Hawkins corporation has 50000 of taxable income beforehand, Ask an Expert

Management Studies

Hawkins Corporation has $50,000 of taxable income beforehand special deductions. Taxable income includes an operating loss carry forward of $10,000 and $60,000 of dividend income received from other corporations in which Hawkins owns less than a 20% interest. What is Hawkins' taxable income?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9314093

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