Answer:
Loss = $200,000
Stock basis = $700,000
Explanation:
The computation of loss and stock basis is shown below:-
Since there is exchange in deferred tax so no loss will be recognized
Stock basis = Carryover Basis - Cash received
= $1,200,000 - $500,000
= $700,000
Therefore, if Celeste sell stocks $700,000, she will be in loss of $200,000
= $700,000 - $500,000
= $200,000
<span>Shipping e-waste to developing countries would not help reduce the overall environmental impact of MSW.
E-waste is electronic waste. Waste that is made up of electronic devices such as computers, TV's, cell phones and more. These items can be salvaged, recycled, or disposed. </span>
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Sales (6,200 units) $136,400
Variable expenses 80,600
<u>The total contribution margin is the difference between the sales revenue and the total variable costs. First, we need to determine the unitary selling price and unitary variable costs:</u>
Selling price= 136,400/6,200= $22
Unitary variable cost= 80,600/6,200= $13
Now, we can calculate the total contribution margin at 5,800 units:
Total contribution margin= 5,800*22 - 5,800*13= $52,200
Answer:
return on investment = 60.50 %
Explanation:
given data
contribution margin = 18%
Sales = $447,000
net operating income = $80,460
average operating assets = $133,000
to find out
company's return on investment (ROI)
solution
we know that return on investment formula that is express as
return on investment = 
.........................1
put here value we get
return on investment = 
return on investment = 0.604962
return on investment = 60.50 %
