Answer:
J1
Work - In - Process $4,800 (debit)
Raw Materials $4,800 (credit)
J2
Work - In - Process $7,900 (debit)
Salaries and Wages Payable $5,400 (credit)
Payroll taxes payable $2,500 (credit)
J3
Work - In - Process $2,700 (debit)
Utilities Payable $2,700 (credit)
Explanation:
All cost accumulations to be done in the Work - In - Process Account.
Answer:
a. What amount of taxable dividend income, if any, does Madison recognize in 2009?
Madison doesn't have to recognize any income because she is not getting any. Only after Madison decides to sell his stocks will he recognize any taxable income if she makes a gain.
b. What is Madison's income tax basis in her new and existing stock in Badger Corporation, assuming the distribution is non-taxable?
Madison current basis is $100 per stock, and after the stock dividend it will be $100 / 1.1 = $90.91 per stock
c. How would you answer questions a and b if Madison was offered the choice between 1 share of stock in Badger for each 10 shares she owned or $100 cash for each 10 shares she owned in Badger?
then the cash dividend would be $10 per stock, which results in $10 x 1,000 = $10,000 taxable income. Her basis in the stock will remain not change.
I dont really think there is a benefit.
Answer:
R=154.66941
Explanation:
the payment will be made monthly so we need to convert the 5.99% APR in to moths
Monthly Interest =5.99%/12 = 0.499%
Total payments = 60
Amount Borrowed = $8000
Rental = ?
Using the annuity formula = P=R*(1-(1+i )^-n ) / i
So we have = 8000=R*(1-(1+0.499%)^-60) / 0.499%
8000=R* (1-0.74181) / 0.499%
8000=R* 0.25818/ 0.499%
8000=R*51.72321
R=8000/51.72321
R=154.66941
Answers
1) Time
2) cost analysis or performance measurement.
Explanation
Earned value — it integrates cost, time and the work done (or scope) and can be used to forecast future performance and project completion dates and costs...
