In 2011,Parsley Corp Had $385,000 of Revenue from Operations and $120,000

question 10

Multiple Choice

In 2011,Parsley Corp had $385,000 of revenue from operations and $120,000 of dividends from non-affiliated 25%-owned domestic corporations.The corporation's operating expenses totaled $400,000.Parsley Corp's dividends received deduction for 2011 is:

• A)$30,000
• B)$105,000
• C)$120,000
• D)$84,000
• E)$96,000

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Definitions:

Biological Preparedness

The concept that organisms are inherently inclined to form associations between certain stimuli and responses.

Parakeet

A small to medium-sized parrot with a long tail, often kept as a pet; known for their ability to mimic human speech.

Hostile Environment Sexual Harassment

Involves sexual jokes, comments, and touching that interferes with work or creates an unfriendly work environment.

Sexual Innuendos

Subtle or indirect references to sexual content or activities, often used humorously or provocatively in conversation or media.