LaRhonda realized and recognized gain or loss are: $45,000; $35,000.
a. LaRhonda realized gain:
Using this formula
Realized gain = (Cash + Fair market value of building + Mortgage) - Adjusted basis
Let plug in the formula
Realized gain = ($15,000 + $50,000 + $20,000) - $45,000
Realized gain = $85,000-$45,000
Realized gain = $40,000
b. LaRhonda recognized gain or loss
Using this formula
Recognized gain = Cash + Mortgage
Let plug in the formula
Recognized gain =$15,000 +$20,000
Recognized gain= $35,000
Inconclusion LaRhonda realized and recognized gain or loss are: $45,000; $35,000.
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Answer:
D
Explanation:
The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.
Answer: 9.48%
Explanation:
Given Data
Debts ;
$7 billion
$2 billion
$13 billion
Beta of Fords stock = Beta = 1.50
Market risk premium = Rp = 8.0%
Risk free rate of interest = Rf = 4.0%
Equity rate = 1.7
Market risk rate = 0.8
Risk free rate = 0.03
Therefore;
Cost of Equity ( Re ) = Risk free rate + equity rate × market risk premium
= 0.03 + (1.7 × 0.8)
= 0.166
Preferred Stock Cost ( PSC)= Dividend ÷ stock price
= 4 ÷ 30
= 0.1333
Total debt = 13 + 6 + 2 = 21 billion
D% = 13 billion ÷ 21 billion
= 0.619
E% = 6 billion ÷ 21 billion
= 0.286
P% = 2 billion ÷ 21 billion
= 0.095
RD = debt capital at 8% maturity rate
Tc= 30%
Rwac =(w/ preferred stock)
= Re × E% + PSC × P% + Rd ( 1- Tc) D%
Rwac = (0.166)(0.286) + (0.1333)(0.095) + (0.08)(1- 0.3)*(0.619)
= 0.094803 * 100
= 9.48%
At 30% tax rate Ford weighted average cost is 9.48%
Answer:
$0
Explanation:
Data given in the information
Product X is the byproduct.
In addition, the By products are recorded in the general ledger at the point of sale
So in this case, the quantity sold is considered only no other things would be recognized
Hence, in this the quantity sold and quantity produced is not recorded
Therefore , No ending inventory should be recognized in the general ledger for this by products