ACC2363_QUIZ 2_Q #24

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School

Algonquin College *

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Course

2363

Subject

History

Date

Dec 6, 2023

Type

pdf

Pages

1

Uploaded by ok1807

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11/29/23, 9:48 AM Question 24 of 100 - Quiz Two https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchId=6725a273-fdf5-482a-a475-ba3a80cb0a9f#/question/23 1/1 View Policies Show Attempt History Your answer is correct. Sarasota Inc. reported a taxable and accounting loss of $136000 for 2023. Its pre-tax accounting income for the preceding two years was as follows: 2021 $63000 2022 83000 The amount that Sarasota reports as a net loss for ±nancial reporting purposes in 2023, assuming that it uses the carryback provisions, and that the tax rate is 25% for all years involved, is $0. $102000. $109500. $136000. eTextbook and Media Attempts: 2 of 3 used
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