Siebrecht organized siebrecht realty co., a corporation, and then transferred his building to the corporation in exchange for its stock. the corporation rented different parts of the building to different tenants. elenkrieg, an employee of one of the tenants, fell andwasinjuredbecause ofthe defectivecondition of a stairway. she sued siebrecht individually on the ground that the corporation had been formed by him for the purpose of securing limited liability. decide. [elenkrieg v. siebrecht, 144 n. e. 519 (n. y.)]

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.