Tonya,an Actuary,is the Sole Shareholder of Shrike Corporation,a Professional Corporation

question 64

Essay

Tonya,an actuary,is the sole shareholder of Shrike Corporation,a professional corporation.The corporation paid Tonya a salary of $360,000 during its fiscal year ending September 30,2017.
a.​​​How much salary must Shrike Corporation pay Tonya during the period October 1 through December 31, 2017, to enable the corporation to continue to use its fiscal year without negative tax effects?
b.​If Shrike Corporation had taxable income of $75,000 for the year ending September 30, 2017, what is its tax liability?

Explain the concept of rumination and its psychological impact.

Understand the broaden-and-build theory of positive emotions.

Distinguish between positive and negative emotions and moods and their effects.

Comprehend the concept of flow and its significance in psychology.

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Definitions:

Return on Investment

A financial ratio that calculates the profitability of an investment by dividing the net profit by the initial cost of the investment.

Controllable Margin

The portion of profit or income that a manager can directly influence by controlling costs or increasing sales.

Invested Capital

Funds invested in a company by the shareholders and lenders, used for the purchase of assets and operation of the company, aiming for business growth and profitability.

Expansion Alternatives

Various strategies or methods a company may consider to grow its business operations, such as opening new locations, product diversification, or acquisitions.