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Juliette [100K]
2 years ago
10

North Inc. is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the follow

ing bonuses for certain employees for financial accounting purposes.
$7,500 for Lisa Tanaka, a 30 percent shareholder.
$10,000 for Jared Zabaski, a 35 percent shareholder.
$12,500 for Helen Talanian, a 20 percent shareholder.
$5,000 for Steve Nielson, a 0 percent shareholder.

Unless stated otherwise, assume these shareholders are unrelated.

How much of the accrued bonuses can North Inc. deduct in year 1 under the following alternative scenarios?
a. North paid the bonuses to the employees on March 1 of year 2.
b. North paid the bonuses to the employees on April 1 of year 2.
c. North paid the bonuses to employees on March 1 of year 2 and Lisa and Jared are related to each other, so they are treated as owning each other's stock in North.
d. North paid the bonuses to employees on March 1 of year 2 and Lisa and Helen are related to each other, so they are treated as owning each other's stock in North.
Business
1 answer:
kvv77 [185]2 years ago
6 0

Answer:

;l'l;';l/

Explanation:l;';l'l;'

fdgbfv bhj,/..,iuxklmn jk

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EastWind [94]

Answer:

The correct answer is b. chain of command

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3 years ago
Read the sentence.
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Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c
kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0
3 years ago
Kailey James Company is evaluating a capital expenditure proposal that requires an initial investment of $14,900, has predicted
marishachu [46]

Answer:

Year      Cashflow     [email protected]%      PV

                  $                                  $

0             (14,900)          1            (14,900)

1-12          4,000          5.6603    <u>22,640</u>

                                   NPV        <u> 7,740</u>

                                                                                                                                   

Explanation:

In this respect, we need to calculate the discount factor of annual cash  inflows for 12 years at 14 discount rate. For this purpose, present value annuity interest factor will be used since the cash inflows are constant. Then, we will multiply the annual cashflows  by the discount factor so as to obtain the present value of cash inflows. Then, we will deduct the initial outlay from the present value of cash inflows  in order to obtain the net present value of the proposal.  

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The answer is<u> "variable interval.</u>


In operant conditioning, a variable-interval schedule is a schedule of reinforcement where a reaction is remunerated after a capricious measure of time has passed. This timetable creates a moderate, unfaltering rate of reaction.  

To see how a variable-interval schedule functions, we should begin by investigating the term itself. Schedule alludes to the rate of support conveyance, or how much of the time the fortification is given. Variable demonstrates that this planning isn't reliable and may fluctuate starting with one preliminary then onto the next. At last, interim implies that conveyance is controlled by time. In this way, a variable-interval schedule implies that support is conveyed at different and erratic intervals of time.

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3 years ago
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