bus_401_week_1__dq_1

Apr 8th, 2015
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Hi there.This document contains A+ work for the course BUS 401.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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Week 1, Discussion Question 1: From Chapters 1 and 2, complete Study Problems 1-2 (page 26) and 2-2 (page 58) and post the answers todiscussion board. Remember to complete all parts of the problems and report the results of your analysis. Do not forget to show the necessteps and explain how your attained that outcome. Respond to at least two of your classmates postings.L. B. Menielle, Inc. Corporate Income Tax$ 5,000,000Sales$ (2,000,000)Cost of Goods Sold$ 3,000,000Gross ProfitsOperating ExpensesTotal Operating expenseOperating IncomeInterest Income fromSecurities ownedDividend Income from Securities OwnedLess 70% ($25,000 x .70)Interest ExpenseTaxable Income$$ 25,000$ (17,500) $$Capital Gains and LossesSecurity Gain on SaleSecurity Loss on SaleNet Short-Term Gain (Loss)$$$Earnings Marginal Tax Rate Taxes7,500 $Rate$$(1,000,000)2,000,00

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