The Bell Company had the following operating results: Year Income (loss) Tax Rate Income Tax 2015 40,000 35% 14,000 2016 20,000 35% 7,000 2017 50,000 40% 20,000 2018 (60,000) 40% 0 What is the income tax refund receivable? Group of answer choices $24,000. $27,000. $23,000. $21,000.

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.