Answer:
$36,333.11
Explanation:
The current cost of the wedding can be found by finding the present value of the discounted cash flows.
Present value is the sum of discounted cash flows.
Present value can be found using a financial calculator
Cash flow in year 0 = $10,000
Cash flow in year 1 = $17,000
Cash flow in year 2 = 0
Cash flow in year 3 = $12,000
Discount rate = 5.5%
Present value = $36,333.11
I hope my answer helps you
Answer:
Deduction = $8.7 million
Business interest carry forward = $1.8 million
Explanation:
given data
average gross receipts = $50 million annually
net business interest = $10.5 million
adjusted taxable income = $29 million
solution
we know as per the amended rule for the interest deduction and carry forward is
Sum of following will be allowed as deduction:-
- Business interest income for the taxable year
- 30℅ of Adjusted taxable income of the tax year
- The taxpayer's floor plan financing interest paid
and here limit is applicable for all but except average annual gross receipt which is less than the $25 million
so that company have average annual receipt limit is applied.
and Deduction will be
Deduction = 30℅ of Adjusted Taxable income
Deduction = 30℅ of $29 million
Deduction = $8.7 million
and
Business interest carry forward = Actual - deduction allowed
Business interest carry forward = $10.5 million - $8.7 million
Business interest carry forward = $1.8 million
Answer:
The firm's expected rate of return is 9.9%
Explanation:
Please see attachment .
Answer:Quid pro quo case
Explanation:
Qui pro quo is a Latin word which simply means "something for something", that is an exchange of wants of great values.
Anita asked for sexual favour from her employee, Bert, in exchange for him to retain his position as the manager but his refusal caused him to lose his position as the manager to a common secretary.
Quid pro quo indicates that an something has been traded in return for something of value. Quid pro quo exist in a business organization when the business owner propose to promote an employee if he/she could fulfill their desires. In the case of Anita and Bert, the desire could be seen as 'sexual desires' in other words, sexual harassment by Anita to her employee.