Blue Company has taxable income of $90,000 before charitable contributions. The company made a $10,000 cash contribution to the local university. What is the tax liability of the company for the year?
A. $22,250.
B. $18,900.
C. $17,010.
D. $16,800.
Answer: C
You might also like to view...
Which of the following statements about mass customization is true?
A. There has been a widespread shift to mass customization by thousands of companies. B. If a company is to succeed with a mass customization strategy, it must be able to find a low-cost way to produce the products. C. The biggest successes in mass customization have all been in consumer markets as opposed to business markets. D. All these statements are true.
Northern Ireland's Fair Employment Act of 1989 mandates that:
a. Religious activity could not take place in the work place in order to create a religious neutral zone b. The workforce religious communities representation must equal to their proportions in the population at large c. Workplace religious programs must be open to all employees despite whatever religion they practice d. Any active religious discrimination would result in severe penalties and both the organization and the offending individuals would be held liable
Plan-do-check-act, a four-step interactive process created by Dr. Edwards Deming, the modern father of quality control, best manages continuous improvement in organizations.
a. True b. False
State consumer protection laws are directed at deceptive trade practices.?
Indicate whether the statement is true or false