Omnidata Uses the Annualized Income Method to Determine Its Quarterly

question 57

Multiple Choice

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. It had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first threequarters) . What is Omnidata's annual estimated taxable income as of the end of the third quarter?

• A) $480,000.
• B) $300,000.
• C) $400,000.
• D) $320,000.

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Definitions:

Buy-Class Situations

Different buying scenarios that businesses might encounter, varying in levels of complexity and purchase importance.

Buying Center Tendencies

Refers to the patterns or behaviors exhibited by a group of individuals within an organization who are involved in making a purchase decision.

Buy Classes

Categories of purchasing decisions that vary based on their complexity, frequency, and the level of decision-making involvement.