What are the other questions called?
Answer: $5,000
Explanation:
First of all John's tax basis in Candy Apple is $20,000 and the losses are $30,000. $10,000 of the loss will therefore be suspended as it is more than his tax basis.
Of the remaining $20,000, a further $10,000 will be deducted due to his at-risk amount being $10,000 which means he can only be charged that $10,000.
As John is a limited partner in both Candy Apple and Red Tomato, this means that these are Passive incomes or losses for him and he can use then to offset one another. He will therefore use the $5,000 gained from Red Tomato to offset some of the losses from Candy Apple.
This leaves him with $5,000.
Answer:
a. 7400 U
b. 4120 U
Explanation:
A.Calculation to determine the labor rate variance for the month
Using this formula
Labor rate variance=(SR-AR) * AH
Let plug in the formula
Labor rate variance=[20.60-(153,180/7400)]*7400
Labor rate variance=(20.60-20.70)*7400
Labor rate variance=0.1*7400
Labor rate variance=7400 U
Therefore is Labor rate variance 7400 Unfavorable
b. Calculation to determine the labor efficiency variance for the month
Using this formula
Direct Labor Efficiency Variance = (Actual Direct Labor Hours Worked * Standard Labor Rate) - (Units Produced * Standard Direct Labor Hours per Unit * Standard Labor Rate)
Let plug in the formula
Direct Labor Efficiency Variance = (7400 hours x $20.60) - (1500 units x 4.8 hrs* $20.60)
Direct Labor Efficiency Variance = $152,440 - $148,320
Direct Labor Efficiency Variance = $4,120 UnFavorable
Therefore the labor efficiency variance for the month is $4,120 UnFavorable
Answer:
The correct answer is $1.2 per share.
Explanation:
According to the scenario, the computation of the given data are as follows:
Interest expense of Bonds = $20,000 × 4% = $800
Now, Interest expense of Bond, After tax = $800 × ( 1 - 50%) = $800 × 0.50
= $400
So, we can calculate the diluted earning by using following formula:
Diluted Earning = (Net income + Interest expense after tax) ÷ Total outstanding shares outstanding
Where, Total outstanding shares = 1,000 shares + 1,000 shares = 2,000 shares
By putting the value, we get
Diluted earning = ($2000 + $400 ) ÷ 2,000
= $1.2 per share
Answer:
A) perceived value
Explanation:
Perceived value is how a customer values the product he purchased compared to what his expectations about the product were and how he compares that product to similar products available from competitor firms.
Jeremy was probably very enthusiastic about his new cell phone and expected it to be a very good cell phone. But once he started using it he found out that it wasn't as good as he expected it to be. This usually makes consumers very unhappy, it's much better for a product to be better than expected, than worse than expected.
