Using the information below, calculate net income for the period. Sales revenues for the period $1,304,000Operating expenses for the period $239,000Finished Goods Inventory, January 1 36,000Finished Goods Inventory, December 31 41,000Cost of goods manufactured for the period $540,000A-$774,000.B-$769,000.C-$53 0,000.D-$535,000.E-$448,000.

What two things do you consider when evaluating the time value of money

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?