Daniel is considering selling two stocks that have not fared well over recent years. a friend recently informed daniel that one of his stocks has a special designation, which allows him to treat a loss up to $80,000 on this stock as an ordinary loss rather than the typical capital loss. daniel figures that he has a loss of $96,000 on each stock. if daniel’s marginal tax rate is 35 percent and he has $192,000 of other capital gains (taxed at 15 percent), what is the tax savings from the special tax treatment?

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above

What are six resources for you decide which type of business to start and how to start it?