Answer:
Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit is $390,000.
Explanation:
Given the data in the question;
Nathan and Diana are married and they have 3 married children, meaning Nathan and Diana also have 3 daughters/sons in law married to their children. In addition, they have 7 minor grand children.
Number of donees will be ⇒ 3 + 3 + 7 = 13
Now, we know that; The annual gift tax exclusion for 2019-2020 is $15,000 per donee or individual for every tax payer while that of married couple is $30,000.
Meaning Nathan and Diana can give $30,000as a gift to each of their family members without using any of their unified transfer tax credit.
Hence,
Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit will be;
⇒ 13 × $30,000
= $390,000.
Answer:
$26,800
Explanation:
Sales revenue after further processing:
= Units produced from each ton of clypton × Selling price per unit
= 7,300 × $15
= $109,500
Sales revenue at split off point:
= Units produced from each ton of clypton × Selling price per unit
= 7,300 × $10
= $73,000
Incremental revenue:
= Sales revenue after further processing - Sales revenue at split off point
= $109,500 - $73,000
= $36,500
Incremental profit = Incremental revenue - Incremental cost
= $36,500 - $9,700
= $26,800
Therefore, financial advantage (disadvantage) of further processing product X15 is $26,800.
Answer:
The answer is: There was no consumer surplus in this situation.
Explanation:
consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a good or service and the actual price of the good or service.
In this case there was no consumer surplus, since Stacey was willing to pay only $2 for a bottle of mineral water and its price was $2.25, so she didn't buy it.
Answer:
decline stage
Explanation:
In this stage the company has already took the benefits of issuing stocks as a way of funding. Had managed to make great investments, alliances, projects, that lead to a powerful market position. Then, having their stocks shared with lots of stakeholders is more a burden than a blessing. For this reason, they prefer to consolidate the control of the company as they don’t see valuable opportunities in the future market scenarios.
