Matulis, Inc., a calendar year C corporation, owns a single asset with a basis of $325,000 and a fair market value of $800,000. Matulis holds a positive E & P balance. The entity elects S corporation status for 2020 and then sells the asset. Compute the corporate-level built-in gains tax that must be paid by Matulis.
In: Accounting
what does a primary key and foreign key relates to?
Which drive does a magnet damage the most
what the Raid differences ?
what a NIC does
what is NAS and what's it used for and how it can be used in a network setting
which device has a built in antenna
what RF is used for (Radio Frequency )
In: Computer Science
In the discussion preparation, you were asked to analyze the major connections between liability of professionals, insurance policy coverage, and settlement of claims due to health care liability issues. Consider the concept of insurance coverage denial. Ascertain the manner in which such denial is built on the limitation clauses and conditions set forth by the insurance provider.
In: Nursing
the great wall of china what did how learn about this structure that was a surprise to you or resonated with you about building relationships in the workplace did the people who built this wall have to work together are there any lessons to be learned about building relationships across philosophical divides(differing world views) in the workplace?
In: Psychology
You are currently working as a Senior Economist for the Congressional Budget Office in Washington DC making $108,000 per year.
Your lifelong ambition, however, has been to open your own cupcake store. You decide to quit your job as an economist to open your dream store near the River Walk in San Antonio.
You estimate that you will be able to sell 10,000 cupcakes per month at a price of $3.40 per cupcake.
You will have to pay monthly rent of $5,000 for renting the retail space and will have other cash costs of $2,500 per month (utilities etc.). The ingredients will cost you $2.00 per cupcake.
(3 points) Calculate total explicit costs (monthly)
In: Economics
Marie and Alex just paid $250,000 for a house. They made a down payment of $50,000 and assumed a 30-year $200,000 mortgage with a fixed annual interest rate of 5.50%. The house will serve as a residence for several years, but Marie and Alex also view it as an investment, as property values in the neighborhood are projected to increase at a rate of 5% per year in the near future. Property taxes on their home will be $4,236 the first year and are expected to increase 3% a year. Homeowners insurance will cost $632 the first year and is expected to increase at a rate of 2% each year. The couple plans to sell the house after eight years. Answer the following questions.
1. What is their monthly payment on principle and interest? Do not include property taxes or home owners insurance (AKA. escrow payment).
2. What would the couple pay in monthly payments over the 8 years that they owned the house?
In: Finance
You are currently working as a Senior Economist for the Congressional Budget Office in Washington DC making $108,000 per year. Your lifelong ambition, however, has been to open your own cupcake store. You decide to quit your job as an economist to open your dream store near the River Walk in San Antonio. You estimate that you will be able to sell 10,000 cupcakes per month at a price of $3.40 per cupcake. You will have to pay monthly rent of $5,000 for renting the retail space and will have other cash costs of $2,500 per month (utilities etc.). The ingredients will cost you $2.00 per cupcake. (3 points) Calculate monthly accounting profits (3 points) Calculate monthly economic profits (3 points) Would an economist recommend that you start this business? Why or Why not?
In: Economics
In the previous units, we learned about basic accounting principles that generally apply to all types of firms. In this unit, we turn our attention to particular accounting concerns of merchant firms.
Because merchants are in many places among the most common type of business, and because there are special issues in accounting for merchandising operations, this subject merits special consideration.
No doubt all of you have merchants in the area where you live, you may often shop there, perhaps some of you may have even worked in a merchant shop. Think of a popular merchant near you. What type of merchandise do they stock? How do you think this merchant determines his or her cost of goods sold? Describe the method and "real" accounts.
250 words or more (must be original no copy paste)
In: Accounting
RBC Royal Bank wanted to evaluate the financial value of its substantial personal customer base to determine which type of customers were the most valuable to the bank. To do this, the bank looked at revenues and expenses from each of its financial products, including loans and credit card usage. To identify and then analyze this information, the bank utilized the MIS analysis technique called ________.
Select one:
a. Data warehousing
b. Marketing research
c. Probability sampling
d. Data mining
e. Market basket analyzing
Through ________, a firm tries to guarantee that its brand will appear at or near the top of lists of typical search phrases related to its business.
Select one or more:
a. Cost per impression pricing
b. Conversion rates
c. Search engine optimization
d. Search engine analytics
e. Predictive analytics
In: Finance
Sheridan provides shuttle service between four hotels near a medical center and an international airport. Sheridan uses two 10-passenger vans to offer 12 round trips per day. A recent month’s activity in the form of a cost-volume-profit income statement is shown below. Sales (1,470 passengers) $41,160 Variable costs Fuel $5,762 Tolls and parking 3,544 Maintenance 984 10,290 Contribution margin 30,870 Fixed costs Salaries 13,100 Depreciation 1,400 Insurance 1,250 15,750 Net income $15,120 (a1) Calculate the break-even point in dollars. Break-even point $ eTextbook and Media (a2) Calculate the break-even point in number of passengers. Break-even point passengers eTextbook and Media (b) Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point $
In: Accounting