The ​Corporation, a C​ corporation, is owned​ 100% by and had taxable income in of . is also an employee of the corporation. In ​, the corporation has decided to distribute to and has asked you whether it would be better to distribute the money as a dividend or salary. ​, a single​ taxpayer, is in the ​% marginal tax bracket. How would you respond to ​Corporation? Consider only income taxes for this problem. ​(​'s taxable income exceeds ​.)

What is a sort of auction for stocks in which traders verbally submit their offers?

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

E11-2 (multiple choice) identify the best answer for each of the following: which of the following statements about internal service fund liabilities is false? internal service funds may report both current and long-term liabilities. internal service funds may not issue bonds for financing purposes. internal service funds may report contingent liabilities. due to other funds would be reported as a current liability