Dan has a water treatment business in Pennsylvania, which is a separate reporting state. He is considering purchasing another water treatment entity in New York, which is a unitary reporting state, and establishing a headquarters in one of the two states. Each will operate as a separate legal entity with a physical presence in both states, but will benefit from shared management, expertise, and volume discounts due to the combined purchasing power of both entities. Discuss the advantages and disadvantages of establishing a headquarters in New York, instead of Pennsylvania, from the perspective of filing state tax returns. Is one state better than another from this perspective

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?