Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 11. the dot corporation has changed its year-end f

11. The Dot Corporation has changed its year-end from a calendar year-end to August 31....

70.2K

Verified Solution

Question

Accounting

11. The Dot Corporation has changed its year-end from a calendar year-end to August 31. The income for its short period from January 1 to August 31 is $54,000. The tax for this short period is:
a.$2,040
b.$8,667
c.$11,340
d.$6,250

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Civil Engineering
1.2K views

Answer the following questions related to “Type HE” cement What property of this cement sets it...

Psychology
1.2K views

In your own words discuss the following.... In team building, discuss ways in which you develop...

Accounting
1.2K views

(Recognition of Profit on Long-Term Contract —Overall Loss) Assume the facts given in E6.37 except that Vaughn's...

Biology
1.2K views

27 Examine the longitudinal section of a female cone under 4x provided here Label the...

Basic Math
1.2K views

Factor out the greatest common factor from the polynomial 4x 8 4x 8 Type your...

Calculus
1.2K views

Sketch the solid and a typical disk or washer y 4 2 4 y 4...

Algebra
1.2K views

Consider the parabola given by the equation f x 4x 8x 2 Find the following...

Accounting
1.2K views

Brief Exercise 11-6 Your answer is partially correct. Try again. $9 par $1,089,000 and retained...

Accounting
1.2K views

Golden Manufacturing Company started operations by acquiring $143,000 cash from the issue of common stock....

Accounting
1.2K views

Prepare the statement of cash flows using the indirect method ...

Accounting
1.2K views

Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as...

Finance
1.2K views

Please help Computech Corporation is expanding rapidly and currently needs to retain all of its...