Answer:
21.26%
Explanation:
Overall rate of return = Total amount of dollar returns / Total investment
Overall rate of return = [($18,000 * 26%) + ($22,000 * 15%) + ($70,000 * 22%)] / $110,000
Overall rate of return = ($4680 + $3300 + $15400) / $110,000
Overall rate of return = $23,380 / $110,000
Overall rate of return = 0.21255
Overall rate of return = 21.26%
Answer:
A. Tax refund $2,100
B. $18,000
Explanation:
A. Calculation for Alto's tax refund from the carryback of its current year capital loss
Based on the information given we were told that Alto has the amount of $28,000 ( 13,000-41,000) as a net capital loss that is non deductible this year which means Alto can
carry the loss back 3 years in order for Alto to deduct against net capital gain in those 3years.
Secondly Alto can as well remove the amount of $10,000 capital loss that was carryback against capital gain 3 years ago in order to have the amount of $2,100 as tax refund which is calculated as ($10,000 × 21%)
B. Computation of Alto's capital loss carryforward into next year.
Alto’s capital loss carryforward = ($28,000 − $10,000).
Alto’s capital loss carryforward =$18,000
Therefore Alto’s capital loss carryforward will be $18,000
Answer:
The correct answer is letter "D": dividends.
Explanation:
A Dividend is a corporate cash payout to its stakeholders. It is a form to distribute earning among investors who profit from the ownership of stocks. The payment is proportional to the number of stocks investors have and the price companies pay per share -usually fixed. Those payments could be provided quarterly, semi-annually, or once a year.
Complete Question:
As compared to a traditional income statement format, an income statement organized by cost behavior does not include:
a contribution margin.
b cost of goods sold.
c operating income.
d revenues
Answer:
As compared to a traditional income statement format, an income statement organized by cost behavior does not include:
b cost of goods sold.
Explanation:
Cost behavior describes the classification of costs into four main patterns because of the way they respond to changing activity levels. The four basic cost behavior patterns are fixed, variable, mixed (semi-variable), and step. These cost behavior patterns remain valid within the relevant production and sales range or activity level or volume.
Answer:
Limited Liability. A Private Limited Company is a legal entity in its own right, allowing the business owner to keep their assets separate from the business itself. ...
Limited Liability. ...
Professional Reputation. ...
Administration. ...
Legal Duties.
