The answer in the space provided is the buyback clause. The
buyback clause is a sort of contract that has provision in which the seller has
rights of having to purchase his or her own property with the use of rules or
conditions.
The US internal revenue service taxes the taxable income of corporations as well as the taxable investment income of the firms’ shareholders' double taxation of dividends.
Revenue is the entire quantity of income generated by means of the sale of products or services related to the organization's number one operations. Revenue, additionally known as gross income, is regularly known as the "top line" as it sits at the pinnacle of the income declaration. Profits, or net earnings, are an agency's general profits or income.
In accounting, revenue is the entire quantity of profits generated by using the sale of goods and services related to the primary operations of the business. commercial sales will also be known as income or as turnover. Some corporations get hold of sales from interest, royalties, or different expenses.
Whilst comparing sales vs income you have to understand that “sales” refers to the total amount of cash a company generates before getting rid of any fees. “income”, then again, is equal to sales minus the fees of doing commercial enterprise, which include depreciation, hobby, taxes, and other expenses.
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Answer:
A. I and III
Explanation:
Capital gains on the municipal securities are taxable at the Federal, State and Local Level. Only the interest income from the municipal securities will be exempted from the Federal income tax.
Answer:
c. $8.05
Explanation:
Calculation to determine What is the value of this stock at a required return of 16.4 percent
First step is to calculate the P2
P2 = ($1.35/.164)
P2= $8.23
Now let calculate the value of the stock
P0 = [$1.23 /1.164] + [($1.25 + 8.23)/1.164^2]
P0 = $8.05
Therefore the value of this stock at a required return of 16.4 percent is $8.05