Answer:
Option 3
Explanation:
Earnings & profits (E&P) is the measure of a corporation’s economic ability to pay dividends to its shareholders. An up-to-date E&P calculation is important for many corporate transactions, including determining whether a distribution to shareholders is a taxable dividend.
The E&P allocated to Andrew's distribution
= 160,000 * 150,000/(350,000+150,000)
= 160,000 * 150,000/500,000
= 48,000
Option C
Answer:
B. $14,600
Explanation:
The annual cash inflows associated with the machine can be found by the following expression, where 'r' is the company's discount rate of 12% and 'n' is the useful life of the equipment of 18 years:
Annual cash inflows are $14,600.
Answer:
The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.
Explanation:
Stock market specialists execute purchase or sale orders commissioned by a stockbroker. In the same way, when there are not enough buyers or sellers, specialists buy or sell on their own against the market trend. That is, they have the obligation to buy when there is not enough demand and the obligation to sell when there is not enough supply, in order to provide stability and liquidity to the market. Specialists play a role comparable to that of an air traffic controller: just as air traffic controllers are in charge of maintaining order among aircraft in flight, specialists maintain a fair and orderly market in the values assigned to them.
Answer:
The numeric response for the question using real numbers rounded to one decimal place is given as below.
Explanation:
Tax incidence for almonds is (12 / (12 + 0.47)) = 0.96
for cotton (0.73 / (0.73 + 0.68)) = 0.52 and
for processing tomatoes is (0.64 / (0.64 + 0.26)) = 0.71
11.5 days, assuming none of the burgers expire before then.
