Lauren, kathryn and emily close their medical business, pool their assets and open a surf shop. the state where they reside assesses corporations at an 8% tax rate and 12% on individuals, regardless of income. the sole requirement the girls are considering is finding the most tax advantageous business entity. for the foreseeable future the girls are not going to take dividends from the profits but reinvest profits back into the business. the wisest business entity would be
a. professional corporation.
b. limited liability corporation.
c. c corporation.
d. s corporation.
Answers: 1
Business, 22.06.2019 00:10
What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?
Answers: 1
Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
Answers: 2
Business, 22.06.2019 14:50
One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 2
Business, 22.06.2019 17:40
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
Lauren, kathryn and emily close their medical business, pool their assets and open a surf shop. the...
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