the solution is (acid solution) the greater the degree of ionization? Solution Degree of Ionisation means no. Of ions increase. And degree of Ionisation is directly proportional to the degree of disassociation more will be the dissociation of solution more will be its no. Of ions . On dilution the degree of disassociation increase because water provides energy for dissociation of acid and thus degree of ionisation increase with dilution . .

Can someone explain the more dilute the solution is (acid solution) th.docx

rtodd544

can multilayers point to the same feature class Solution No , multiple layers cannot point to the same feature class, when you are publishing a map service with WFS capabilities it is not true. WFS service : If we use the WFS service to support transactions for editing (WFS-T), the source data for all the layers in the map must come from the same enterprise geodatabase; otherwise, the map cannot contain layers from multiple sources. Let us consider two or more layers in the map cannot reference the same feature class or have the same name. If they do, you will receive the error Workspace item or name is a duplicate . The name of the layer is the type name returned from WFS. .

can multilayers point to the same feature classSolutionNo- multiple la.docx

rtodd544

Calculate the pH of the resulting solution if 22.0 mL of 0.220 M HCl(aq) is added to (a) 32.0 mL of 0.220 M NaOH(aq). (b) 12.0 mL of 0.320 M NaOH(aq). Solution number of moles of HCl = 22*0.22 = 0.00484 mol number of moles of NaOH = 32*0.22 = 0.00704 mol number of moles excess = 0.00704 - 0.00484 = 0.0022 pOH = -log([OH-]) pOH = -log(0.0022*1000/(22+32)) pOH = 1.39 pH = 14 - 1.39 = 12.61 number of moles of NaOH = 12*0.32 = 0.00384 mol number of moles excess = 0.00484 - 0.00384 = 0.001 mol pH = -log([H+]) pH = -log(0.001*1000/(12+22)) pH = 1.531 .

Calculate the pH of the resulting solution if 22-0 mL of 0-220 M HCl(a.docx

rtodd544

Calculate the radius of a palladium atom, given that Pd has an FCC crystal structure, a density of 12.0 g/cm 3 , and an atomic weight of 106.4 g/mol. Solution Lets assume the radius to be r. In FCC, a*sqrt(2) = 4r Thus, a = 2sqrt(2)*r Volume of cell = a^3 = 16sqrt(2)r^3 = 22.627*r^3 Number of atoms in 1 cell = 4 mass of one cell = 4 * 106.4 / (6.02 * 10^23) = 7.069 * 10^-22 g Now, mass = vol * density Thus, 7.069 * 10^-22 = 22.627*r^3 * 12 r^3 = (7.069 * 10^-22) / (22.627 * 12) = 2.603 * 10^-24 cm^3 Thus, r = 1.37 * 10^-8 cm .

Calculate the radius of a palladium atom- given that Pd has an FCC cry.docx

rtodd544

Plus de rtodd544 (14)