Larkspur Corporation had the following tax
information.
|
Year |
Taxable Income |
Tax Rate |
Taxes Paid |
|||||||
| 2015 | $294,000 | 32% | $94,080 | |||||||
| 2016 | 319,000 | 27% | 86,130 | |||||||
| 2017 | 396,000 | 27% | 106,920 | |||||||
In 2018, Larkspur suffered a net operating loss of $487,000, which
it elected to carry back. The 2018 enacted tax rate is 26%.
Prepare Larkspur’s entry to record the effect of the loss
carryback.
In: Accounting
You are 45 years old and you have $150,000 in your retirement account. You want to have 3 million by the time you are 60. A) How much do you need earn on your investments on a monthly basis to have $3,000,000 by age 60. B) if you contribute $400 per month in the next 15 years what rate of return are you seeking for?
In: Finance
Adam is planning to retire after eight years, so he decided to
make an annual contribution of $11,000 to his saving account at the
end of each year for the next six years. If the saving account
earns 1.9% interest annually, how much can be withdrawn at the end
of year eight?
hint: the saving account will continue to earn interest on the current money in it even after stopping to contribute to it.
In: Finance
A partnership has liquidated all assets but still reports the following account balances:
The partners split profits and losses as follows: Cisneros, 40 percent; Beck, 20 percent; Sadak, 10 percent; Emerson, 20 percent; and Page 10 percent.

Assuming that all partners are personally insolvent except for Sadak and Emerson, how much cash must Sadak now contribute to this partnership?
In: Accounting
Suppose that you just turned 25 years old and that you wish to receive an annual annuity of $76,697 for 30 years (end of each year age 65-95). How much would you have to contribute annually at the end of each year ages 25-60 , if you then let the funds vest until age 65 with no further contributions? Your EAR is 5.2%.
In: Finance
President Trump passed an executive bill, banning Chinese airplanes from landing in America, and Chinese Post Graduate students from studying in America. As Chinese tourists and students contribute greatly to the US economy, how do you think this law by President trump will affect US productivity and economic growth? Comment particularly on human capital, physical capital, technology, natural resources, and labour
In: Economics
SUBJECT: Gerontological Nursing
1. What are the common age-related changes of respiratory system in older adult?
2. In selected respiratory conditions: Give nursing management and medication
.a. Chronic Obstructive Pulmonary Disease
b. Lung cancer
c. Pneumonia
3. What self-imposed and environmentally imposed risks to younger adults can contribute to the development of respiratory conditions in later life?
In: Nursing
Some textbooks assert that histidine can provide buffering capacity at the physiological pH of 7.4.
a) Is this assertion correct?
b) What are the unprotonated (base) and protonated (acid) forms of histidine that would contribute to the buffering?
c) Is there another amino acid that could potentially provide buffering at physiological pH? If so, which one and what are the unprotonated and protonated forms of this amino acid that would ocntribute to the buffering?
In: Chemistry
Which of the following are true of primary hypertension? Select all that apply
1.most likely to cause enlargement of the right ventricle
2.may contribute to the development or worsening of an aneurysm
3.is often identified early due to end-organ dysfunction
4.individual's at risk are often identified during routine screening
5.may be diagnosed using multiple measures during a single visit
In: Nursing
It is a fact that the incidence of sexually transmitted diseases (STD’s) is the result of unsafe sexual practices. There is concern that this diagnosis is rising. A condition initially related to the young adolescent now is being diagnosed in the older adult.
Misconceptions with regards to sex and sexual practices in the elder population contribute to the poor or absent screening and education. The question to answer is the following: is poor screening due to misconceptions by the patient, the health care provider or both?
In: Nursing