Assume that computers are a normal good. how will an increase in buyers' incomes impact the market for computers?

James jones is the owner of a small retail business operated as a sole proprietorship. during 2017, his business recorded the following items of income and expense: revenue from inventory sales $ 147,000 cost of goods sold 33,500 business license tax 2,400 rent on retail space 42,000 supplies 15,000 wages paid to employees 22,000 payroll taxes 1,700 utilities 3,600 compute taxable income attributable to the sole proprietorship by completing schedule c to be included in james’s 2017 form 1040. compute self-employment tax payable on the earnings of james’s sole proprietorship by completing a 2017 schedule se, form 1040. assume your answers to parts a and b are the same for 2018. further assume that james's business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable property. calculate james's 2018 section 199a deduction.

Force within an organization's control that has an impact on the business's daily operations?

Given the following items and costs as of the balance sheet date, determine the value of faltron company's merchandise inventory. - $1,000 goods sold by faltron to another company. the goods are in transit and shipping terms are fob destination. - $2,000 goods sold by another company to faltron. the goods are in transit and shipping terms are fob destination. - $3,000 owned by faltron but in the possession of another company the consignee. - damaged goods owned by faltron which originally cost $4,000 but which now have a $500 net realizable value