Answer:
<em>C. $0 dividend income and a tax basis in the new stock of $56.25 per share</em>
Explanation:
Existing tax basis
= 300 shares * $90
= $27,000
Latest stocks attributable to stock dividend to be given to Diana,
= 300 * 3/5
= 180
Therefore the total number of shares will be, after dividend,
= 180 + 300
= 480
So new tax basis per share
=27,000 / 480
<u><em>= $56.25</em></u>
Answer:
$46,400
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Net operating income under variable costing + Fixed overhead deferred in ending inventory - Fixed overhead released in beginning inventory
= $74,000 + $0 - $27,600
= $46,400
All other information which is given in the question is not relevant. Hence, ignored it
Answer:
$6745
Explanation:
Given: Beginning inventory is 77 units at the cost of $19 per unit.
Purchased inventory is 476 units at $19 per unit.
Sales during the month is 355 units at $45 per unit.
Now, let´s find the cost of goods sold using LIFO method.
We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.
As sales unit is 355 units.
Let´s take units from recent purchased inventory.
Cost of good sold= 
Hence, the cost of goods sold using the LIFO method is $6745.
Answer:
Driver roll back.
Explanation:
The Roll Back Driver feature, available within Device Manager in all versions of Windows, is used to uninstall the current driver for a hardware device and then automatically install the previously installed driver.
A Credit Bureau maintains and distributes to potential creditors information regarding the creditworthiness of potential debtors. mortgage broker, federal reserve bank, credit bureau, bureau of investigation.
C.B a company that collects information relating to the credit ratings of individuals and makes it available to credit card companies, financial institutions.
