Yung5hagger

11.05.2021 • 

Business

Directions: Based on class today use the following scenario to justify your decisions as a business owner. You are a business owner and your business changes often based on the seasons: In the summer you make a lot of money because the amount of customers you have and other times throughout the year, it is slower and does not need a lot of people. You have $200,000 for payroll in a year. Use the options below to decide how you want to pay the people that work for you. Make your decisions below You have to have 6 people on staff at all times and can hire up to 10 people. How many workers do you want to hire

Ответ:

katlynnschmolke

10.03.2021

Business

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A.Ordinary income of $25,000

Shares BJ 100,000

Property 75,000

Services fees 25,000

Explanation:

We adquire the company by performing this services, we can recognize them.

You must recognize ordinary income of $25,000 for services rendered to the corporation.

BJ will consider the 25,000 as compensation paid.

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