1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allushta [10]
3 years ago
15

Ann is in the middle of completing her first 1040EZ tax form. She has some questions about an instruction on the form. What shou

ld she do?
Business
1 answer:
Len [333]3 years ago
7 0
Look at the instructions for that form 1040EZ online. If that doesn't help you call the dept of taxation for help
You might be interested in
Byron Corporation forecasts that its income will be $21,000 next year. The firm pays out 30 percent of earnings as dividends to
noname [10]

Answer:

RE break point = $24500

Explanation:

21,000 net income

30% OF Earnings as dividends

21,000 x 30% = 6,300 dividends

Retained Earnings (assuming no previous beginning value)

21,000 - 6,300 = 14,700

RE break point = 14,700/0.6 = 24500

What does the $24,500 mean?

This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)

If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change

8 0
2 years ago
You decide to purchase an equal number of shares of stocks of firms to create a portfolio. If you wished to construct an index t
Bond [772]

Answer:

Price weighted index

Explanation:

A price weighted index is an index used in stocks where each company that is part of the index makes up a fraction of the total, and is proportional to its price per share.

Higher weight is given to sticks that have higher prices.

Rice weighted index is a good way to track track portfolio performance that best match for your portfolio.

3 0
3 years ago
Fitzgerald Tech owns 20,000 shares of Buchanan Industries, which it purchased for $450,000 in 2016. On March 6, 2020, Fitzgerald
cupoosta [38]

Answer:

The debit to the retained earning should be $750,000 for this transaction because that is the market value of the asset to be distributed as dividend.

Explanation:

Property dividend is a form of dividend payout that involves distribution of company`s assets to equity holders as a form of return. These assets can be inventory, marketable securities or investment in a subsidiary.

For this distribution to be formal, it must be approved by the board of directors of the company. After approved and declared, the accounting entries can now be passed.

The accounting entries needed are:

Debit: Retained Earnings with the amount of the asset distributed.

Credit: Dividend Payable with the amount of the asset distributed.

It is important to note that  the market value of asset to be distributed should be considered i.e the market value of the asset must be recognized in the book. The difference in book value and market value of the investment will be recognized in respective asset ledger account prior transfer to retained earnings.So that the market value of the investment is recognized on the debit side of retained earnings

In the case of Fitzgerald, $750,000 will be debited to retained earnings since it is the market value of the asset to be distributed.

8 0
3 years ago
You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on Tuesdays. You then look only at t
Naily [24]

The family should be less likely to eat out on Tuesday as compared to the general population.

Given that,

  • Out of 200 people, 15 people should eat out on Tuesday.
  • Now only look 60 families out of this 10 should be preferred to eat out on Tuesday.

Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.

Learn more about the population here: brainly.com/question/8696744

3 0
2 years ago
What can be a benefit of using interviews to select employees to hire
sashaice [31]

Answer:

To make sure they have experience and know what they are doing

8 0
3 years ago
Other questions:
  • A(n)______________________ aligns strategic goals, operations effectiveness, reporting, and compliance objectives. a. operationa
    5·2 answers
  • Information overload is NOT a barrier to effective communication. True False
    14·1 answer
  • The Statement of Net Position of South State University, a government-owned university, as of the end of its fiscal year June 30
    10·1 answer
  • The owner of a valuable painting hired professional movers to transport it to an auction house when she decided to sell it. As t
    15·1 answer
  • Dorothy likes to invest in gold as part of her overall financial investment portfolio, as her gut tells her it will increase dra
    7·1 answer
  • Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:
    12·1 answer
  • Which of the following was the result on appeal in the Case Opener involving the alleged breach of an oral contract based on the
    11·1 answer
  • Which is a barrier to entry? close substitutes diseconomies of scale government licensing price-taking behavior
    15·1 answer
  • in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject
    10·1 answer
  • A project manager has multiple projects. One project has new team members and is in its early stages. Unfortunately, the project
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!