Answer:
before tax 305,500
tax expense 48,880
after tax 300,620
Explanation:
income from continuing operations of 319,000
Capital gain 33,500
understatement of 2016 income 20,000
loss on available-for-sale securities. (58,800)
discontinued operations <u> (8,200) </u>
Total other comprehensive income 305,500
tax expense 16% <u> (48,880) </u>
net 300,620
We will list each transaction, notice the understatement of 2016 income means the company recognize a lower income than it should, so we increase the other comprehensive income.
Answer:
The inspection point is the stage of the production cycle where products are checked to determine whether they are acceptable or unacceptable units
Explanation:
Answer:
9.09%
Explanation:
The required return of ZYX, Inc shall be determined using the following mentioned formula:
r=[d(1+g)/MV]+g
In the given question
r=required rate of return of ZYX, Inc=?
d(1+g)=next dividend payment to be made by the ZYX, Inc=$2.95
MV=current selling price of share=$58
g=growth rate of dividend=4%
r=required rate of return=[$2.95/$58]+4%
r=required rate of return=9.09%
He said that he was going to <span>provide consulting services for small businesses that ask for it for free</span>
Answer and explanation:
I disagree. It is a fact that developing countries cannot keep the pace of developed countries when it comes to producing technological inventions because of the differences in resources -capital and knowledge. However, everyday technology is faster at the reach of people's hands regardless of where they are located in the world. It is indeed bridging the technology access developing countries have with the developing countries. It now depends on developing countries in finding out how they use that technology to improve the masses' lifestyles.