Answer:
The answer is: B) C corporation, $90,000 taxable income; S corporation, $100,000 ordinary business income; remaining items are separately stated.
Explanation:
Contributions to charity made by an S Corporation are not tax deductible anymore since the changes made by the Tax Cuts and Jobs Act of 2017.
A C Corporation can deduct charitable contributions that amount up to 10% of its taxable income. In this case, the taxable income was $100,000, so 10% equals $10,000.
Answer:
$222,967
Explanation:
Calculation of How much of the proceeds would be allocated to the common stock
First step
[(10,200 shares× $25 per share Fair value )÷
(10,200 shares × $25 per share Fair value+14,000 shares×$25 per share Fair value)]×$529,000
Second Step
($255,000÷$255,000+$350,000)× $529,000
Third step
($255,000÷$605,000)×$529,000
Fourth step
0.421487×529,000
=$222,967
Therefore the amount of the proceeds that would be allocated to the common stock will be $222,967.
Answer:
The correct answer is letter "A": Determining other purchase decision influencers.
Explanation:
Sales are variable and require salespeople to adapt their speeches to their potential costumers. It is important to know in-deep the features of the product or service offered but that is not enough. Most sales are processed because of good closing strategies. There is when the sellers create a need for the product and convince consumers they must acquire whatever the salesperson is offering.
Thus, <em>Craig should focus on other aspects of his sales strategy rather than only the technical features</em>.
Answer:
The correct words, that fills the gaps are: driving force, competitive
Explanation:
Even when it is important to judge what stage of growth an industry is in, it is better to identify the factors that cause fundamental adjustments in the industry and competition. Industry conditions and competition change because forces are in motion that create incentives or pressures for change. The dominant forces are known as driving forces, because they have the greatest influence on the kind of changes that will take place in the structures and environment of the industry.
First-line managers most likely have (d). a more narrow span of control than top-level managers. First line managers directly supervise non-managerial workers and employees who are assigned and who belong to a specific field of work or duty. These first-line managers are the ones that manage them, thus having a more narrow span of control compared to the managers at the top of the hierarchy.