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Formed in 2012,ABC Ltd

question 81

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Formed in 2012,ABC Ltd.had an operating loss of $95,000,with projected taxable income of $70,000 in 2013,$55,000 in 2014,and $80,000 in 2015.What will the corporate tax liability be in 2015? Assume that ABC is a CCPC in Quebec with a combined federal and provincial corporate income tax rate of 19%.

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Definitions:

Minimum Duration

The shortest possible time in which a process, task, or project can be completed, often identified through planning and optimization techniques.

Non-critical Points

Locations or instances within a system, process, or project that do not directly impact the outcome or goal, and where failure or variance has negligible effects.

Minimum Duration

The shortest possible time in which a project or task can be completed, taking all constraints into account.

Immediate Predecessors

Activities or tasks that must be completed directly before a subsequent activity or task can begin, in a project or process sequence.

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