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Mice21 [21]
3 years ago
7

Mary is selling her house for $100,000 and felipe, who is expecting an inheritance soon, wants to have the option to buy it next

month at that price. felipe gives mary a $1,000 deposit in exchange for mary's promise that he can buy the house next month at $100,000 if he gets his inheritance. mary and felipe:
Business
1 answer:
Brilliant_brown [7]3 years ago
5 0
If Felipe gets his inheritance then he and Mary can clinch their deal successfully and according to the terms they have worked out so that he will owe her $99,000 and she will get this money and he will get presumably a nice house.
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Suppose you sell a fixed asset for $99,000 when its book value is $75,000. if your company's marginal tax rate is 39 percent, wh
strojnjashka [21]

Determining Depreciation Recapture.

Sale Value = $99,000

Less: Adjusted basis(book value) = ($75,000)

Depreciation recapture = $24,000

So Depreciation recapture = $24,000

The marginal tax rate is the amount of additional tax paid for each additional dollar earned in income. The average tax rate is the total tax paid divided by total income. A marginal tax rate of 10% means that 10 cents from the next dollar you earn will be tax deductible.

In taxation, a tax rate is a rate at which a company or individual is taxed. There are several ways to express tax rates, including statutory, average, marginal, and effective. These tax rates can also be presented using different definitions (inclusive and exclusive) that apply to the tax base.

Learn more about marginal tax here

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3 0
1 year ago
Your financial analyst calculated the following ratios for three companies: Boeing Microsoft PG&E Cash ratio 0.15 0.1 0.1 Cu
MaRussiya [10]

Answer: Not necessarily: The debt ratios are not directly comparable, since each company is in a different industry.

Explanation:

We cannot authoritatively state that even though Boeing has such a high debt rate, that it is a riskier company than either Microsoft or PG&E. This is due to the drawback in ratio analysis of bias if compared across different industries.

Ratio analysis best works when comparing companies in the same industry because their situations will be similar. Comparing across industries can be misleading because different industries operate in different ways. In the Airplane manufacturing business for instance, having a high amount of debt due to having the tangible assets to back it up might be a normal thing.

The debt ratios are therefore not directly comparable because each company is in a different industry.

7 0
3 years ago
A. compute the basic earnings per share<br><br>b. compute the diluted earnings per share
Nookie1986 [14]
It is compute the dilutes earnings per share. I think it’s B.
8 0
2 years ago
A European chocolate manufacturer received several complaints from customers about the quality of its products when it began sel
Otrada [13]

climatic requirements

3 0
3 years ago
Two years ago, you purchased 100 shares of Coca-Cola Company. Your purchase price was $52 a share, plus a total commission of $2
Kitty [74]

Answer:

The answer is: 2.98%

Explanation:

The dividend yield for the stock during the purchase year can be calculated using the following formula:

  • dividend yield year A = dividend year A / stock price year A

In this case year A is the purchase year.

Dividend yield = $1.55 / $52 = 0.0298 or 2.98%

5 0
3 years ago
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