Answer:
The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250
The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns
Explanation:
FIFO Value/basis =$650000
LIFO value/basis =$510000
Difference =$140000
35% Tax =$140000*35% = $49000
The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250
The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns
Answer:
Units to be produced will be 540
So option (a) will be the correct answer
Explanation:
We have given number of units sold = 500 units
Beginning inventory is given = 60 units
And ending Inventory= 100 units
We have to find units to be produced
Units to be produced is given by
Units to be Produced= Ending Inventory + Units to be Sold - Beginning Inventory = 500 + 100 - 60 = 540 units
So 540 units are produced
So option (a) will be the correct answer
Answer:
c. The array of forces attaching people to their jobs.
Explanation:
Job embeddedness is a study of employee retention. It focuses on all the forces and factors that retain an employee on the job. The theory identifies critical elements that determine a connection between an employee and their job.
These elements are Fit, Links and Sacrifice.
Fit is how the employee perceives their own compatibility with the job. Links are the number of connections the employee has in the working community. Sacrifice is the loss of potential benefits, in monetary terms or psychological, when the connections with the social community are broken.
Hope that helps.
Answer:
$76,440
Explanation:
Calculation to determine the proper amount of net income as of December 31, 2018
Net income $87,000
Less Adjusted for insurance ($4,050)
($16,200*3/12)
Less Adjusted for deferred income ($2,700)
Less Adjusted for supplies ($2,100)
Less Adjusted for interest ($1,710)
($57,000*9%*4/12)
Net income (Adjusted) $76,440
Therefore The the proper amount of net income as of December 31, 2018 will be $76,440
