Brace, Inc. owns 90% of West common stock. This year, Brace generated $50,000 operating income and received $10,000 dividends from West. Brace's taxable income is:

A. $53,000
B. $58,000
C. $52,000
D. $50,000


Answer: D

Business

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A. A decrease in stockholders' equity of $200,000 B. An increase in stockholders' equity of $400,000 C. A decrease in assets of $360,000 D. A decrease in assets of $300,000

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Indicate whether the statement is true or false

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The most common claim of discrimination, which makes up about 36% of charges filed, is:

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