Interest versus dividend income during the year just ended, shering distributors, inc., had pretax earnings from operations of $490,000. in addition, during the year it received $20,000 in income from interest on bonds it held in zig manufacturing and received $20,000 in income from dividends on its 5% common stock holding in tank industries, inc. shering is in the 40% tax bracket and is eligible for a 70% dividend exclusion on its tank industries stock?
a. calculate the firmâs tax on its operating earnings only.
b. find the tax and the after-tax amount attributable to the interest income from zig manufacturing bonds.
c. find the tax and the after-tax amount attributable to the dividend income from the tank industries, inc., common stock.
d. compare, contrast, and discuss the after-tax amounts resulting from the interest income and dividend income calculated in parts b and c.
e. what is the firmâs total tax liability for the year?

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

What talent or skill do u wish too develop for yourself