A risk is something that causes the possibility of a loss.

Thad, a single taxpayer, has taxable income before the QBI deduction of $176,000. Thad, a CPA, operates an accounting practice a

tester [92]

Answer: $21,007.36

Explanation:

Qualified business income deduction for a single member small business:

= Qualified business income * 20% * Applicable percentage if taxable income is above $163,300 limit on QBI deduction

Applicable percentage if taxable income is above $163,300 limit on QBI deduction:

Amount over $163,300 limit:

= 176,000 - 163,300

= $12,700

= 100% - (12,700 / 50,000)

= 100% - 25.4%

= 74.6%

QBI deduction = 140,800 * 20% * 74.6%

= $21,007.36

<em>Note: The $50,000 used in dividing the difference above is the difference between the $163,300 limit for full deduction and $213,300 limit for a partial deduction. </em>

3 0

2 years ago

Why wouldn’t investment and saving flows at full employment always be equal?

svet-max [94.6K]

Depends on what you spend and if you work overtime or earn extra money

6 0

3 years ago

Given the following:A firms projected free cash flows of2021 $20 million2022 $30 million2023 $50 millionAfter 2023, the growth r

kow [346]

Answer:

a) $1,300 million

b) $1,115.91 million

c) $112.39

Explanation:

To find horizon value, value of operations, and the stock price we need to go through calculations using appropriate formulas.

DATA

Free CashFlow, 2021 = $20 million

Free CashFlow,, 2022 = $30 million

Free CashFlow,, 2023 = $50 million

Growth Rate = 4%

Cost of Capital = 8%

Value of Long-term Debt = 12 million

Value of marketable securities = $20 million

outstanding shares = 10 million

Working

Free CashFlow,, 2024 = Free CashFlow,, 2023 * (1 + Growth Rate)

Free CashFlow,, 2024 = $50 million * 1.04

Free CashFlow,, 2024 = $52 million

Horizon Value

Horizon Value = Free CashFlow, 2024 / (Cost of Capital - Growth Rate)

Horizon Value = $52 million / (0.08 - 0.04)

Horizon Value = $52 million / 0.04

Horizon Value = $1,300 million

Value of operation

Value of Operations = $20 million / 1.08 + $30 million / 1.08^2 + $50 million / 1.08^3 + $1,300 million / 1.08^3

Value of Operations = $1,115.91 million

Stock price

To find the price per share we need to find the value of equity first

Value of Equity = Value of Operations - Value of Long-term Debt + Value of Marketable Securities

Value of Equity = $1,115.91 million - $12.00 million + $20.00 million

Value of Equity = $1,123.91 million

Price per share = Value of Equity / Number of Shares

Price per share = $1,123.91 million / 10 million

Price per share = $112.39

5 0

3 years ago

what key environmental changes do you think will increasingly force managers to be proficient at conducting environmental analys

Flauer [41]

When changes in the external environment starts affecting the internal function or progress towards the goal of the firm, it will increasingly force managers to be proficient

6 0

2 years ago

Simply wearing a lap-and-shoulder belt combination can cut your chance of being killed by ____________.

DerKrebs [107]

50%

Explanation:

A. Safety belts are most effective when used properly. Each vehicle made today has a lap/shoulder belt combination. It should go over the shoulder and across the center of the chest. Lap belts should fit comfortably across the hips, not over the stomach. Don't make slack in your seat belt and don't tuck a shoulder belt under your arm or behind your back for any reason, including to defeat the seat belt alarm.

B. Seat belt has saved 14,668 people in 2016 in vehicle accidents.

C. The national use rate of lap and shoulder belt in America is 90.1 percent.

3 0

3 years ago

Read 2 more answers