hunterthompson2

21.11.2019 • 

Business

Wilcox corporation reported the following results for its first three years of operation: 2017 income (before income taxes) $ 300,0002018 loss (before income taxes) (2,700,000)2019 income (before income taxes) 3,000,000there were no permanent or temporary differences during these three years. assume a corporate tax rate of 30% for 2017 and 2018, and 40% for 2019.assuming that wilcox elects to use the carryback provision, what income (loss) is reported in 2018? (assume that any deferred tax asset recognized is more likely than not to be realized.)a. $(2,700,000) b. $ -0- c. $(2,610,000) d. $(1,650,000)

Ответ:

karlyisaunicorn

19.02.2020

Business

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Failure is something everyone goes through. In life, we experince failure in sports, school, hobbies, etc., but we learn from our mistakes. We learn to not repeat them again to have a better outcome. It's the same thing for the engineering design process. You try something, you fail, and try again. It's the process in most everything. In the engineering design process you fail, but you don't make the same mistakes again. Failure is apart of life, but it is there to force us to learn from our mistakes, and make it better.

Explanation:

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