alpha associates was organized on january 1, year 1. alpha was organized as a corporation. alpha reported $200,000 of before tax income during year 1 and paid a $30,000 cash dividend to its stockholders. assuming a corporate income tax rate of 30% and a personal income tax rate of 15%, the total amount of tax collected by the government is

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

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