Answer:
c.$52,671
Explanation:
The computation of the cash proceeds to chang co is shown below;
But before that, we have to find the interest which is
= Issued amount × discount rate × number of days ÷ total number of days in a year
= $54,300 × 9% × 120 days ÷ 360 days
= $1,629
Now the cash proceeds are
= Issued amount - interest amount
= $54,300 - $1,629
= $52,671
hence, the correct option is c.
I’m pretty sure the answer is a. commission
Answer:
absolutely true they keeps increasing
Answer:
$7.15
Explanation:
Calculation for Other The cost of wages and salaries and other overhead that would be charged to each bouquet made is:
Wages and salaries charged to each bouquet produced = (60%*$180,000)+(50%*$70,000)/20,000 bouquet
Wages and salaries charged to each bouquet produced = $108,000+$35,000/20,000 bouquet
Wages and salaries charged to each bouquet produced = $143,000/20,000 bouquet
Wages and salaries charged to each bouquet produced = $7.15
Therefore The cost of wages and salaries and other overhead that would be charged to each bouquet made is:$7.15
Solution :
In the context, the relevant tax issues are :
1. The transfer to be subjected to tax deferred treatment under 351. It is a tax issue for transaction.
2. Kathleen receives stock in the exchange of the property transferred.
3. Receipt of the stock that is a gift from her mother is a relevant tax issue.
4. If Kathleen is not the transferor of the property and Kathleen receives the stock from the corporation, the transaction will be qualify as non taxable under 351.
5. Stocks received by Kathleen and Nancy is a taxable and so it is relevant to the tax issue.
6. The property in the hands of a corporation is always a tax issue.
7. The deductions that is allowed when the transfer of the stock for the rendering services for Kathleen.
8. The transfer of the stock is considered as gift to Kathleen by Nancy is a taxable transaction, so it is a relevant tax issue.
