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Sage,Inc. ,has the following gross receipts and taxable income,since its incorporation in 2010.
Gross receipts
Taxable income
2010
$4,600,000
$120,000
2011
4,300,000
190,000
2012
7,200,000
162,000
2013
9,000,000
180,000
2014
6,200,000
150,000
2015
6,500,000
160,000
2016
6,800,000
162,000
Is Sage,Inc. ,subject to the AMT in 2016?
Statistically Significant
A measure indicating that the likelihood that a result or relationship is caused by something other than mere random chance is high.
Newly Hired
Refers to workers who have recently been employed by an organization, typically implying their adjustment and integration period.
Null Hypothesis
A default statement in statistical testing that assumes no effect or no difference, against which the alternative hypothesis is tested.
P-value
A statistical measure that helps in determining the significance of results obtained in hypothesis testing, indicating the probability of observing the results if the null hypothesis were true.
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