<span>Higher taxes will provide to the growing number of senior citizens. There are much more elderly citizens now than there were 50 years ago with the baby boomers aging into their golden years. In order to provide services for these individuals, taxes could likely increase to cover the increasing costs.</span>
Answer:
Dividend yield ratio.
(a) Market price per share
(e) Common dividends per share
Explanation:
The formuls it's
Cash Dividends per Share (Common)
================================= = DIVIDEND YIELD
Market Value per Share (Common)
As the outstanding shares are the same, it is only necessary to divide the value of the dividend per share by the market price of the outstanding shares.
Answer:
$45,990
Explanation:
The Weighted Average Cost Method, calculates a new Unit Cost with every purchase that is made. This is applicable to perpetual Inventory method. In this case we are required to use the <u>periodic Inventory method</u> (<em>Sheffield does not maintain perpetual inventory records</em>). Thus our Unit Cost is calculated from Inventory available for Sale.
Step 1
<u>Units Available For Sales Calculation :</u>
Opening Balance 9,200
Add Purchases (6,400 + 7,900) 14,300
Units Available for Sale 23,500
Less Units Sold (7700 + 11300) (19,000)
Ending Inventory Units 4,500
Step 2
<em>Unit Cost = Total Cost ÷ Units Available for Sale</em>
= ($89,516 + $65,984 + $84,609) ÷ 23,500
= $10.22
Step 3
<em>Ending Inventory = Units in Stock × Unit Cost</em>
= 4,500 × $10.22
= $45,990
Answer:
$545
Explanation:
The total amount of interest to be paid is obtained by the formula.
I= p x r x t,
Where I= interest
P= principal amount
R= interest rate
T= time
In this case
I= $18,000 x 3/100 x 3
I= $18,000 x 0.03 x 3
I=$18,000 x 0.09
Interest paid will be $1,620
Total amount to be repaid is the principal amount plus interest
=$18,000 + $1,620
=$19,620.
The amount of $19,620 will be repaid in 3 years( 36 months)
monthly payment will be
=$19,620 /36
=$545
Monthly repayments will be $545
Answer:B-
Anna has a $250,000 tax basis for her partnership interest.
Explanation:
Since the e substituted basis rules of section 722 and 723 applys, Jason's basis for his partnership interest will be the same as his $180,000 basis for the property contributed. Anna will have a $250,000 tax basis for her partnership interest, Also the partnership will have a $200,000 adjusted basis for the land contributed by Anna and neither Jason nor Anna will recognize a gain or loss on their property contributions.
