Answer:
$85.71
Explanation:
To calculate the price to pay for the stock of Hudson Corporation, we use the dividend discount model formula stated as follows:
P = Next year dividend ÷ (r - g) ................................ (1)
Where,
P = stock price today = ?
Next year dividend = $3.00
r = required return = 7.10% % = 0.071
g = dividend growth rate = 3.60% = 0.036
These above values are now substituted into equation (1) as follows:
P = 3 ÷ (0.071 - 0.036) = 3 ÷ 0.035 = $85.71
Therefore, I will pay $85.71 for Hudson Corporation's stock today.
Answer:
The answers are:
- Jerry must recognize $0 of gain on the transfer of the rental house
- Sally's tax basis is $80,000
Explanation:
Capital gains taxes are usually excluded when you sell a house or transfer the house in a divorce settlement. The exclusion is up to $250,000 of capital gains.
Since Sally didn't buy the house, but received it as part of their divorce settlement from Jerry, the same cost basis will apply to Sally.
Answer: No statutes presently require websites to have or disclose a privacy policy.
Explanation:
A Privacy Policy refers to a legal document or statement which states how an organization or website collects, and processes the data of the visitors and the customers.
The FTC Act is an act regarding the unfair practices in commerce. The Electronic Communications Privacy Act was put in place so as to prevent the unauthorized access of the government to private electronic communications.
Based on the options given, there is no statute that requires Burns to have and disclose a privacy policy to anyone using the website. Therefore, the answer is D.
Answer:
b. $3,350,000
Explanation:
<em>Long-Term Liabilities:</em>
Bonds Payable $3,000,000
Notes Payable $165,000
Mortgage Payable $185,000
Total Long Term Liabilities $3,350,000