User Account

All Pages

What the corporation excess passive investment income

Assignment Help Accounting Basics
Reference no: EM132946439

Question - A corporation that elected S status in 20X2 has C corporation earnings and profits of $50,000 from its C corporation years. During 20X5 the corporation's gross receipts are $120,000, which includes $75,000 of interest income. Expenses related to the interest income are $10,000. What the corporation's excess passive investment income?

a. $45,000

b. $35,000

c. $39,000

d. $20,000

Reference no: EM132946439

Questions Cloud

What amount will the investment be reported in the year : For several years Fister Links Products has held shares of l, what amount will investment be reported in this year's statement of financial position?
Determine the current value of each of the certificates : If the current rate of return required on this type of investment certificate is 4.25%, determine the current value of each of the certificates
Future distribution of trust income and principal : Ten years ago, a testator died, survived by his only children: a son, age 26, and a daughter, age 18. A testamentary trust was created under the testator's duly
Explain the process for exchange of contracts : Subject is real estate - The elderly couple have not sold before and ask you to explain the process for exchange of contracts. How would you explain to them the
What the corporation excess passive investment income : During 20X5 the corporation's gross receipts are $120,000, What the corporation excess passive investment income
Discuss the relative use of nonverbal behaviors : 1.) Discuss the stages in the negotiation process and how culturally-based value systems influence these stages. Specifically, explain the role and relative imp
Contemporary american bus : In 2020, Amazon purchased Whole Foods grocery chain. What type of growth strategy does this represent according to your chapter? Did this acquisition seem congr
Calculate? project npv using a discount rate of six percent : Calculate the? project's NPV using a discount rate of 6 percent. In year 6 the firm will also get back a cash flow equal to the salvage
What is your expected value for this raffle : A raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $9,000, What is your expected value for this raffle

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd