User Account

All Pages

What is blue inc excess net passive income

Assignment Help Accounting Basics
Reference no: EM133168974

Question - Blue, Inc. is an S Corporation that has earnings and profits from prior years when it was a C corporation. In the current year, Blue, Inc. has $200,000 of sales, $150,000 of cost of goods sold, $60,000 of interest income, and $40,000 of dividends. What is Blue, Inc.'s excess net passive income?

A. $0

B. $25,000

C. $75,000

D. $100,000

Reference no: EM133168974

Questions Cloud

Controlled by the system administrator : What settings should you allow users to change, and what settings should be controlled by the system administrator? What are the advantages and disadvantages?
Determine the zippy chip taxable income : Zippy Chip has a $10,000 long-term capital gain and a $17,000 short-term capital loss. Determine the Zippy Chip's taxable income
Cybersecurity software : During job interviews, employers often ask if you are familiar with cybersecurity software. Describe the process to install, set up, and configure the tool you
Differences between direct and indirect costs : Explain the differences between direct and indirect costs. In addition, discuss why these costs are important to determine the return on assets
What is blue inc excess net passive income : Blue, Inc. is an S Corporation that has earnings and profits from prior years when it was a C corporation. What is Blue Inc excess net passive income
What is the additional operating income : Company B offers to buy an additional 19,000 toys but is only willing to pay $8 per toy. What is the additional operating income (loss) of accepting the offer
What is the impact of the identified errors : Show the impact of the analysis you have performed within task 3 on the materiality. What is the impact of the identified errors
What is the internal rate of return on the investment : Burgundy is contemplating what for the company is an average-risk investment costing $38 million. What is the internal rate of return on the investment
Relationship between CIRT plan and risk management : Discuss the relationship between a CIRT plan and risk management. Describe the purpose and primary elements of a CIRT plan.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd