Answer: $252 Gain and $93.24 Tax.
Explanation:
To calculate her gain, the gain she accrued from selling the shares AFTER exercising the options shall be used to calculate,
= Sales Price - Price when exercised
= 23 - 20
= $3
Given that she received 12 NQOs with each giving her the right to purchase 7 shares we have,
= 3 * 12 * 7
= $252
Maren realized a gain of $252.
Subject to a tax rate of 37% we have,
= 252 * 0.37
= $93.24
$93.24 is Payable in tax by Maren.
Answer:
depreciation expense 2017 = $180,000
depreciation expense 2018 = $144,000
depreciation expense 2019 = $115,200
Explanation:
purchase cost $900,000
estimated useful life 10 years
depreciation expense using double declining method = 2 x regular straight method depreciation rate x purchase cost
depreciation expense 2017 = 2 x 1/10 x $900,000 = $180,000
depreciation expense 2018 = 2 x 1/10 x $720,000 = $144,000
depreciation expense 2019 = 2 x 1/10 x $576,000 = $115,200
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
In a large open economy, the source of the demand for loanable funds comes from domestic investment and net capital outflow.
<h3>What is an Open economy</h3>
An open economy refers to a type of economy where not only domestic factors but also entities in other countries participate in trade of goods and services.
Trade in an open economy can be in the form of managerial exchange, technology transfers, and all kinds of goods and services.
Learn.more about an open economy at brainly.com/question/23160076
Answer:
finished cost = $200,000
inventory cost=$250,000
manufactured cost= $600,000
cost of good= beginning inventory+purchase during period cost- ending inventory
$600,000+$200,000-$250,000
$550,000
