Business, 18.12.2019 02:31 kehrieheb9526

Andrea would like to organize sho as either an llc (taxed as a sole proprietorship) or a c corporation. in either form, the entity is expected to generate an 13 percent annual before-tax return on a $680,000 investment. andrea’s marginal income tax rate is 35 percent and her tax rate on dividends and capital gains is 15 percent. andrea will also pay a 3.8 percent net investment income tax on dividends and capital gains she recognizes. if andrea organizes sho as an llc, andrea will be required to pay an additional 2.9 percent for self-employment tax and an additional 0.9 percent for the additional medicare tax. further, she is eligible to claim the full deduction for qualified business income. assume that sho will pay out all of its after-tax earnings every year as a dividend if it is formed as a c corporation. (do not round intermediate calculations and round your final answers to the nearest whole dollar.)

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:30

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

Answers: 3

Answer

Business, 22.06.2019 20:00

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?

Answers: 2

Answer

Business, 22.06.2019 21:30

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Answers: 1

Answer

Business, 22.06.2019 23:10

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?

Answers: 2

Answer

You know the right answer?

Andrea would like to organize sho as either an llc (taxed as a sole proprietorship) or a c corporati...

Questions