Interested to Buy Any Domain ? << Click Here >> for more details...
what is deferred profit ?
- 2 Answers
- 5892 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sandeep.m
A portion of company profits allocated by an employer, in
good years, to an employee’s trust.
Contributions on behalf of each employee are expressed as a
percentage of salary with 5% being common practice. If the
profit-sharing plan is a qualified plan according to the
IRS, employer contributions are tax deductible as a business
expense. These contributions are not currently taxable to
the employee; benefits are taxed at the time of distribution.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sandeep.m
A portion of company profits allocated by an employer, in
good years, to an employee’s trust.
Contributions on behalf of each employee are expressed as a
percentage of salary with 5% being common practice. If the
profit-sharing plan is a qualified plan according to the
IRS, employer contributions are tax deductible as a business
expense. These contributions are not currently taxable to
the employee; benefits are taxed at the time of distribution.
| Is This Answer Correct ? | 2 Yes | 0 No |
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
why your choseing bank of america
I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....
financial statement of company sales(1,00,000 units @ Rs.10/-) 10,00,000 Variable costs 5,00,000 Contribution 5,00,000 Fixed costs 3,00,000 Net profit 2,00,000 p/v ratio 50% BEP 6,00,000 Margin of safety ratio 4,00,000 If the price increases by 10% what shall be the new p/v ratio and BEP? If the price increases by 10% is accompanied by a reduction in volume by 12%,what shall be the effect on BEPand profit?
What are the main differences between corporate debt and equity? Why do some firms try to issue equity in the guise of debt?
whether stamp duty paid online through MCA 21 portal is refundable; if it is paid twice
A prouduct passed through three stage of the production and product for each stage become the raw material for the new stage further raw material on also added at each stage . During the march 2000, 1000 unit of finishied prouduction produced with following expenditure. A B C material 10000 8000 4000 labour 8000 12000 6000 on cost 5000 4000 2000 inculuded expenses amount to 5200 and to be allocated on the bassis of labour main raw material issue to stage A was worth rs 6400\- prepare the procesing cost account with unit each stage and total cost finishied product the final stage.
please tell me about Advance Bank Gurantee & Performance Bank Gurantee
can a pvt ltd. coy take unsecured loan from any partnership firm? If not why?
which document to be require to registration of Shop & establishment of Propiretor Ship?
What are the factors that come under general office administration especially if it the industry type is Software,BPO,Telecoms and constructtions?
when contribution is negative, then how to calculate PV ratio?
Audit 
