In general, estimated payments for calendar-year corporations are due on:

a. March 15, June 15, September 15, and December 15.
b. March 15, June 15, September 15, and January 15 of the following year.
c. April 15, June 15, September 15, and December 15.
d. April 15, June 15, September 15, and January 15 of the following year.


c

Business

You might also like to view...

Internal Control Principles One of the COSO principles of internal control requires organizations to demonstrate a commitment to attract, develop, and retain competent individuals in alignment with objectives. Discuss how this can be done

Business

The most recent comparative balance sheet of Giacomelli Corporation appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets:      Current assets:        Cash and cash equivalents$37,000 $29,000   Accounts receivable 20,000  24,000   Inventory 65,000  61,000   Prepaid expenses 5,000  7,000 Total current assets 127,000  121,000 Property, plant, and equipment 424,000  399,000   Less accumulated depreciation 231,000  200,000 Net property, plant, and equipment 193,000  199,000 Total assets$ 320,000 $ 320,000 Liabilities and stockholders' equity:      Current liabilities:        Accounts payable$19,000 $17,000   Accrued liabilities 58,000  51,000   Income taxes payable 47,000  42,000 Total

current liabilities 124,000  110,000 Bonds payable 77,000  80,000 Total liabilities 201,000  190,000 Stockholders' equity:        Common stock 31,000  30,000   Retained earnings 88,000  100,000 Total stockholders' equity 119,000  130,000 Total liabilities and stockholders' equity$ 320,000 $ 320,000 The company uses the indirect method to construct the operating activities section of its statement of cash flows.Which of the following is correct regarding the operating activities section of the statement of cash flows? A. The change in Prepaid Expenses will be subtracted from net income; The change in Income Taxes Payable will be added to net income B. The change in Prepaid Expenses will be subtracted from net income; The change in Income Taxes Payable will be subtracted from net income C. The change in Prepaid Expenses will be added to net income; The change in Income Taxes Payable will be subtracted from net income D. The change in Prepaid Expenses will be added to net income; The change in Income Taxes Payable will be added to net income

Business

On the communication style grid, the two communication styles with low dominance are reflective and supportive. Salespeople with these two communication styles would be best suited for sales situations in which:

A) the product is simple to understand so the salespeople don't have to spend much time with potential clients B) the product is highly technical and requires a strong focus on partnering over the long term to discover solutions for the client C) the customers understand the low dominance of the salespeople and are willing to work with them despite their communication differences D) the customers are all reflective or supportive communication styles E) the salespeople are not required to have direct contact with potential clients

Business

Which term represents all money claims against other entities, including people, business firms, and other organizations?

a. investments b. receivables c. cash d. plant assets

Business