Answer:
Tax brackets show you the tax rate you will pay on each portion of your income
Answer:
Yes, because it is an investment of money in a common enterprise and the investors expect profit from the efforts of others.
Explanation:
In the case when the investor would received the shares of the companies and that should be funded on the website of crown funding so this would be considered as securities as this a money investment that to be made in a common enterprise also the investor expected the profit. In addition to this, the SEC permits the equity crowdfunding with effective from May 2016
Therefore the first option is correct
Answer:
Corporation
Explanation:
The stockholders of then firm want to start a Corporation ,
Corporation -
It is the group of people or an organisation , which is authorized by the state
as a single association .
The stockholders want to start a steel company , but have limited liability . Hence ,
They started the process after the completion of the plan , and payed the fees to the state government .
Answer:
The budgeted ending balance of cash for the month of April is $36,000
Explanation:
Ending balance of cash = Cash balance at beginning of April + Expected cash receipt - (Salary paid + Material purchases + Other expenses)
= $16,000 + $272,000 - ($62,000 + $94,000 + $96,000)
= $288,000 - $252,000
= $36,000
Note: Depreciation is non- cash expense so it will not be considered while computing the cash balance at the end of the month.
Answer: $42000
Explanation:
Saginaw's foreign tax credit on its 2018 tax return will be calculated thus:
= Foreign source taxable income × precredit U.S tax/Taxable income
= 200000 × 105000/500000
= 200000 × 0.21
= 42000
Therefore, the foreign tax credit will be the least between $60,000 paid to the German government or $42000. In this case, the answer is $42000
