Clampett, Inc., converted to an S corporation on January 1, 2019. At that time, Clampett, Inc., had cash ($31,000), inventory (FMV $51,000, basis $12,000), accounts receivable (FMV $31,000, basis $31,000), and equipment (FMV $51,000, basis $71,000). In 2020, Clampett, Inc., sells its entire inventory for $51,000 (basis $12,000). Assume the corporate tax rate is 21 percent. Clampett, Inc.'s taxable income in 2020 would have been $1,000,000 if it had been a C corporation. How much built-in gains tax does Clampett, Inc., pay in 2020

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

The questions of economics address which of the following ? check all that apply

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false