Juanita owns 60% of the stock in a c corporation that had a profit of $200,000 in the current year. carlos owns a 60% interest in a partnership that had a profit of $200,000 during the year. the corporation distributed $45,000 to juanita, and the partnership distributed $45,000 to carlos. with respect to this information, which of the following statements is incorrect?
(a) juanita must report $120,000 of income from the corporation.
(b) the corporation must pay corporate tax on $200,000 of income.
(c) carlos must report $120,000 of income from the partnership.
(d)the partnership is not subject to a federal entity-level income tax.
(e)none of the above.

In macroeconomics, to study the aggregate means to study blank

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%