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Vinvika [58]
3 years ago
8

Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of _____ income.

Business
2 answers:
Orlov [11]3 years ago
8 0
A. we know it is not c or d cuz they would not fit but a and b are our options the answer would be B IF he was a worker but in this case he makes his money from a profit and pays the workers (they earned it) so it is A
tatuchka [14]3 years ago
8 0

Answer: (C) Capital Gain Income

Explanation: Byron is making money through buying and selling of stocks. When a stock is bought and sold within 3 years, it is considered as short term capital gain. When a stock is bought today and sold after 3 years, it results into long term capital gain. Hence, the answer is Capital Gain income.

The other options are earned , hourly and passive are not relevant.

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Answer:

10.12%

Explanation:

The computation of the WACC is shown below:

= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity

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We simply multiplied the capital structure with each of its weight so that the WACC could come and the same is to be considered

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A company's Income Tax Payable account decreased from $14 million to $12 million during the year. If its income tax expense was
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A cash outflow of $82 million is correct answer

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2 years ago
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A commitment whereby the underwriter agrees to purchase any portion of an issue offered to existing shareholders under a rights
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A commitment whereby the underwriter agrees to purchase any portion of an issue offered to existing shareholders under a rights offering that is left unsubscribed is known as a stand-by commitment.

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Commitment: With firm commitment underwriting, the underwriter guarantees that the issuer will purchase all securities for sale, regardless of whether they can be sold to the investor. This is the most desirable arrangement as it immediately guarantees all the money of the issuer.

Commitment usually refers to the insurer's agreement to assume all inventory risk. A firm commitment also means agreeing to buy and sell all IPO securities directly from the issuer. Other uses of commitments relate to loans and derivatives.

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