North inc. is a calendar-year c corporation, accrual-basis taxpayer. at the end of year 1, north accrued and deducted the
following bonuses for certain employees for financial accounting purposes.
• s7,500 for lisa tanaka, a 30 percent shareholder.
• sio, ooo for jared zabaski, a 35 percent shareholder.
• s12,500 for helen talanian, a 20 percent shareholder.
• s5,ooo for steve nielson, a o percent shareholder.
unless stated otherwise, assume these shareholders are unrelated. how much of the accrued bonuses can north inc.
deduct in year 1 under the following alternative scenarios?
a) north paid the bonuses to the employees on march 1 of year 2.
b) north paid the bonuses to the employees on april 1 of year 2.
c) north paid the bonuses to employees on march 1 of year 2 and lisa and jared are related to each other, so they are treated as owning each other's stock in north.
d) north paid the bonuses to employees on march 1 of year 2 and lisa and helen are related to each other, so they are treated as owning each other's stock in north.

Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?