Answer:
$1.50
Explanation:
Calculation for How much per share is left for you after all taxes are paid
Using this formula
Amount per share left= Amount per share-(Amount per share× marginal tax rate
Let plug in the formula
Amount per share left=$2.31-($2.31×35%)
Amount per share left=$2.31-0.8085
Amount per share left=$1.50
Therefore How much per share is left for you after all taxes are paid will be $1.50
Answer:
Net Income for the year = $90000
Explanation:
The net income is the function of Revenues less expenses.
The revenue for the year is provided in the question and it amounts to $140000. Similarly the figure for this period's expenses is also available as $50000.
The net income for the year is,
Net Income = Revenue - expenses
Net Income = 140000 - 50000 = $90000
Answer:
It would be better to buy the car.
Nominal 26,446.81 (break even resale price)
Explanation:
We solve the present value of the salvage value at 6% APR
Maturity $28,000.0000
time 36.00
rate 0.00500
PV 23,398.0577
Net present worth:
23,398.06 - 43,000 = 19,601.94
Lease option
PV of the monthly payment:
C 505.00
time 36
rate 0.005
PV $16,599.8632
plus the 4,300 downpayment
present worth: -20.899,86
As the option from the purcahse gives a lower present worth it is preferable over the option to lease the vehicle
X - 43,000 = -20,899.86
X = 22,100.14
We have to look at which resale price the present value is equal to 22,100.14
Principal 22,100.14
time 36.00
rate 0.00500
Nominal 26,446.81