Answer:
$2,300
Explanation:
Assuming that the requirements for qualified plan awards are otherwise satisfied, each award by itself would be excluded from income.
The excludable amount or deduction is $1,600 out of total amount of awards.
Total amount of awards = Design + Graphic + Employee of the year
= $1,340 + $1,775 + $785
= $3,900
Taxable awards = Total amount of awards – Excludable amount
= $3,900 – $1,600
= $2,300
However, because the $3,900 total value of the awards is more than $1,600, Keren must include $2,300 in his taxable income.
Answer:
The note payable will be presented in the financial statement at the face amount minus a discount calculated at the imputed interest rate.
Explanation:
The imputed rate is the rate at which the present value of the face amount of the note will be equal to the amount at which it is originally recorded.
Notes issued or received in exchange for goods or services that do not bear interest at a fair rate are reported at an amount equal to the fair value of the note, the fair value of the goods or services, or the present value of the note using a fair interest rate, whichever is more readily determinable.
The difference between the recorded amount and the face value is considered a discount and the applicable interest rate regardless of which method is used to value the note.
Because of this, the note is reported at its face amount minus a discount calculated at the imputed interest rate.
Pulsing advertising does exactly that, continuous advertising year round and then a bump in advertising when sells peak. Pulsing<span> combines </span>flighting<span> and continuous </span><span>scheduling.</span>
Answer:<em> </em><em>Therefore, the cost of preferred stock is </em><em>17.72%.</em>
Given:
Selling price (preferred stock) = $21
Annual dividend = 3.5%
Flotation costs = $1.25
We can compute the cost of preferred stock as:
Cost of preferred stock = 3.5 / ($21 - $1.25)
Cost of preferred stock = 17.72%
<u><em>The correct option is (b)</em></u>
