C:2‑3 Bruce and Bob organize Black LLC on May 10 of the current year. What is the entity’s default tax classification? Are any alternative classification(s) available? If so‚ (1) how do Bruce and Bob elect the alternative classification(s) and (2) what are the tax consequences of doing so? If Bruce and Bob are the only owners by default they will be billed as if they were a partnership. If they chose to‚ they could be taxed as an S Corp. The choice between the two is based on their expected income
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Net pay is gross pay minus deductions. Assume that deductions are taken for tax withholding (30 percent of gross pay) and parking ($10 per month). You will need the following variables: Analysis Process: 1. Display a program title. 2. Prompt for the Employee ID 3. Prompt for the Hourly rate. 4. Prompt for Regular hours. 5. Prompt Overtime hours. 6. Add net and subtract tax’s equal gross. 7. Divide tax to gross. 8. Display the net. Input: Item Employee
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Genesis One & Two Reflection Genesis 1:1‚ “In the beginning‚ God created the heavens and the earth.” Everyone knows this quote‚ and everyone understands the creation story‚ and how Genesis 1 explains it. But what the typical person might not know so well is Genesis 2‚ the second creation story. Or‚ the second account of creation. There is debate over why there are two separate creation stories that seem quite different. There are not actually two creation stories‚ just two accounts of the same
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add in profit. 4-1. Solution: Philip Morris Beginning cash $100‚000 – Asset buildup (250‚000) (1/2 × $500‚000) Profit 90‚000 (9% × $1‚000‚000) Ending cash ($60‚000) Deficit 2. Growth and financing (LO4) In Problem 1 if there had been no increase in sales and all other facts were the same‚ what would Philip’s ending cash balance be? What lesson do the examples in Problems 1 and 2 illustrate? 4-2. Solution: Philip Morris (continued) Beginning cash $100‚000 No asset buildup ----- Profit 45‚000
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1) Net velocity = 3 cos 55°= 1.72‚ 3 sin 55°-2 = .46 1.72 + .46 = 1.78 m/s Direction traveled will be 14.97° NW. 2) Total distance from you: √50km2 + 2.1km2 + 1.5km2 = 50.067 km from you. Relation to x-axis: = 90° + arccos(2.1/50.067) = 177.59° Relation to y-axis: = arccos(1.5/50.067) = 88.28° 3) Horozontal distance covered is 0+ 1100 * 0.32 = 352m traveled horizontally Vertical distance traveled is -1/2(-9.8)(.32)2 = .502 m traveled vertically 4) If he is 8m from the pool edge and 20m
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Learning Team B Weekly Reflection (week 5) LAW/421 20 August 2013 Learning Team B Weekly Reflection (week 5) Lately‚ learning team members conferred the ins-and-outs of contracts‚ most notably business contracts. Team B discussions [might have] exposed testimonies indicating members direct/indirect association to contracts. Maybe a favorite basketball player just signed one. There might have been member(s) with breaching practice. Still just‚ maybe a Team B member even signed
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Summary of Self-Assessment Outcomes In this assignment‚ you will be creating a list of your skills‚ values and personality traits. Be sure to use the text material and lectures to assist you with completing the assignment. Step 1: Skills Assessment Indicate five transferable skills you have to offer to an employer. A list of transferable skills is found in our text book on pages 30-31. Feel free to search the Internet for additional lists. After listing the skill‚ briefly explain through
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29. In fiscal year 2011‚ Starbucks Corporation (SBUX) had revenue of $11.70 billion‚ gross profit of $6.75 billion‚ and net income of $1.25 billion. Peet’s Coffee and Tea (PEET) had revenue of $372 million‚ gross profit of $72.7 million‚ and net income of $17.8 million. a. Compare the gross margins for Starbucks and Peet’s. Gross Marin = Gross Profit/Sales (Page 35) Starbucks: ($6.75 gross profit / $11.70 sales) = 0.57692 x 100 = 58% GM Peet’s: ($72.7 gross profit / $ 372 sales) = 0.19543 x
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Hitakomate 578 20108 26 Pattarin Ha-upala 578 20200 26 Salila Junsuriyapong 578 21144 26 Supattana Srisalaui 578 21282 26 2601633 Advanced Managerial Accounting and Cost Management Semester 2 Academic Year 2014 Executive Summary This report provides an analysis and evaluation of the cost system of The Co-operative Bank. Method of analysis is Internal Environment analysis. As the regulation had been more relaxed in the bank industry‚ cost
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PT1420 Introduction to Programming Name: Homework 2 Ch. 2: Short Answer 1-3 (10 points) 1. What does a professional programmer usually do first to gain an understanding of a problem? The first thing a professional programmer will usually do to gain the understanding of a problem is to work directly with‚ and interview the customer. 2. What is pseudocode? Pseudocode is an informal language that has no syntax rules‚ and is not meant to be compiled or executed. 3. Computer programs
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