berta has generated general business credits over the years that have not been utilized. the amounts generated and not utilized are as follows: 2018 $ 5,000 2019 15,000 2020 10,000 2021 8,000 in the current year, 2022, berta's business generates an additional $30,000 general business credit. in 2022, based on the tax liability before credits, berta can utilize a general business credit of up to $40,000. after utilizing the carryforwards and the current-year credits, how much of the general business credit generated in 2022 is available for future years?

Answers

Answer 1

The total of all tax credits a firm claims over a tax year is known as the General Business Credit (GBC). The business must utilize Form 3800 to record the credits in a certain order if the total of all credits exceeds the entire tax liability.

What is GBC ?

Any of the following, according to the IRS, constitutes an eligible small business:

a company that is not traded publiclya collaborationa single-person business

The entity's three most recent tax years' average yearly gross receipts cannot have been greater than $50 million. Base the average yearly gross receipts on the length of time the business has been in operation if it has been less than three years.

Hence GBC for 2022 is $ 28,000 (5000+15000+10000+8000)

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Related Questions

Does it matter how much money you make in your career?

Answers

Yeah it will matter because that’s what you will use in the future whenever you are grown up

Answer:

Yes,it does matter how much money you make in your career

you plan to purchase a house for $170,000 using a 30-year mortgage obtained from your local bank. you will make a down payment of 25 percent of the purchase price. you will not pay off the mortgage early. assume the homeowner will remain in the house for the full term and ignore taxes in your analysis. a. your bank offers you the following two options for payment. which option should you choose? b. your bank offers you the following two options for payments. which option should you choose?

Answers

a. To choose between the two options, we need to compare the total cost of each loan. Option 2 has a lower total cost ($239,908.00) compared to Option 1 ($245,470.80). Therefore, Option 2 is the better choice.

b. Based on the calculations, the better option is Option 2: 4.75% fixed interest rate, 1 point, no origination fee.

To determine which payment option is better, we need to calculate the monthly mortgage payment for each option. Here are the steps to do that:

Calculate the amount of the down payment:

Down payment = 25% of $170,000 = $42,500

Calculate the amount of the loan:

Loan amount = Purchase price - Down payment = $170,000 - $42,500 = $127,500

Find the monthly interest rate:

Annual interest rate = 5%

Monthly interest rate = 5% / 12 = 0.4167%

Calculate the monthly mortgage payment for Option 1:

Option 1: 5% fixed interest rate, no points, no origination fee

Using a mortgage calculator or a formula, we can find that the monthly mortgage payment for a 30-year, $127,500 loan at 5% interest rate is $683.53.

Calculate the total cost of the loan for Option 1:

Total cost = Monthly payment x Total number of payments = $683.53 x 360 = $245,470.80

Calculate the monthly mortgage payment for Option 2:

Option 2: 4.75% fixed interest rate, 1 point, no origination fee

Using the same method as before, we can find that the monthly mortgage payment for a 30-year, $127,500 loan at 4.75% interest rate is $665.30.

Calculate the total cost of the loan for Option 2:

Total cost = Monthly payment x Total number of payments + Points paid upfront = $665.30 x 360 + $1,275 = $239,908.00

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victoria secret maintains a large data warehouse in which it keeps track of inventory, buying patterns, and regional differences. an examination of information from a data warehouse subset that contained data from its miami, florida, stores showed that for every one black bra purchased ten ivory bras were purchased. this subset is referred to as a(n):

Answers

An examination of information from a data warehouse subset that contained data from its stores showed that for every one black bra purchased ten ivory bras were purchased. This subset is referred to as an information network x.

Data, which can describe quantity, quality, fact, statistics, other fundamental units of meaning, or just sequences of symbols that can be further interpreted, is a collection of discrete values that transmit information in the quest of knowledge.

A datum is a specific value contained in a group of data. Typically, data is arranged into tables or other structures that provide it greater context and meaning and may be utilized as data in other, bigger structures. Data may be utilised as variables in a computer process. Data may reflect both actual measures and abstract concepts.

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1. What are non-union workers representations? Do you think we will see more of these types of representations in the future?
2. Are immigrants a good source of workers to fill vacant positions? What are some of the barriers to employing immigrants? Are immigrants always welcomed by every country to fill job vacancies?
3. If you are given the opportunity in your next job to go on an extended foreign assignment, what types of support programs would you expect or ask for?
4. If you ever have the responsibility to select an associate for a foreign assignment, how would you go about doing that and what characteristics would you look for to ensure success?

Answers

Non-union workers' representations are collective groups that organize themselves without the assistance of the union.

There are different types of non-union workers' representation, and the most common include employee committees, workers' councils, and associations. These groups operate as an intermediary between the workers and management. Yes, immigrants can be a good source of workers to fill vacant positions. Immigrants are more likely to be willing to work in low-paying jobs than native-born workers. Some of the barriers to employing immigrants include language barriers, cultural differences, legal issues, and discrimination. Immigrants are not always welcomed by every country to fill job vacancies, and some countries have laws that limit the number of immigrants that can work in their country.

If I were given the opportunity in my next job to go on an extended foreign assignment, some of the support programs that I would expect include language training, cultural training, health insurance, and financial assistance to help with the cost of living. If I ever had the responsibility to select an associate for a foreign assignment, I would look for someone with strong communication skills, cultural sensitivity, and language proficiency. The individual should also have prior experience working in a multicultural environment, be able to adapt to new situations, and be willing to learn new things. These characteristics would ensure success in the foreign assignment.

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1. Assume that United States companies spent approximately $8 billion on paper last year. One company
estimated that it saved $100,000 in paper costs in one year when it replaced paper processing with
computer tablets. How many companies would have to save $100,000 to cover the annual cost of paper
used in the United States in one year?

Answers

Answer:

80000 companies (8 billion : 100000)

2. A business installs a free chilled water drinking machine
for staff. This is an example of: (1)
A
B
С
D
a non-financial method of motivation
a promotional method
an improvement to customer service
organic growth

Answers

the answer would be A, a non-financial method of motivation

Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November 1st. What is Devonte’s actual account balance?

Answers

Answer:

✓ $1,330.26

Explanation:

Answer:

$1,330.26

Explanation:

Which statement best describes how insurance works?
A. Insurance lowers the individual effects of financial loss by spreading the risk to a larger group.

B. Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.

C. Insurance companies borrow money from banks when they have to pay claims to policyholders.

D. Insurance companies change the coverage types offered on policies based on an individual's loss history.

Answers

Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.

What is insurance?

Insurance involves securing an item against accident or any damages.

An individual can insure properties such as Land, building or Life by paying certain amount of money which serves a premium.

Therefore, insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.

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Scenario 3: Buying a cell phone plan It’s time to buy a new cell phone plan, and you will be paying for this one yourself. The providers offer a lot of options, and your budget is limited. What financial information do you need? What financial decision-making strategies can you use? (Cost comparison, cost-benefit analysis, calculating future expenses, or budgeting?)

Answers

Answer:

hi bestie

cost comparison

Explanation:

assume that bread and butter are complementary goods. the government begins to subsidize the production of wheat, which is an input in the production of bread. for each of the following markets, draw correctly labeled supply and demand graphs and show and explain the effects of the subsidy on the equilibrium price and quantity in the short run. the wheat market the bread market the butter market if the demand for bread is price elastic, how will total revenues for the bread producers change as a result of the government subsidy?

Answers

Bread and butter are supplements since they are consumed together. Negative cross-price elasticity of demand exists for complement goods. Substitutes include potatoes and bread.

Are butter and bread equivalent goods?

Examples of complementary goods include butter and bread, gasoline and automobiles. These goods have joint demand because when one commodity's demand rises, so does the demand for another.

What is the bread's complementary product?

butter Because bread and butter are frequently eaten together, you won't often see people eating butter without bread.

When the price of jelly falls, what happens to the peanut butter market?

Peanut butter, which is a product that complements jelly, will see an increase in demand if the price of jelly decreases. The price of peanut butter will rise as a result of an increase in demand.

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Please help me answer this!! Thanks!
If a company reported total sales of $59,919, cost of goods sold of $21,112, gross income of $38,807, operating expenses of $18,005 and a gross profit ratio of 65%, what was the company's operating income? (Round to the nearest dollar)


a) -$18,005

b) $20,802

c) $25,225

d) $38,807

Answers

Answer:

$20, 802

Explanation:

Operating income is the income after deducting the operating expenses. It is gross profit minus operating expenses.

Operating income is also known as operating income. It is also called earnings before interest and Taxes EBIT because it is operating income less operating expenses, excluding taxes and interest.

Operating income is calculated using the formula.

Gross profit -operating expenses = operating income

i.e,. Total sales- COGS -operating expenses = operating income

operating income =$59,919 - $21,112, -$18,005

Operating income = $20, 802

PLEASE HELPP!!!! ASAP 50 POINTS WILL MARK BRAINLIEST

What is financing? (Select the best answer.)


Using a debit card to make purchases


Paying back debts


Using credit to pay for purchases


Reducing the principal of a loan


What might you do if you are unable to get a credit card? (Select the best answer.)


Stop accepting government assistance


Pay less attention to your bank balance


Make as many cash purchases as possible


Apply for a department store card

Answers

1.) Using a credit card to make purchases
2.)stop accepting government assistance or apply for a department store card.

Don’t know for sure if these are correct but... Good luck

what did not contribute to the collapse of the stock market in 1929?

Answers

Answer: stock prices reflected the real value of companies

Explanation:

When someone makes a choice, what are all the other alternatives that are given up by making that choice called?

Answers

When someone makes a choice, what are all the other alternatives that are given up by making that choice called trade-offs.

All of economics is about tradeoffs. Any circumstance where choosing one course of action results in giving up another, often foregoing a reward or opportunity, is referred to as a tradeoff. A bonus in one area must be a minus in another, and in these zero-sum circumstances we encounter tradeoffs. The investigation of how humans distribute limited resources and bargain over opportunity costs is a central tenet of economic theory.

If we apply economic principles to resources other than money, economics provides instruments that we may utilize as guides for achieving our goals in life. Even while we all understand that money isn't limitless, we frequently treat our time, energy, and attention as if they are.

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Recreation is defined as

a. a healthy workout
b. not working
c. playing an organized sport
d. refreshment of strength and spirit

Answers

Recreation is defined as the refreshment of strength and spirit. This definition encompasses the idea of taking part in leisure activities that are enjoyable and relaxing and that help to rejuvenate the mind and body.

Answer: d. Refreshment of strength and spirit.What is recreation?Recreation is an activity or experience that gives pleasure and relaxation to people during their leisure time. It is an individual's choice to engage in recreational activities, but it is always preferable to choose activities that promote physical and mental well-being. Examples of recreational activities include hiking, playing sports, gardening, and bird watching.

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Selling and administrative expenses would likely appear on the balance sheet of?

Answers

The selling and administration expenses would appear on the balance sheet of the period in which they have occurred and not the period in which they are actually paid.

The selling and administration expenses  are mentioned in the second section of a multi-step income statement. "The selling expenses are the costs which takes place at the time of selling goods to consumers. It consists of marketing expenses, the salary of sales personnel, and freight charges too."

"Administrative expenses are costs that are indirectly related to the sale of goods and may include the salary of the office personnel, rental expenses, etc". The total operating expenses are achieved by adding both selling expenses and administrative expenses.

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Stephen owns a chemical plant. He is glad that his primary stakeholders are satisfied with the company's growth. However, he is concerned about pleasing the secondary stakeholders. How can he ensure the welfare of secondary stakeholders?

Answers

Answer: D. use a manufacturing process that is compliant with all state and federal regulations.

Explanation:

The options to the question are:

a. pay less taxes

b. substitute the existing labor power with machines

c. double the output of the manufacturing process by asking workers to work overtime

d. use a manufacturing process that is compliant with all state and federal regulations

e. organize picnics for employees

Since Stephen wants to ensure the welfare of secondary stakeholders, he should use a manufacturing process that is compliant with all state and federal regulations

The secondary stakeholders are the individuals or entities that the company doesn't have direct economic transactions with e.g. the government, environmental groups, media etc.

Therefore, to please the secondary stakeholders, he must abide to the necessary rules and regulations.

What is Installment credit?
(In your own words, please and thank you!!! :)

Answers

Installment credit is when you borrow a fixed sum of money and agree to make monthly.

Answer:

Explanation:

Installment credit is an important aspect of your credit score because it shows that you can maintain a payment over time. Examples of installment loans are car loans, mortgages, and student loans

It is also called Installment plan it means when you do work and you get credit.

HAVE A GREAT DAY!

the common stock account decreased during the year. this is a of cash reported in the section of the statement of cash flows.

Answers

A decrease in common stock is reported in the financing section of the statement of cash flows.

A decrease in the common stock account indicates that a company has either repurchased shares or issued dividends to shareholders.

This activity is classified as a financing activity and is reported in the financing section of the statement of cash flows. This section of the statement provides information about the cash inflows and outflows related to long-term financing activities, including stock issuances, stock repurchases, and dividend payments.

Other items reported in this section include debt issuances and repayments, as well as changes in other long-term liabilities.

By analyzing the financing section of the statement of cash flows, investors can gain insights into a company's capital structure and its ability to fund growth initiatives.

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What can stand alone when applying for a job?
-cover letter and resume
-resume and transcript
-transcript and cover letter
-recommendations

Answers

Answer: A resume and cover letter

Explanation:

Electronic résumés have an attractive, highly formatted appearance. T F​

Electronic rsums have an attractive, highly formatted appearance. T F

Answers

Answer:

False.

Explanation:

False.

Answer:false

Explanation: got it right

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

How can advertising benefit our society?:​

Answers

Through the medium of advertising people get information regarding new products. As people use these new and latest goods, their standard of living gets a boost. Advertising is helpful in providing employment and increasing income of the people. Both have a positive effect on their standard of living

Answer: providing employment and increasing income of the people

Explanation:Through the medium of advertising people get information regarding new products. As people use these new and latest goods, their standard of living gets a boost. Advertising is helpful in providing employment and increasing income of the people. Both have a positive effect on their standard of living.

Read the scenario.
Madison received $100 as a holiday gift. She used it to buy 50 mineral infused candles for $2
each. Then, she walked around the neighborhood and sold the candles for $4 each.
R
What factors of production did Madison use?

Answers

Answer:

1/34

Explanation:

Answer:

all four factors of production

Explanation:

I just took the test now and got it right

one can find the change in wealth from an investment by subtracting the present value of its required investment from the present value of its future cash flows. group of answer choices true false

Answers

True.

To find the change in wealth from an investment, one needs to calculate the net present value (NPV) of the investment. The NPV is calculated by subtracting the present value of the required investment from the present value of the expected future cash flows. If the NPV is positive, the investment is expected to generate wealth, while if the NPV is negative, the investment is expected to result in a loss of wealth. Therefore, the statement is true.

Can some please explain what a core feature is for business class

Answers

Answer:

The main things

Explanation:

Which is not a limitation of Enterprise Risk Management (ERM)?
A. Errors, mistakes, or faulty judgment.
B. Absolute assurance of achievement of entity objectives.
C. Management override.
D. Control circumvention by collusion.
E. Cost verses benefit.

Answers

Answer:

B. Absolute assurance of achievement of entity objectives.

Explanation:

Enterprise risk management refers to managing risk for an enterprise. It is depends on the plan strategy for a business to identify and analyze the risk, dangers, hazards that could be in terms of physical or figurative also it interfers to the day to day operations and its objectives

Here, the second option represents the advantage of an enterprise risk management

Therefore the same is to be chosen

hence, the correct option is B.

Which of the following statements explains the difference between a lease and a loan?
a. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
b. At the end of a loan, the car still belongs to the lease company, but at the end of a lease the car
belongs to you.
C. A loan requires a large down payment at the beginning while a lease does not.
d. A lease requires a large down payment at the beginning while a loan does not

Answers

Answer:

A. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the

lease company.

Explanation:

The following statement which explains the difference between a lease and a loan, at the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the lease company. Thus, statement 'A' is the correct statement.

What is the difference between a lease and a loan?

A lease is a long-term leasing arrangement for the use of a certain piece of equipment, whereas a loan is the borrowing of money. Loans and leases both offer advantages as a form of finance. The following are some crucial factors influencing your choice.

Loan: Typically, rates are variable and dependent on the prime rate or another index, like LIBOR. The monthly payout changes in line with changes in the index. This is advantageous when interest rates are down and harmful when they are rising. Banks won't fund machinery they don't understand or that they believe has little value as collateral.

Lease: Payments are typically fixed for the duration of the lease, barring any unusual terms. Budgeting and cash flow management are greatly facilitated by fixed payments. Because of our own financial capacity, we can finance most types of equipment.

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3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,000. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and is demanding payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refused to pay Taso and Taso sues Cara, what is the most damages Taso will be entitled to recover

Answers

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.\(^{}\)ly/3a8Nt8n

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