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 ​.)

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

Which of the following would be an accurate statement about achieving a balanced budget

Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?