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Ivanshal [37]
2 years ago
10

Bertha purchased 10 shares of BestSnack, Inc. stock for $200 per share; in one year, she sold the 10 shares for $220 a share. Ov

er the year, the inflation rate was 3%. If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain
Business
1 answer:
geniusboy [140]2 years ago
5 0

If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.

<h3>Gain</h3>

First step

Bertha's capital gain= ($220 - $200) x 10 shares

Capital gain = $200

Second step

Balance left after government took 50%

Balance left= $200 x (1 - 0.50)

Balance left= $100

Third step

Gain=$100 x (1 - 0.03)

Gain=$97

Therefore If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.

Learn more about Gain here:brainly.com/question/843074

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What term is used to describe the method that allows coplink to access many different databases of law enforcement agencies with
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The term is used to describe the method that allows copy link to access many different databases of law enforcement agencies with varying data fields is a multi-dimensional approach Option A

This is further explained below.

<h3>What is a multi-dimensional approach?</h3>

Generally, Because we are utilizing an appropriate and specialized way to access the data basis of law enforcement under multiple data fields, we are able to state that the described method operates under the term known as a multi-dimensional approach.

This is an approach in which the database is accessed and analyzed via numerous dimensions, or we can call data to feel categories, in order to produce appropriate results and more efficient functioning.

In summary, we may reach the following conclusion after reviewing the information presented above: the choice that was picked is the optimal response to the inquiry that was posed.

The question that was presented before has been addressed and clarified; if you have any other questions, please leave them in the comments area below.

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5 0
1 year ago
A firm has a current price of $40 a share, an expected growth rate of 11 percent and expected dividend per share (D1) of $2. Giv
Xelga [282]

Answer:

d. 16% - buy

Explanation:

R = (D1 / P0) + g

Where, R=Expected Return, P0 = Current Market Price = $40, D1=Expected Dividend=$, g = Expected Growth Rate = 11% = 0.11

Expected Return = R = ($2/$40) + 11%

R = 0.05 + 0.11

R = 0.16

R = 16%

Expected Return is higher than the required return of 12%.  Hence, it should be bought (it is expected to give higher return than required)

7 0
3 years ago
Both the Government and the contractor have the option of going to court to resolve disputes between them. True False
julia-pushkina [17]

Answer:

True

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

A contractor can be defined as a self employed individual or business entity that provides services or work for another for an agreed fee.

This ultimately implies that, a contractor is a non-employee of the organization he provides services or work for. Some examples of a contractor are consultants, engineers, lawyers, accountants, auditors, doctors etc.

Basically, the government of a country usually employs the services of contractors for the execution of public projects and works.

Hence, both the Government and the contractor have the option of going to court to resolve disputes between them.

7 0
3 years ago
When the prisoners' dilemma game is generalized to describe situations other than those that literally involve two prisoners, we
Darina [25.2K]

C. can be difficult to maintain, even when cooperation would make both players of the game better off.

The Prisoner's Dilemma is a paradox that attempts to explain why two rational decision makers working in their own best interest might not cooperate with someone else even if it ultimately would be better for both of them.

4 0
3 years ago
he following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods invento
IceJOKER [234]

Answer:

$210,000

Explanation:

For computing ending inventory under absorption costing, we need to first find out the units of ending inventory, and then do the proportion to each cost.

The units of ending inventory = Units produced - units sold

                                                 = 7,200 units - 5,200 units

                                                 = 2,000 units

Now,

The material cost = Material cost × (ending inventory units ÷ units produced)

                            = $144,000 × (2,000 ÷ 7,200)

                            = $40,000

The Variable conversion cost = Variable conversion cost × (ending inventory units ÷ units produced)

                                                 = $72,000 × (2,000 ÷ 7,200)

                                                 = $20,000

The Fixed manufacturing cost = Fixed manufacturing cost × (ending inventory units ÷ units produced)

                                                 = $540,000 × (2,000 ÷ 7,200)

                                                 = $150,000

So, the ending inventory equals to

= Material cost + Variable conversion cost + Fixed manufacturing cost

= $40,000 + $20,000 + $150,000

= $210,000

6 0
3 years ago
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