Blossom corporation had net sales of $2,410,900 and interest revenue of $36,700 during 2017. expenses for 2017 were cost of goods sold $1,460,400, administrative expenses $218,600, selling expenses $286,400, and interest expense $50,800. blossom’s tax rate is 30%. the corporation had 105,200 shares of common stock authorized and 73,090 shares issued and outstanding during 2017. prepare a condensed multiple-step income statement for blossom corporation.

Asavings account that pays interest every 3 months is said to have a interest period

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.