Business, 17.12.2019 03:31 AniyaT05

Andrea would like to organize sho as either an llc (taxed as a sole proprietorship) or a c corporation. in either form, the entity is expected to generate an 9 percent annual before-tax return on a $560,000 investment. andrea’s marginal income tax rate is 35 percent and her tax rate on dividends and capital gains is 15 percent. andrea will also pay a 3.8 percent net investment income tax on dividends and capital gains she recognizes. if andrea organizes sho as an llc, andrea will be required to pay an additional 2.9 percent for self-employment tax and an additional 0.9 percent for the additional medicare tax. further, she is eligible to claim the full deduction for qualified business income. assume that sho will pay out all of its after-tax earnings every year as a dividend if it is formed as a c corporation. (do not round intermediate calculations and round your final answers to the nearest whole dollar.)how much cash after taxes would andrea receive from her investment in the first year if sho is organized as either an llc or a c corporation?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 07:30

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

Answers: 3

Answer

Business, 22.06.2019 15:40

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.

Answers: 2

Answer

Business, 22.06.2019 20:40

Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen

Answers: 1

Answer

Business, 22.06.2019 22:10

Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800

Answers: 1

Answer

You know the right answer?

Andrea would like to organize sho as either an llc (taxed as a sole proprietorship) or a c corporati...

Questions