subject
Business, 19.10.2019 03:30 jashart95

The graves corporation was incorporated in 2018 and incurred a net op-erating loss of $35,000. the company’s operating income in 2019 was $47,000. because of a downturn in the local economy, the company suffers a net operating loss of $21,000 in 2020. what is the treatment of the 2020 loss? how would your answer change if graves were an s corporation?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:40
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
question
Business, 22.06.2019 11:10
An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value
Answers: 2
question
Business, 22.06.2019 20:00
Ryngard corp's sales last year were $38,000, and its total assets were $16,000. what was its total assets turnover ratio (tato)? a. 2.04b. 2.14c. 2.26d. 2.38e. 2.49
Answers: 1
question
Business, 22.06.2019 21:50
Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?
Answers: 1
You know the right answer?
The graves corporation was incorporated in 2018 and incurred a net op-erating loss of $35,000. the c...
Questions
question
Mathematics, 15.02.2021 04:00
question
Mathematics, 15.02.2021 04:00
question
Mathematics, 15.02.2021 04:00
question
Computers and Technology, 15.02.2021 04:00
question
Mathematics, 15.02.2021 04:00
question
Mathematics, 15.02.2021 04:00
question
Mathematics, 15.02.2021 04:00
question
Mathematics, 15.02.2021 04:00
Questions on the website: 13722365