Broadbill Corporation, a calendar year C corporation, has two unrelated cash method shareholders: Marcia owns 51% of the stock, and Zack owns the remaining 49%. Each shareholder is employed by the corporation at an annual salary of $240,000. During 2015, Broadbill paid each shareholder-employee $220,000 of his or her annual salary, with the remaining $20,000 paid in January 2016. How much of the 2015 salaries for Marcia and Zack is deductible by Broadbill in 2015 if the corporation is:
a. A cash method taxpayer?
b. An accrual method taxpayer?
Determine the van’t Hoff factor (i) for the following ionic solute dissolved in water.Jun 14 2021
The treasurer for Pittsburgh Iron Works wishes to use financial futures to hedge her interest rate exposure. She will sell five Treasury futures contracts at $107,000 per...Apr 23 2020
Use the applet entitled Simulating the Stock Market to estimate the probability that the stock market will go up each of the next two days. Repeatedly run the applet for ...Aug 07 2020
EMCSR is not good according to Utilitarianism 25) EMCSR is not good according to Kantianism 26) Stakeholder Model of Corporate Social Responsibility (SMCSR) is ethically ...Apr 29 2020
Suppose a perfectly competitive firm can maximize profit by hiring one more unit of labor, this extra unit of labor will make 6 more units of output. If it can sell each ...Apr 26 2021
If the aggregate supply curve is upward sloping, then increases in aggregate demand lead toA) increases in the price level.B) decreases in output.C) decreases in the pri...Dec 07 2019
Suppose that the federal government places a binding price floor on chocolate. To help support the price floor, the government purchases all chocolate that consumers do n...Jun 05 2020
a firm's current ratio is 1.3, and its quick ratio is 1.0. If its current liabilities is $10,800, what are its inventories?Jun 20 2021
Owens Enterprises is in the process of determining its capital budget for the next fiscal year. The firm’s current capital structure, which it considers to be optimal, is...Mar 31 2020
The bond between subunits in macromolecules in living organism formed by Select one: lonic bond Monomers Fatty acid DehydrationMay 19 2021