Answer:
The difference in tax to be paid between the two methods is $455
Explanation:
In this question, we are asked to calculate the difference in tax for the LIFO and FIFO method.
The matter of importance here is that the tax rate is 35%. We proceed as follows:
For the FIFO income, the tax rate is 35% of 8,600 = 35/100 * 8600 = $3010
For the LIFO method, the tax rate is 35% of $7,300 = 35/100 * 7,300 = $2,555
The difference in tax that would be paid between the two methods is 3010-2555 = $455
honestly you would need all of them because they are very important to have as you get older
As prosperity and economic development rise, individualism increases as well.
Individualism refers to the freedom of someones actions. If the economy is doing well and someone has more money, they are more likely to spend their money freely. The person has moral worth as an individual.
Answer:
Cost of equity will be 12.96 %
Explanation:
We have given current price of the stock = $32.45
Expected dividend 
in one year
Growth rate 
We have to find the cost of equity
Cost of equity is given by
Cost of equity 
= 12.96 %
