Carter Corporation reports the following results for the current year: Gross profits on sales $660,000 Dividends...

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Carter Corporation reports the following results for the current year: Gross profits on sales $660,000 Dividends from less th

business accounting

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Answer 1

Answer #1

Gross total income - 960000

Operating expenses - 650000

Taxable income before deduction- 310000

Dividend received deduction 210000

Total income - 100000

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Answer 2

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Carter Corporation reports the following results for the current year: Gross profits on sales $660,000 Dividends...

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