The manager of Weiser is given a bonus based on net income before taxes. The net income after taxes is $35,700 for FIFO and $29,400 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO? This is what I come up with when...

I begun my business in 2011 with Investment of 93,244 Drawings were 23,569 Total assets were 467,127 Total liabilities were 247,653 I can't figure out my net income?? so i figured out my net for 2011 was 149,799 thank you very much

Net Income 5,390 Net Sales 44,830 - what is the net profit

a. Barlow deposited $10,000 cash in a business bank account, and the corporation issued common stock to him. b. Borrowed $5,000 cash from the bank and signed a note payable due within 1 year. c. Paid $300 cash for supplies. d. Purchased advertising in the local newspaper for cash, $800. e....

In the end of period spreadsheet/worksheet for the current year, the Debit total is $436,700 and the credit total is $523,550. What is the amount of net loss or net income in preparing the income statement from the end-of-period spreadsheet?