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During 2012 H had earnings from self-employment of $50,000 and wages of $78,000 from employer X. Employer X withheld and paid that appropriate amount of FICA taxes on H's wages. Compute H's self employment tax liability for 2012. What is the amount of H's income tax deduction for the self-employment taxes paid? Assume the temporary reduction in FICA tax for 2011 was not extended for 012.
the zombie corporations common stock has a beta of 1.7. if the risk-free rate is 4.8 percent and the expected return on
problema. why is measurement in the context of accounting so important?b. why has measurement become such a
arreaga corp. has a tax rate of 40 percent and income before non-operating items of 928000. it also has the following
these last two questions are giving me trouble. if anyone has any help to give me i would truly appreciate it.exercise
The Omega Corporation sells property during the year that results in the following gains and losses: Compute the resulting increase or decrease in Omega's taxable income. Explain each step.
King Pin issues $1,000,000 0f 12%. 10 year bonds that are dated Jan. 1, 2009. The first interest payment is due June 30, 2009 (Hint: interest is paid semi-annually). Record the issuance of the bonds and the first interest payment for each situation.
The practice of reporting the net realizable value of receivables in the financial statements is commonly called:
d is the sole shareholder of a corporation and e owns a sole proprietorship. both businesses which were started in the
bozeman sold equiptment that it uses in its business for 80000. bozenman bought the equiptment two years ago for
What assumptions are inherent in cost volume-profit analysis? Since these assumptions are usually not wholly valid, why do managers still use the analysis in decision making?
jim shoe chief executive officer of jolsen international a multinational textile conglomerate has recently been
which of the following best describes a possible result of treasury stock transactions by a corporation?a.may increase
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