Answer:
Explanation:
Dr Cash $6100000
Dr Discount on notes Payable $1933620
Cr Notes Payable $6100000
Cr Unearned Revenue $1933620
Discount on Notes Payable :
n=4
FV =6100000
I = 10%
PV= $6100000 - ($6100000 * PVIF)
= $6100000 - ($6100000 * 0.68301) = $4166382
Answer: $37.5 million
Explanation:
The next year's net income for XYZ will be calculated as follows:
Current sales = $300 million
Current Profit margin = 10%
Sales Growth rate = 25%
The next year's sales will be:
= Current Year's Sales × (1 + Sales Growth rate)
= $300 million × (1 + 0.25)
= $300 million × 1.25
= $375 million
Next Year's Net Income will then be:
= $375 million × 10%
= $37.5 million
Answer:
Having a partnership as a shareholder.
Explanation:
An S corporation or an S sub-chapter is a small business corporation that has been allowed by the Internal Revenue Services(IRS) to file its tax as a corporation. IRS recognizes an S corporation as a legal form of business ownership. An S corporation may elect to pass its income and losses deductions directly to the shareholders for federal tax purposes.
For a small business corporation to qualify as an S corporation, it must meet specific requirements. Some of the requirements include
- Shareholders should be individuals, certain trusts, estates, and specific exempt organizations. Shareholders can not be corporations or partnerships.
- Shareholders must be US residents or citizens
- The Entity should not have more than 100 shareholders.
Answer:
a customer will realize when he purchases the product or service
Let's say that a severe and protracted recession leads some job seekers to give up on their attempts because they think there are no jobs accessible for them. These people are referred to as: Discouraged.
Discouraged by continuous failure: dishearten was deprived of courage or confidence. to undermine an effort to reduce absenteeism by impeding it. sought to discourage her from going, or to try and prevent someone from doing something. to get demoralized Discouragement is the act of trying to persuade someone not to do something. One way to discourage someone is to list all the reasons they shouldn't purchase a new car.
Learn more about Discouraged here.
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