Alpha Corporation Owns 100 Percent of Beta Company, and Beta

question 59

Multiple Choice

Alpha Corporation owns 100 percent of Beta Company, and Beta owns 80 percent of Gamma, Inc. all of which are domestic corporations. Information for the three companies for the year ending December 31, 2013 follows: What is Alpha's accrual-based income for 2013?

• A) $564,000.
• B) $564,800.
• C) $572,200.
• D) $580,000.
• E) $600,000.

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Definitions:

Thoracic Spinal Nerves

Nerves that emerge from the spinal cord in the thoracic (middle) area of the spine, involved in numerous body functions including respiration.

Spinal Nerve Routes

The paths taken by spinal nerves as they exit the spinal cord and branch out to various parts of the body.

Brain Damage

Physical injury to the brain tissue that can result in impaired function, such as loss of memory, motor control, or cognitive abilities.

Reciprocal Innervation

A neural mechanism that allows for the simultaneous contraction of one muscle and the relaxation of its antagonist.