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3 years ago

Which of these measures is (are) frequently used to rate suppliers when using an integrated supplier scorecard?

1 answer:

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When evaluating a supplier using the integrated supplier scorecard, most are reevaluated on quality of their products, cost of the product, how quickly the items are able to be deviled and the flexibility the supplier has when the organization needs supplies. The scorecards allow the company to make sure they are doing and receiving the best items from their suppliers on each different level.

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An IRS category of corporation that is treated like a partnership for tax purposes, avoiding taxation of corporate profits and s

jok3333 [9.3K]

An IRS category of corporation that is treated like a partnership for tax purposes, avoiding taxation of corporate profits and subsequent taxation of dividends to shareholders ,is called a(double taxation)S corporations.

<h3>What Is an S Corporation?</h3>

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income. S corporations are responsible for tax on certain built-in gains and passive income at the entity level.

To be an S Corporation, your business first needs to be set up as a corporation by filling and submitting documents like the Articles of Incorporation or Certificate of incorporation to the appropriate government authority, along with the applicable fee.

Learn more about S Corporation on:

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2 years ago

g Question 3 At Springfield, the engraving department is a bottleneck, and the company is considering hiring an extra worker, wh

erastovalidia [21]

Answer:

The net income will increase by $15,340 due to hiring of extra worker.

Explanation:

Salary of extra worker = $55,577

Extra production = 7,700 units

Selling price per unit = $13

Direct material per unit = $2.56

Direct labor per unit = $1.00

Variable overhead per unit = $0.23

Fixed overhead = $3.90. Due to extra production, fixed overhead will not increase.

Particulars Amount

Sales revenue (7,700 * 13) $100,100

Expenses:

Direct material (7,700 * $2.56) -$19,712

Direct labor (7,700 * $1.00) -$7,700

Variable overhead (7,700* 0.23) -$1,771

Salary of extra worker <u>-$55,577 </u>

Net income <u>$15,340</u>

Thus, due to hiring of extra worker net income income will increase by $15,340

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3 years ago

Which of the following statements about bribery is most accurate? Question 49 options: Bribes, kickbacks, and payoffs offered to

Greeley [361]

Answer:

It is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.

Explanation:

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3 years ago

Mortgages, loans taken to purchase a property, involve regular payments at fixed intervals and are treated as reverse annuities.

Marianna [84]

Answer: b

Explanation:

500 000*12% = 60 000\12

5000

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3 years ago

A benefit of earning an hourly wage instead of a salary is

Ilya [14]

You get pad by the hour but may make more <span />

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3 years ago

Read 2 more answers