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marin [14]
3 years ago
8

How many times is income from a c corporation taxed if a retirement fund is the owner of the corporation's' stock?

Business
1 answer:
rusak2 [61]3 years ago
3 0
<span>The income from a C corporation owned by a retirement fund is taxed twice: once at the corporate level and another time at the retirees' level. The retirement fund isn't taxed on the earnings received, but those earnings are taxed to the retirees when they receive the benefits.</span>
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Blue Spruce Company had $152,600 of net income in 2016 when the selling price per unit was $153, the variable costs per unit wer
Sonbull [250]

Answer:

12098

13127

Explanation:

Net income = revenue -  total cost

revenue = price x unit sold

total cost = variable cost + fixed cost

variable cost = variable cost per unit x unit sold

unit sold is unknown, so it would be represented with a

$152,600 = $153a - ($93a + $573,300)

$152,600 = $153a - $93a - $573,300

Collect like terms and solve for a

a = 12,098

b. Net income in 2017 = $61,700 + $152,600 = 214,300

214,300 = $153a - $93a - $573,300

Collect like terms and solve for a

a = 13127

6 0
3 years ago
Fixed cost refers to: Group of answer choices the consideration exchanged for the ownership or use of a good or service. total e
Goryan [66]

Answer:

Expenses that are stable and do not change with the quantity of products that is produced and sold

Explanation:

Fixed cost refers to cost that do not change with the level of output. They are otherwise known as overheads or indirect costs and are expenses that are not dependent on the out level of produce by the business.

In addition, fixed cost are also cost that has to be incurred by the business independent of business activities.

Examples of fixed costs are rent, cost of business , loan payments, insurance premiums, salaries etc. All these do not vary with the level or number of units produced or sold.

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3 years ago
7) Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also ob
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Answer:

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Explanation:

8 0
3 years ago
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nikitadnepr [17]

comparative advantage theory is the answer

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3 years ago
The classic quote from the movie Field of Dreams, "If you build (produce] it
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The correct answer is A. Say's Law

Explanation:

Say's Law proposed by the economist Jean-Baptiste Say establishes the supply (availability of a product) or the production itself is the factor that creates demand (customers willing to buy the product). For example, the production of a new model of cellphone or computer makes people want to buy the new model. This idea is expressed by the quote "If you build (produce] it  they will come [purchase]" because in the quote it is explained the production of something make people go to buy that product.

6 0
3 years ago
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