Winston corporation owns 25% of the voting stock of tole corporation and uses the equity method in recording the investment. tole corporation reported a $50,000 net loss. winston corporation's entry would include a
a. debit to the investment account for $50,000.
b. debit to the cash account for $12,500.
c. debit to the investment account for $12,500.

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

Increases in output and increases in the inflation rate have been linked to