C:2‑3 Bruce and Bob organize Black LLC on May 10 of the current year. What is the entity’s default tax classification? Are any alternative classification(s) available? If so‚ (1) how do Bruce and Bob elect the alternative classification(s) and (2) what are the tax consequences of doing so? If Bruce and Bob are the only owners by default they will be billed as if they were a partnership. If they chose to‚ they could be taxed as an S Corp. The choice between the two is based on their expected income
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Sci/230 week 7 physiology Assignment Deborah Waters January 5‚ 2013 University of Phoenix Starfish Starfish are very unique creatures. Starfish are sometimes called sea stars. They are classified as invertebrate Echinoderm. Starfish are commonly found in rocky tide pools and are sometimes found washed up onto shore of all the world oceans. They live in tropical waters and on the seafloors of colder climate. Starfish does not have blood. They have a water vascular system where the starfish
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to Programming Name: Homework 2 Ch. 2: Short Answer 1-3 (10 points) 1. What does a professional programmer usually do first to gain an understanding of a problem? The first thing a professional programmer will usually do to gain the understanding of a problem is to work directly with‚ and interview the customer. 2. What is pseudocode? Pseudocode is an informal language that has no syntax rules‚ and is not meant to be compiled or executed. 3. Computer programs typically perform
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. (TCO 2) Bubba’s Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2‚250‚000 and direct labor hours are budgeted at 415‚000 hours. Actual overhead was $2‚200‚000 and actual direct labor hours worked were 422‚000. (a) Calculate the predetermined overhead rate. Rate‚ based on budgeted factory overhead cost and budgeted activity‚ that is established before a period begins. 2‚250‚000/415‚000 Budgeted
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Nude Art Tiffany ART/101 3/22/2013 Summer Nickerson Nude Art Marcel Duchamp’s Nude Descending a Staircase piece of art had a lot of controversy amongst Americans when it was first exhibited in the Amory Show of 1913. In this piece of art he did not have a women pose nude‚ but he used a series of pictures to portray a women walking nude down a flight of stairs. Many people when the first seen the work of art felt as though he was being disrespectful to the audience. The audience
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pay minus deductions. Assume that deductions are taken for tax withholding (30 percent of gross pay) and parking ($10 per month). You will need the following variables: Analysis Process: 1. Display a program title. 2. Prompt for the Employee ID 3. Prompt for the Hourly rate. 4. Prompt for Regular hours. 5. Prompt Overtime hours. 6. Add net and subtract tax’s equal gross. 7. Divide tax to gross. 8. Display the net. Input: Item Employee ID (string:
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California Surplus Inc. qualifies to use the installment-sales method for tax purposes and sold an investment on an installment basis. The total gain of $75000 was reported for financial reporting purposes in the period of sale. The installment period is 3 years; one-third of the sale price is collected in 2012 and the rest in 2013. The tax rate was 35% in 2012‚ and 30% in 2013 and 30% in 2014. The accounting and tax data is shown below. Financial Accounting Tax Return 2012
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Business Project Management MGT 172 Chapter 2: Organization Strategy and Project Selection April 8‚ 2010 UCSD – MGT 172 - Business Project Management This information may not be used or reproduced without prior written approval of the authors. Some content © 2008 The McGraw-Hill Companies‚ All Rights Reserved Slide 1 Class Roadmap April 8‚ 2010 UCSD – MGT 172 - Business Project Management This information may not be used or reproduced without prior written approval of the authors. Some content
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000 was purchased by Rim Corporation. The truck’s estimated life is 10 years. At the end of Year 2‚ what is the book value using declining-balance method? Assume a depreciation rate of twice the straight-line method. 15.A toy store has a beginning inventory of eight sets of paints at a cost of $1.25 each. During the year‚ the toy store purchased three at $1.50‚ five at $2‚ six at $2.50‚ and ten at $3. By the end of the year‚ 21 sets were sold. Calculate the following:
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eliminating multiple data entry‚ using paperless tools to transfer and validate data etc. This represents a huge risk to workers and they try to escape from this change. 2. Worker might commit number of frauds or defalcations due to weakness or gap in the manual process‚ and the technology will expose these activities. 3. People used to tradition ways to do their works. They prefer face to face meeting instead of conference voice/video calls‚ and phone instead of email and instant messaging
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