Answer:
Capital gain tax = $1,540.
Explanation:
As per the data given in the question,
For stocks of A
Profit = (selling price - purchasing price) × units
= ($19 - $23) × 200
= -$800
For stocks of B
Profit = ($57-$41) × 600
= $9,600
Total profit = profit for stock A + profit for stock B
= -$800 + $9,600
= $8,800
Therefore, capital gain for both year = $8,800
Tax rate = 35%
Capital gain tax = Capital gain × Tax rate
= $8,800 × 35%
=$3,080
As share holds for more than a year,
So, Capital gain tax = $3,080 ÷ 2 = $1,540.
Answer:
False
Explanation:
Signing a project charter rarther than project portfolio signal the trasition of a project from high level initiating phse into a more detailed project planning stage.
cheers.
Answer:
$3.389
Explanation:
Data provided as per the question below
Fixed cost = $300,000
Variable cost = $200,000
Total cost = $500,000
Units produced = 59,000
The computation of variable cost per unit is shown below:-
Variable cost per unit = Variable cost ÷ Units produced
= $200,000 ÷ 59,000
= $3.389
Therefore we applied the above formula.
Answer:
1693.25
Explanation:
The computation of the current price of the item and the price 9 years from today is shown below:-
p(t) = 1,200 × (1.039)^t
Now, the current price can be found by putting t = 0
p(0) is
The price 10 years from today
p(9) is
Now we will solve the above equation
= 1,200 × 1.411041958
= 1693.25035
or
= 1693.25
