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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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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Running Head: Team Dynamics and Conflict Resolutions in Work Teams Team Dynamics and Conflict Resolutions in Work Teams By Laura Gilfillan‚ Robyn Hatch‚ and Jorge Rodriguez The workplace; a place were many people coexist for at least eight hours a day‚ usually for five days a week. The workplace can be a fun environment‚ a hellish pit or somewhere in the middle of the two. Naturally‚ if every coworker likes‚ or even loves his or her job‚ it makes for a comfortable environment for everyone
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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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Week 2 Progress Report We as a learning team are progressing well through the assignment. Each member took on a different topic that needs to be addressed in the final project. We are each starting our sections of the final project. Each team member will be completing two pages each for the final project. We are right on track for the final weeks team assignment. Also‚ for the final team presentation each of the team members will complete two slides each to be collaborated for the final presentation
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the distribution below Y =1 X = 5000 X = 10‚ 000 X = 15‚ 000 0 1/8 1/3 Y =0 1/4 1/8 1/6 (1) 2. Suppose E[X] = 1 and E[Y ] = 2 and suppose X and Y are independent. Evaluate: a) E[2X + 1] b) E[X + Y ] c) E[X − 2Y ] d) E[XY + 1] 3. Suppose V ar[X] = 2‚ V ar[Y ] = 1‚ Cov[X‚ Y ] = 0. Evaluate: a) V ar[X + 2Y ] b) V ar[X − Y ] c) Cov[2X − Y‚ X − 1] n i=1 [Xi 4. Suppose c) n i=1 Xi = 2 and + 2] n i=1 Yi = 3. Evaluate: a) n i=1 [Xi +
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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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ABC System in Super Bakery Inc. (Introduction) – What strategies did the management of Super Bakery‚ Inc. use? Installation of the Activity-Based Costing System Super Bakery was formed in the 1980’s during a time when the barrier to entry into the baked goods industry was limited. They started the company using the industry’s standards and following them very strictly. The first four years of Super Bakery were not profitable and management knew they had to make changes so the company could
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