Devi is the chief executive officer of nishida limited devi


Devi is the chief executive officer of Nishida Limited. Devi owns 20% of the common stock of Nishida. During the current year, Devi's salary is $60,000 and he receives a $30,000 bonus. Nishida has taxable income of $200,000 and pays $80,000 in cash dividends. How much gross income does Devi have if

a. Nishida is a corporation?

b. Nishida is an S corporation?

Request for Solution File

Ask an Expert for Answer!!
Business Management: Devi is the chief executive officer of nishida limited devi
Reference No:- TGS01296387

Expected delivery within 24 Hours