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2 years ago

If someone give gift to his wife of 255000 how much is taxable

Business

2 answers:

padilas [110]2 years ago

8 0

I do believe that gifts to a spouse are exempt from any gift tax. So $0 is taxable.

irakobra [83]2 years ago

8 0

Whether of the same sex or the opposite sex, there is an UNLIMITED amount of gifts a spouse can give to the other without there being a gift tax. So you can gift ANY amount and there will no be tax. However, the gift is still taxable beyond the $15,000 annual exclusion. $255,000 - $15,000 = $240,000.

Therefore, the giver gave $240,000 in taxable gifts and pays $0 gift taxes.

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The stock of Nogro Corporation is currently selling for $10 per share. Earnings per share in the coming year are expected to be

V125BC [204]

Answer:

a) required rate of return = 10%

b)Also, if there is no growth then Return on Equity will be equal to the Required rate of return. Hence there won't be any change.

c) a cut in the dividend payout to 25% will have no effect or impact and as such the stock price will remain the same.

A complete elimination of dividend will not affect the stock price as well.

Explanation:

The question is in three parts and will be answered accordingly

a) The Required Rate of Return = (The Dividend Expected for the next year/ Current Price of Stock) + the Growth rate

First, we calculate the Dividend expected per share for the next year

=earnings per share x Dividends pay out ratio

=$2 /$10 = 20%

Secondly, we now calculate the return on equity as follows

= Expected Earnings Per share / Current Selling price

= $2 x (1-50%) = 10%

The third is to calculate the Growth rate =

Return on Equity x (1 - Dividend payout ratio)

= 20% x (1-50%) = 10%

Using this with the formula of required rate of return

= ($1 /$10) +10% = 20%

b) First the assumption is that all earnings were paid as dividend with no reinvestment and in this scenario, the lack of reinvestment will mean no growth. Also, if there is no growth then Return on Equity will be equal to the Required rate of return. Hence there won't be any change.

c) Because the Return on Equity is equal to required rate of return, it means a cut in the dividend payout to 25% will have no effect or impact and as such the stock price will remain the same.

A complete elimination of dividend will not affect the stock price as well.

6 0

3 years ago

What are the scopes of microeconomy

MAVERICK [17]

MICROeconomics refers to the effects and purchasing decisions of individuals.

This differs from MACROeconomics which focuses on large scale views of things that affect the economy as a whole like inflation and interest rates.

7 0

2 years ago

Assume a company makes only three products, B, C, and D:

Vsevolod [243]

Answer:

d) $13

Explanation:

contribution margin per unit:

product B = $45
product C = $39
product D = $25

contribution margin per machine hour:

product B = $45 / 2.5 = $18
product C = $39 / 3 = <u>$13</u>
product D = $25 / 1.25 = $20

the company should first produce 800 units of product D and use 1,000 machine hours. Then it should produce 680 units of product B using 1,700 machine hours. In order to produce the remaining 20 units of product B and the 600 units of product C, the company must rent machine hours and the maximum possible price per hour is $13 (contribution margin per machine hour product C).

8 0

2 years ago

Two of the different data categories for an HRIS database are: Group of answer choices information about people and information

MrRa [10]

Answer:

information about people and information about the organization.

Explanation:

A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.

A data dictionary can be defined as a centralized collection of information on a specific data such as attributes, names, fields and definitions that are being used in a computer database system.

In a data dictionary, data elements are combined into records, which are meaningful combinations of data elements that are included in data flows or retained in data stores.

This ultimately implies that, a data dictionary found in a computer database system typically contains the records about all the data elements (objects) such as data relationships with other elements, ownership, type, size, primary keys etc. This records are stored and communicated to other data when required or needed.

Human Resources Information System (HRIS) is simply used to gather or collect data (informations) about the employee working in an organization.

Hence, two of the different data categories for an HRIS database are information about people (employees) and information about the organization.

5 0

3 years ago

"$100 reward will be paid by Neti-pot Co. to any person who suffers from hayfever after having used the Neti-pot three times dai

Scorpion4ik [409]

Answer:

B. No, because the advertisements are an invitation to bid.

Explanation:

An advert is not legally binding as it is just a means to capture consumer attention and convince them to buy a product or service.

Advertisements are merely considered as invitations to bid so the one made by Neti-pot Co is misleading because anybody reading it will immediately assume if a consumer takes the product the way it is advertised and begin to get side effects, the company will really give out the $100 promised.

Therefore, Sheldon wont get any compensation even if she decides to sue.

She will have to bear the consequences alone.

6 0

3 years ago