Which of the following is true of S Corporations?

They must use accrual accounting methods,

They may have up to 200 shareholders.

They aren't required to file articles of incorporation,

They're only subject to one level of federal taxation

If you have $2,500 to invest and need to withdraw $4,430 at some time in the future, what is the minimum number of whole years to leave the money invested at 5 percent?

On February 1, 2021, Miter Corp. lends cash and accepts a $4,100 note receivable that offers 18% interest and is due in six months. How much interest revenue will Miter Corp. report during 2021

What kinds of unemployment is Naomi experiencing if she has a degree in a field that is experiencing a great deal of growth at the moment but is having a difficult time finding work because she just moved to a new city and does not know anyone yet?

Laura is a gourmet chef who runs a small catering business in a competitive industry. laura specializes in making wedding cakes. laura sells 20 wedding cakes per month. her monthly total revenue is $5,000 and her average variable costs are $180.

Mountain High Ice Cream Company transferred $60,000 of accounts receivable to the Prudential Bank. The transfer was made without recourse. Prudential remits 90% of the factored amount to Mountain High and retains 10%.

Nareen is single, 68 years old, and reports the following in 2018: a. $12,000 alimony received (divorced in 2010) b. $82,520 Schedule C profit c. $3,500 SEP (self-employed pension) plan contribution d. $7,150 qualified dividends e.

Sun Inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2007. What is the annual dividend on the preferred stock? a. $60 per shareb. $30,000 in totalc.

a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.

n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.

Some interview questions are designed to rattle you to see how you deal with stress. True or false.