Payton Hewitt is the sole shareholder and employee of Conduit Corporation Ltd. which operates a processing business in a province with a 4% corporate…

Payton Hewitt is the sole shareholder and employee of Conduit Corporation Ltd. which operates a

processing business in a province with a 4% corporate rate (i.e., a total corporate rate of 14.5%) on its

income. The corporation has income of $20,000 before salaries and corporate taxes which is eligible for

the small business deduction. Mr. Hewitt has no other income and has federal tax credits of $2,000 and

provincial tax credits of $1,290. He requires all of the income generated by the business.

—REQUIRED

Consider the following three remuneration alternatives:

(A) all salary,

(B) all dividends, and

(C) $10,000 in salary and the remainder in dividends.

Compare the net cash to Mr. Hewitt for these alternatives ignoring employment income deductions

available to an employee.

Show more







Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10