Answer:
The explanation including its single issue is outlined in the section below on theories.
Explanation:
Analysis of work environment or profession is also widely recognized as the analysis of jobs. That would be the first starting point throughout the staffing process.
It describes items as follows:
Answer:
e. None of these.
Explanation:
Step 1. Given information.
Taxable Dividend Yield = 9.7%
Tax rate on Dividend yield=15%
Interest rate=10%
Let Tax rate on Interest=X
Step 2. Formulas needed to solve the exercise.
Interest rate * (1 - x) = taxable dividend yield ( 1 - tax rate on dividend yield)
Step 3. Calculation.
0.10*(1-x)=0.097*(1-0.15)
0.10-0.10x=0.08245
0.10x=0.01755
x=0.01755/0.10
=0.1755
=17.55%
Step 4. Solution.
e. None of these.
Answer:
$15000
Explanation:
If the investor the outstanding shares of the other company which is less than 20% then we can report the unrealized gains or losses in the income statement. The unrealized gain can be calculated as follows:
check the attachment below
Part 1
Determine the gain/loss realized and recognized in the current year for each of these events. Also determine whether the gain/loss
recognized is §1231, capital, or ordinary.
Item
Description
A KTZ sold an office building for $85,000 in cash. It originally bought the office building seven years ago for $59,000 and has taken $14,000 in depreciation.
B KTZ sold another machine for $6,200. It originally purchased this machine six months ago for $9,000 and has claimed $1,230 in depreciation expense against the asset.
C KTZ sold some of its inventory for $5,000 cash. This inventory had a basis of $8,000
D KTZ held stock in XYZ Corp., which had a value of $19,000 at the beginning of the year. That same stock had a value of $25,230 at the end of the year.
E KTZ sold a machine that it used to make computerized dies for $26,300 cash. It originally bought the machine for $16,200 three years ago and has taken $4,000 depreciation
Part 2
From the recognized gains/losses determined in part 1, determine the net §1231 gain/loss and the net ordinary gain/loss KTZ will recognize on its tax return.
Answer:
Consider the following explanations and calculations
Explanation:
part 1
a) KTZ sold an office building for $85,000 in cash. It originally bought the office building seven
years ago for $59,000 and has taken $14,000 in depreciation.-
Ans- Bookvalue on date of sale= $59000- $ 14000= $ 45000
Profit on sale of office building= $85000- $45000= $40000
As per section 1231, out of profit of $40,000, amount of $14000, i.e till the amount of depreciation will be an ordinary income and $26000 (40000-14000) will be considered capital income.
b)
KTZ sold another machine for $6,200. It originally purchased this machine six months ago for
$9,000 and has claimed $1,230 in depreciation expense against the asset.
Ans- As the asset was held for less than one year, the provision of section 1230 will not apply. Thus, the loss will be treated as ordinary loss. The amount of ordinary loss =cost-depreciation-salesprice=9000-1230-6200= $1570
c)
KTZ sold some of its inventory for $5,000 cash. This inventory had a basis of $8,000
Ans-Section 1230 will not be applied to inventories. Thus ordinary profit of $3000 (8000-3000) will be considered.
d)
KTZ held stock in XYZ Corp., which had a value of $19,000 at the beginning of the year. That
same stock had a value of $25,230 at the end of the year.
Ans- Stock is treated as lower of market value or cost, hence no treatment, willl be shown at $19000
e)
KTZ sold a machine that it used to make computerized dies for $26,300 cash. It originally bought
the machine for $16,200 three years ago and has taken $4,000 depreciation
Ans- Bookvalue of computer- 16200-4000= $12,200
Profit= 26300- 12200= $14100
As per section 1231, out of profit of $14,100, amount of $4000, i.e till the amount of depreciation will be an ordinary income and $10100 (14100-4000) will be considered capital income.
part 2
Net section 1231 gain=26,000 + 10100= $ $36100
Ordinary gain= 14000+3000+4000= $21000
Ordinary loss= $ 1570
Answer:
The correct answer is $7.94.
Explanation:
According to the scenario, the computation of the given data are as follows:
Total value of shares = ( 320,000 × $40 ) + ( 420,000 × $45) + (520,000 × $10) + 720,000 × $15)
= $12,800,000 + $18,900,000 + $5,200,000 + $10,800,000
= $47,700,000
So we can calculate the net asset value by using following method:
Net asset value = (Total value - Expenses ) ÷ Shares Outstanding
By putting the value, we get
= ( $ 47,700,000 - $ 40,000) ÷ $6,000,000
= $7.94
In the year 2013, the nation that had the highest GDP per capita out of the options was Switzerland.
In 2013, Switzerland had the very high GDP per capita of $88,109.49 which put it higher than the United States and Brazil.
This high GDP per capita meant that the Swiss economy was strong and that the people were mostly well off.
Find out more on GDP per capita at brainly.com/question/1072073.
Answer:
Switzerland the answer
Answer:
The overhead for the year will be $245,000
Applied overheads in the year are $161,894 and Underapplied overheads are $83,106 total charged to cost of goods sold will be $245,000
Explanation:
Predetermined overhead rate = total estimated overhead / estimated direct labor-hours
Predetermined overhead rate = 244,200 / 9,200
Predetermined overhead rate = 26.54 per labor hour
Overhead for the year = Predetermined overhead rate X Actual Direct Labor hours
Overhead for the year = 26.54 x 6100
Overhead for the year = 161,894.00
Underapplied overheads = 245,000 - 161,894 = 83,106.00
The overhead for the year is $162,317.
To calculate the overhead for the year, we need to use the predetermined overhead rate based on direct labor-hours. The predetermined overhead rate is calculated by dividing the total estimated overhead by the estimated direct labor-hours. In this case, the predetermined overhead rate is $244,200 / 9,200 labor-hours, which is $26.57 per labor-hour.
To find the overhead for the year, we multiply the actual direct labor-hours by the predetermined overhead rate. In this case, the actual direct labor-hours are 6,100. So the overhead for the year is 6,100 labor-hours * $26.57 per labor-hour, which equals $162,317.
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