Loretta Plans to Start a Small Business,operated Through a Corporation

question 42

Multiple Choice

Loretta plans to start a small business,operated through a corporation.In year 0,she expects the corporation to generate a loss of $100,000.Subsequently,she expects the corporation to be profitable,and projects profit of $150,000 in year 1,and $250,000 in year 2.Using Appendix A and a 10% discount rate,calculate the present value of expected tax savings and costs on the business earnings for the first 3 years of operations if the business does not make an S corporation election.

• A)$52,910 total tax cost
• B)$88,250 total tax cost
• C)$94,350 total tax cost
• D)$118,800 total tax cost

Understand the anatomical structures found in the trunk region.

Recognize the landmarks marking the boundary between different regions of the body.

Describe the study and importance of surface anatomy in understanding human anatomy.

Differentiate between muscles found on the surface of the arm.