Harmony reports a regular tax liability of $15,000 and tentative minimum tax of $17,000. Given just this information, what is her alternative minimum tax liability for the year?
A. $0
B. $2,000
C. $17,000
D. $15,000
Answer: B
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When bonds have been issued at a discount the periodic amortization of the discount will
A) increase the carrying value of the bonds. B) have no effect on the carrying value of the bonds. C) decrease the carrying value of the bonds. D) cause the carrying value always to equal the face value of the bonds.
Herbert, a finance analyst at a company, is asked to deliver a presentation to all employees of the company on the procedure involved in filing tax returns. He ensures to keep the language simple and does not use any financial jargon during the presentation. Instead, he uses commonly known terms to convey the message. Which of the following communication guidelines is Herbert following in the given scenario?
A. Avoid bias B. Analyze one's audience C. Avoid the use of slang D. Be concise
A manager that is able to reduce a company’s purchasing costs by 10% is likely practicing which function?
a. Yield management b. Cross-function management c. Spend management d. Revenue management
An option has the same rights and legal effect as earnest money
Indicate whether the statement is true or false