Form10-Q is the SEC filing form that accompanies quarterly financial report and might be what you are referring to.
Answer:
after-tax rate of return from this investment = 6.48 %
Explanation:
given data
invested = $250,000
interest 1 = 7%
interest 2 = 9%
marginal tax rate = 24%
to find out
after-tax rate of return from this investment
solution
we know that after-tax rate of return from this investment will be here
after-tax rate of return from this investment = [ ( 1 - marginal tax rate ) × ( investment × interest 2) ] ÷ investment ...........................1
put here value we get
after-tax rate of return from this investment = [ ( 1 - 0.28 ) × ( $25000×0.09)] ÷$25000
so
after-tax rate of return from this investment = 0.0648
so
after-tax rate of return from this investment = 6.48 %
Answer:
$28,000
Explanation:
Data provided in the question:
Cost of the building purchased = $140,000
Estimated salvage value = $8,000
Expected useful life = ten years
Now,
Annual rate of depreciation using the double-declining-balance method
= 2 × [ 100% ÷ (Useful life )]
= 2 × [ 100% ÷ 10 ]
= 2 × 10%
= 20% or 0.20
Therefore,
Depreciation expense for 20X1 = Cost of building × Rate of depreciation
= $140,000 × 0.20
= $28,000
Answer:
10.2%
Explanation:
Total annual dividends $2,500,000
the actual dividends received deduction is 80%, but since the question states that it is 70%, we must subtract 70% of $2,500,000 = $750,000
the company will be taxed only on $750,000 of dividends that it received:
total taxes paid = $750,000 x 34% = $255,000
effective tax rate = total taxes paid / total dividends received = $255,000 / $2,500,000 = 10.2%
Answer:
a. Revenue - Income Statement
b. Common Stock - Balance Sheet
c. Current liabilities - Balance Sheet
d. Long-term Debt - Balance Sheet
e. Dividends - Statement of Shareholder Equity / Statement of Retained Earnings
f. Ending Cash Balance - Balance Sheet
g. Adjustment to reconcile net income to net cash provided by operations -Statement of Cash Flows
h. Cash spent to acquire the Buildings - Statement of Cash Flows
i. Income tax expense - Income Statement
j. Ending Balance of retained earnings - Statement of Shareholder Equity / Statement of Retained Earnings / Balance Sheet
k. Selling general and administrative expenses - Income Statement
l. Total Assets - Balance Sheet
m. Net Income - Income Statement / Statement of Shareholder Equity / Statement of Retained Earnings
n. Income tax payable - Balance Sheet