Japanese manufacturing firms sometimes create cooperative coalitions with their suppliers in order to provide the suppliers with a certain degree of financial support. What are these cooperative coalitions called?
a. Jidoka Networks
b. Keiretsu Networks
c. Kanban Networks
d. Kaizen Networks
b
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Which item below cannot be taken as an itemized deduction?
A) Medical expenses B) Charitable contributions C) Child and dependent care expenses D) Real estate taxes
For tax purposes, there is no original issue discount on a bond unless the bond is issued for less than its face value and the difference between the face value and the bond issue price is at least one-fourth of 1% of the redemption price at maturity multiplied by the number of years to maturity.
Answer the following statement true (T) or false (F)
Which of the following statements about the requirements of proxy statements is true?
A. The proposed resolution must be presented to the company for approval at least 100 days before the annual meeting. B. Stockholders must own $3,000 or more shares for at least one year. C. The proposal cannot exceed 1,000 words. D. A shareholder may submit only one proposal for a particular shareholder meeting.
Prior to the effect of tax credits, Eunice's regular income tax liability is $325,000 and her tentative minimum tax is $312,000 . Eunice has general business credits available of $20,000 . Calculate Eunice's tax liability after tax credits
a. $0 b. $305,000 c. $312,000 d. $325,000