Use the following information to answer this question. bayside, inc. 2010 income statement ($ in thousands) net sales $ 6,090 less: cost of goods sold 4,300 less: depreciation 410 earnings before interest and taxes $ 1,380 less: interest paid 34 taxable income $ 1,346 less: taxes 404 net income $ 942 bayside, inc. 2009 and 2010 balance sheets ($ in thousands) 2009 2010 2009 2010 cash $ 125 $ 230 accounts payable $ 1,630 $ 1,580 accounts rec. 1,030 870 long-term debt 830 630 inventory 1,745 2,060 common stock $ 3,280 $ 3,300 total $ 2,900 $ 3,160 retained earnings 900 1,150 net fixed assets 3,740 3,500 total assets $ 6,640 $ 6,660 total liab. & equity $ 6,640 $ 6,660 what is the return on equity for 2010?

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

When you hire an independent contractor you don't have to pay the contractors what