Answer:
What amount of the rebates, if any, can Big Homes deduct this year?
$19500
Explanation:
$19,500 if this amount is not material, Big Homes could continue offering rebates in next sells, in addition expects to pay the accrued rebates before filing their tax return for this year.
Answer:
The dirty price of a bond is referred to:
- The actual price of the bond.
- Also the cash flows in futureand its values.
Explanation:
Dirty price of bond: The dirty price of bond is referred to the actual and present value of the bond.
Also is referred to the present value of the bonds or the future cash flows.
In financial terms a dirty price of bond is said to be the bond's price which is including all the interests which has been added up since the most recent payment of the coupon.
Price quote of a bond: The price quote of a bond is referred to bond's clean price as it does not affects or reflects on all the interests which have been calculated for the bond since of its most recent coupon payment.
Bonds gets always quotes in terms of clean price but the financial investos always pay them in terms of Dirty price until the bond has to be purchased on the given date of coupon's payment.
Answer:
c. $524,000 and $250,000
Explanation:
See the attached picture for detailed explanation.
Answer:
EPS = $4.50
diluted EPS = $2.46
Explanation:
no option is correct since EPS = $4.50, and the rest of the options are all higher amounts. Diluted EPS are always smaller than EPS.
common stock outstanding = 1,000 stocks
bonds shares (diluted) = 1,000 stocks
net income = $4,500
bond interest = $10,000 x 6% x (1 - 30%) = $420
diluted earnings per share = ($4,500 + $420) / (1,000 shares + 1,000 shares) = $4,920 / 2,000 shares = $2.46
Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
