Answer:
$0
Explanation:
Velma's standard deduction for 2019 is $12,200, since it is higher than her actual income ($12,000 ≥ $10,000), Velma will not pay any income taxes. If Velma made the mistake of making an itemized deduction, she would end up paying taxes, but no one would make that type of mistakes.
Answer: 0+0=0 (Thank youuuu for the points)
Answer:
Required return on stock = 13.44%
Explanation:
We know,
The required return on the company's stock = Risk-free rate of return + (Expected return on the market - Risk-free rate of return) x beta
= + () x b
Given,
Beta, β = 1.14;
Risk-free return, = 3.33%
Return on the market, = 12.20%
Putting the numbers on the formula, we can get,
The required return on the company's stock = 3.33% + (12.20% - 3.33%) x 1.14
required return on stock = 3.33% + 10.1118%
required return on stock = 13.44% (Rounded to two decimal places)
Answer:
B)$330,000
Explanation:
Jeff contribute
cash 50,000
land 310,000
with a mortgage of 30,000
Total contribution
assets 360,000
liabilities (30,000)
<u>total 330,000</u>
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The entry to record the land will be:
Land 310,000
Mortgage payable 30,000
Jeff Capital Account 280,000
The land is recorded, the parthnership assumes the mortage and the remainder goes into Jeff Capital Account.
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