What is the 2016 repayment limitation for a single taxpayer who has income at a 350% poverty level?

In a "Dutch auction" for new stock, individual investors place bids for shares directly. Each potential bidder indicates the pri

aivan3 [116]

Answer:

a

Explanation:

A Dutch auction is a method for pricing shares (often in an initial public offering) whereby the price of the shares offered is lowered until there are enough bids to sell all shares. All the shares are then sold at that price. The goal of a Dutch auction is the find the optimal price at which to sell a security.

For example, let's assume Company XYZ wants to sell 10 million shares using a Dutch auction. To participate in a Dutch auction, an investor typically opens an account with Company XYZ's underwriter (usually an investment bank), obtains a prospectus, and obtains an access code or bidder identification code (Dutch auctions often occur online).

During bidding, investors indicate how many shares they're willing to buy and the price they're willing to pay. The underwriter, who acts as the auctioneer, usually starts the auction by offering a prohibitively high price for the security (say, $40 per share in this case). It then lowers the price gradually to say, $36 per share, where two bids come in for 500,000 shares. The underwriter then lowers the price again, this time to $35, and attracts 4,000,000 shares worth of bids. After lowering the price to $34, the underwriter gets another 5,000,000 shares worth of bids; then the underwriter lowers the price to $33 and gets another 3,000,000 in bids before the auction ends.

6 0

3 years ago

On January 1 of the current reporting year, Coda Company's projected benefit obligation was $29.4 million. During the year, pens

Sav [38]

Answer:

The amount of the projected benefit obligation at December 31 was $ 38.34 million

Explanation:

According to the given data, we have the following:

Beginning PBO= $29.4 million

Service cost= $9.4 million

The actuary's discount rate was 10%, hence Interest cost (10% x $29.4 million)= $2.94 million

Also, there is a Loss (gain) on PBO=$0 , and pension benefits paid by the trustee were $3.4 million.

Therefore, to calculate the amount of the projected benefit obligation at December 31 we would have to use the following formula:

Ending PBO=Beginning PBO+Service cost+Interest cost-pension benefits

=$29.4 million+$9.4 million+$2.94-$3.4 million

=$38.34 million

4 0

3 years ago

Which of the following transactions would NOT be acceptable to the IRS as a means of switching the taxable income to another tax

hodyreva [135]

Answer:

B) Transferring interest income from a taxpayer's investment to his young daughter

Explanation:

If you want to pay less taxes there are two basic ways that you can do it:

moving income (and deductions) to a more favorable tax jurisdiction, e.g. many multinational corporations did this by setting foreign headquarters that managed sales outside the US
moving income form a tax payer that falls under into a high tax bracket to another taxpayer that falls under a lower tax bracket, e.g. giving stock to your children as a gift

5 0

3 years ago

Which one of the following statements is not true about statements of cash flows prepared according to U.S. GAAP?a. The operatin

Nutka1998 [239]

Answer:

The correct answer is b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash

Explanation:

Indirect method make adjustment to reconcile the net income to cash. It depends on the account if it is added or subtracted to net income.

We are going to analyze the options

a. The operating section of the indirect method starts with the net income of the period TRUE

b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash

FALSE, depreciation is not a source of cash

c. Interest payments are included in the operating section of the direct method statement

TRUE

d. The investing section of the direct method statement for a period is identical to the investing section of the indirect method statement for the same period TRUE

4 0

3 years ago

if you have a successfully crowdfunded product and you know you are going to miss your advertised ship date, what should you do?

alina1380 [7]

If you have a successfully crowdfunded product and you know you are going to miss your advertised ship date, what you should do is: C) Be honest; alert your backers and notify others through the crowdfunding site.

<h3>What is a product?</h3>

A product is any physical object (tangible item) that is typically produced by a manufacturer in order to satisfy and meet the demands, needs or wants of every customer.

<h3>What is crowdfunding?</h3>

Crowdfunding can be defined as a strategic process which typically involves obtaining small amounts of capital or money (funds) from a large group of individuals, usually over the Internet, in order to finance a new project, business venture or product.

In this scenario, the best thing to do is being honest, especially by alerting your backers, guarantors, and all of the people who provided the fund through the crowdfunding site.

Read more on a crowdfunding here: brainly.com/question/21940014

#SPJ1

Complete Question:

If you have a successfully crowdfunded product and you know you are going to miss your advertised ship date, what should you do?

A)Do nothing.

B)Change the date on your crowdfunding site but do not draw attention to it.

C)Be honest; alert your backers and notify others through the crowdfunding site.

D)Shift the blame to someone else (manufacturers, distributors, suppliers, etc.).

3 0

1 year ago