In the long-term liabilities section of its balance sheet at december 31, 2003, mene co. reported a capital lease obligation of $75,000, net of current portion of $1,364. payments of $9,000 were made on both january 2, 2004 and january 2, 2005. mene's incremental borrowing rate on the date of the lease was 11%, and the lessor's implicit rate, which was known to mene, was 10%.in its december 31, 2004 balance sheet, what amount should mene report as capital lease obligation, net of current portion? a. $66,000b. $73,500c. $73,636d. $74,250

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .

Which of the following best describes why you need to establish goals for your program?

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.