 What is the cheapest way to become a Limited Liability Company (LLC)? ? |
Hi.
The company is currently a Sole Proprietorship and I am looking to convert it to a LLC. What is the cheapest way to do so? What state (Deleware??)? and How do I go about it?
... |
|
 Since the circuit city is going out of business, will they give out free stuff at the final end of it? |
I have heard that bofore final closing, some stores give out free stuff...
Will this happen to circuit city as well?... |
|
 Walmart shoppers! how often do you shop there? why? positive experience? 10 pts to first answer!!!? |
Need this for a school project
1) how often do you shop at walmart?
2) Why
3) have you had a generally possitive experience and why?
Thank you so much!... |
|
 Why would a buisness e-mail address end with .com? |
For ex- sandy@art.com
At my job I e-mail companies and most of them say .com at the end and I cant e-mail them?
Thanks in ... |
|
 Can I exchange an item at a certain k-mart even if I bought it at another k-mart in a different location? |
| I bought a Guitar hero III bundle and it's defective. I bought it at a K-Mart in Troy MI. Can I return it to a K-mart in Madison Heights MI?... |
|
 How does a person deal with an offensive and ridiculous manager ? |
| After 10 years of working for the same manager. The last 2 have been very out of character for himself and more importantly to the business. I feel very dedicated and loyal... But somethings just not ... |
|
 I dont see many walmart superstores in CA. why is that? |
| as compared to cities in the midwest , i dont see much walmart superstores in CA. why might that be?... |
|
 What, if anything, would happen to my mortgage if my lender went bankrupt? |
| You'll never guess who my lender is: Countrywide! There's wide speculation that they will be bankrupt soon. Hey, maybe I should offer to loan them some money--at about double the interest ... |
|
 Security War: Wachovia or Bank of America? |
Who offers the best, top-notch security/protection when it comes to banking? Wachovia or Bank or America?
Each person I ask gives me a different story. "Wachovia is the best, but ... |
|
 My Gym is Drawing on Expired Debit Card (legal)? |
Quick data points:
1 )Opened gym membership in 2003 using debit card to draw month dues (both GYm and Bank are in California)
2) Debit card expired August 2005
3) I was under the ... |
|
 By law, when a shareholder leaves a private company, what amount of money is he entitled? |
| The company has 3 shareholders. One wants to leave and sell his shares because of relation problems. Initially the shares was worth 100 000$. Now it is worth one million. But the company is in growth ... |
|
 WAL-MART BOYCOTT did you join ,why,what did you do to help.? |
Yes, I did join
Because i’m tried of cheep foreign made products and to help save American jobs
And all the recalls like dog food, poison juice, and lead painted tot trains and on an on..<... |
|
 House or spouse? |
| My spouse is really really large, (obiese) and so we went to a large married persons conference in Vallejo, Ca last week. One of the speakers was tallking about hugging and he said I quote, "... |
|
 Gifts for Company Co-workers? |
| As a part of team building I was tasked to find wholesale products to use as corporate giveaways. any ideas where to buy one?... |
|
 How and where can I get funding for my invention? |
| I have an invention that will revolutionize the world!!! If I told you that I can make it so you never have to pay a power bill again; would you be interested? If I said I think I can make it so you ... |
|
|  |
Mike T | Managerial Accounting Ethic question? |
If you are trying to increase profits be advertising a ton more, but you include this expense as a product cost,
how does this increase profits?
Is this ethical to do this?
I will select a best answer
Additional Details
This question is supposed to be a hypothetical thing. I guess im not making my self clear. I know that advertising doesnt increase profit, but when you expense advertising as a product cost rather than expensing it as a selling/administrative cost why does this show higher profits? |
 |
 
wwwsiddharth
 |
i dont think anyone includs advertising as product cost..still if someone does...its wrong because it is something to increase sales and to make early profits..not dat it is increasing the product efficiency...i think this is a indirect cost...and not a product cost |
|
Ed Atun
 |
You would be decreasing profits since the profit is the price you sell minus the price you paid for the goods. By adding the ad costs to the price, you made less profit.
But any accounting chicanery is not ethical because it hides the truth; so it is not ethical.. |
|
10acrebel88
|
This is very obvious. Advertising brings more revenue to your company by showing the public that your product exists and that it is better than the competitor. The money that is required to advertise should be used as a business expense from your overall revenue. Product cost is involved with only the requirements of the creation of your product which is in a different tax bracket. It increases the profits because you are spending money that is less taxable and you don't have to include advertisement as deduction towards total revenue. It is unethical because you are using a loophole to generate more profits. |
|
Bekah is overdue.....
|
No, its not related to the cost of goods. It will increase sales, but not really increase your bottom line. You can spend lots of money on advertising but if does not pan out then it was just a wasted expense. This is not an ethics question. Companies advertise everyday to increase sales. You have to lower your cost of goods to make more money, or sell your items at a higher price. You can not include it as a product cost, any CPA will see right through it. |
|
Valuation Expert
|
Advertising in itself doesnt increase profits. The business generated from the advertising increase profits. In order to attribute your advertising to product cost you would have to allocate evenly or weighted depending on your increased business and how you would measure it against the advertising.
It would be much easier to deduct it as advertising without all the extra math. There is a risk of error in your allocation method that could be good and/or bad for you. If the estimates are under stated then your aren't getting enough back and if you over state then you may be at risk of some kind of tax fraud if deemed unreasonable or intentional.
You shouldn't have to worry about anything unethical if you apply the tax credits per IRS requirements and are not basing your tax payments on a calculation or estimate that is overly stated. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
5 | 16 minutes(s) ago
| | | |
5 | 22 minutes(s) ago
| | | |
5 | 32 minutes(s) ago
| | | |
5 | 58 minutes(s) ago
| | | |
5 | 1 hour(s) ago
| | | |
5 | 2 hour(s) ago
| | | |
5 | 5 hour(s) ago
| | | |
5 | 6 hour(s) ago
| | | |
5 | 8 hour(s) ago
| | | |
5 | 11 hour(s) ago
| |
|
Homepage 
Financial
Forum 
Corporations 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
