Answer:
C
Explanation:
wise use of our resources
The capital i think if not idk
Answer: True.
Explanation:
The second type of Class A Common Stock is founders shares with superior voting rights to “ordinary” common stock. For example, the Class A Common Stock could get two (or more) votes for every share or could have one or more seats on the company’s board of directors allocated to the founders holding Class A Common Stock
Answer:
Under the cash method Dwan-Com has a net taxable loss of $200 as computed below.
Under the accrual method Dwan-Com has a taxable income of $6000.
The appropriate method to be chosen by Dwan-Com is a function of perception:
From a cash flow point of view,it would be advisable to choose cash method since that results in no payment of taxes now .
On other hand,when looking at tax minimization strategy, it is more preferable to choose accrual method as that method leads to lower taxes overall.
Explanation:
Cash Method $
Cash received 40000
Cash paid:
Supplies (2200)
Labor costs (38000)
Net tax loss (200)
Accrual Method $
Revenue 50,000
Expenses incurred:
Supplies (3000)
Labor costs (41000)
Taxable income 6000
