Answer: Paul has a taxable dividend of $15,000.
Explanation:
From the question, we are informed that ABC Corporation has E & P of $240,000 and distributes land with a fair market value of $70,000 (adjusted basis of $25,000) to its sole shareholder, Paul. We are further informed that the land is subject to a liability of $55,000.
The taxable dividend will be the difference between the fair market value of land and the liability on the land. This will be:
= $70,000 - $55,000
= $15,000
Therefore, Paul has a taxable dividend of $15,000.
B. Employers are willing to pay more for those skills.
Answer:
Present Value = $22,663.69
Explanation:
<em>The present value of a sum expected in the future is the worth today given an opportunity cost interest rate. In another words ,it is amount receivable today that would make the investor to be indifferent between the amount receivable today and the future sum.</em>
The present value of a lump sum can be worked out as follows:
PV = FV × (1+r)^(-n)
PV - Present value - ?
FV - Future value - 26,800
r- Interest rate per period - 4.28%
n- number of periods- 4
PV = 26,800 × (1.0428)^(-4)=22,663.69
PV = $22,663.69
Answer:
17.37%
Explanation:
The Internal rate of return is the interest rate that gives the same present value as the amount of initial investment for
Calculation of IRR
($200,000) CFO
$44,503 CF1
$44,503 CF2
$44,503 CF3
$44,503 CF4
$44,503 CF5
$44,503 CF6
$44,503 CF7
$44,503 CF8
$44,503 CF9
$44,503 CF10
the project's internal rate of return (IRR) is 17.37%
Answer:
I'm not really sure but you can definitely google the highest paid jobs there.