Carrot corporation, a c corporation, has a net short-term capital gain of $65,000 and a net long-term capital loss of $250,000 during 2018. carrot corporation had taxable income from other sources of $720,000. prior years’ transactions included the following: 2014 net long-term capital gain $150,000 2015 net short-term capital gain 60,000 2016 net short-term capital gain 45,000 2017 net long-term capital gain 35,000 compute the amount of carrot’s capital loss carryover to 2019. a. $0 b. $32,000 c. $45,000 d. $185,000 e. none of the above

Matt and his roommate gamal argue repeatedly about wearing shoes in the house versus taking them off at the door. eventually, both are fed up with constantly arguing. they decide to sit down and talk, and not get up until they come to a resolution. this is an example of which decision-making strategy

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.