Answer:
F. None of The Above
Explanation:
Real property located in the United States exchanged for foreign real property (and vice versa) does not qualify as like-kind property.
Answer:
The answer is option (b)$4,000
Explanation:
Solution
Given that:
Now
The income of George and Martha is =$119.650
For year 2019 child tax credit is $2,000 per dependent child subject to a minimum income of $2,500.
The Income limit for Married Jointly Filed is= $400,000.
Thus
They are eligible for $2,000 tax credit per child.
So,
Tax Credit = $2,000 * 2
= $4,000
Note: The AGI limit phaseout begins at $400000 for joint tax filers
Group of answer choices.
A. the supply curve, resulting in a lower equilibrium price.
B. the supply curve, resulting in a higher equilibrium price.
C. the demand curve, as consumers try to economize because of the shortage.
D. the demand curve, resulting in a price ceiling in the market.
Answer:
B. the supply curve, resulting in a higher equilibrium price.
Explanation:
In this scenario, a severe freeze has damaged the Florida orange crop. Thus, the impact on the market for orange juice will be a leftward shift of the supply curve, resulting in a higher equilibrium price.
An equilibrium price can be defined as the price at which the quantity of goods demanded is equal to the quantity of goods supplied.
Additionally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.
Answer:
The interest rate is higher in the US.
Explanation:
The forward price is calculated using the following formula,
F= S ( 1+Rd / 1+Rf)^t
where,
- F = Forward rate
- S = Spot rate
- Rd = Nominal interest rate in domestic market
- Rf = Nominal interest rate in foreign market
- t = time in years
We consider that the domestic market is the US and the domestic currency is the USD. Thus, it is a direct quote where 1 EUR = 1.3 USD
The forward price ER is more than the Sport ER only when the interest rate in domestic market is more than the interest rate in foreign market and as a result, the value of domestic currency against a foreign currency in the forward market depreciates.
We can see this by the following example,
Say Spot rate is $1.3 per 1 EUR and the interest rate in US is 10% while that in Euro zone is 5%. When we calculate the forward ER we will see that 1 EUR will buy us more USD in forward (more than 1.3 USD)
F= 1.3 * (1.1 / 1.05)^1 => $1.362 PER 1EUR
Answer:
Return from dividend yield= 2.0%
Capital gain = 16.4%
Explanation:
The return on a stock is the sum of the capital gains(loss) plus the dividends earned.
<em>Capital gain is the difference between the value of the stocks when sold and the cost of the shares when purchased.
</em>
Total shareholders Return =
(Capital gain/ loss + dividend )/purchase price × 100
The total return can be broken down into
<em>Dividend yield = Dividend/price × 100</em>
= 1.03/51.41 × 100
=2.0%
<em>Capital gain = capital gain/ price × 100</em>
= (59.82 - 51.41)/51.41 × 100 = 16.4%
