Interest versus dividend income during the year just ended, shering distributors, inc., had pretax earnings from operations of $490,000. in addition, during the year it received $20,000 in income from interest on bonds it held in zig manufacturing and received $20,000 in income from dividends on its 5% common stock holding in tank industries, inc. shering is in the 40% tax bracket and is eligible for a 70% dividend exclusion on its tank industries stock?
a. calculate the firmâs tax on its operating earnings only.
b. find the tax and the after-tax amount attributable to the interest income from zig manufacturing bonds.
c. find the tax and the after-tax amount attributable to the dividend income from the tank industries, inc., common stock.
d. compare, contrast, and discuss the after-tax amounts resulting from the interest income and dividend income calculated in parts b and c.
e. what is the firmâs total tax liability for the year?

John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:

Identify the three components of a family's culture and provide one example from your own experience

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.