Answer:
How much of the loss can Carlos deduct if the loan from the bank is non-recourse?<u> No deduction because he is not personally liable for debt or loan used in the trade that holds real property.</u>
How much does Carlos have at risk at the end of the first year? <u>$30000</u>
Staying connected with an old friend is not danger
Answer:
Explanation:
Given:
Excess cash = $218,500
Assets = $897,309
Equity = $547,200
outstanding shares of stock = 40,000
Net income = $59,800.
Repurchase program = 15% of excess cash
Book value per share (price per share) = equity/number of shares
= $547200/40000
= $13.68 per share
Total cost of repurchase program = percentage of excess cash used × value of excess cash
= 15/100 × 218500
= $32775
Total number of shares bought in repurchase program = total cost of the repurchase program/price per share
= $32775/$13.68
= 2395.8 shares
= 2395 shares
Answer:
Explanation:
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The great economic problem is how to arrange our limited resources to satisfy as many of our wants as possible. Resources are not equally valuable in all uses, so we must choose where to allocate our resources in order to get the most value out of those resources
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<span>Global Information System (GIS) is the system that incorporates all the technologies and applications found in a typical information system to gather, store, manipulate, and transmit data across cultural and georgraphic boundaries.</span><span>
The statement that a global information system (GIS) remains unaffected irrespective of a company's size and business needs is false.</span>