Answer:
$11.38
Explanation:
For this specific asset, it can be calculated that the offering price is $11.38 . That is because the offering price includes a 6% front-end load, this means that for every dollar that is paid only $0.94 actually goes to the purchase of the share. Therefore we can do the following calculations ...
$10.07 / (1 - 0.06) = $11.38
Making the final offering price $11.38
Answer:
The right answer is "$9,000". A further explanation is given below.
Explanation:
The given values are:
Rex paid dividends,
= $300,000
Reported earnings,
= $900,000
Investment,
= 30%
Taxable rate applicable,
= 25%
Now,
Throughout the future years, the amount of dividends taxable will be:
=
= ($)
Dividends received deduction will be:
=
= ($)
then,
Net taxable dividend will be:
=
=
hence,
Deferred tax liability will be:
=
= ($)
Answer:
The answer is: Inventory cost is $4,900
Explanation:
ACB Manufacturing purchased $6,000 worth of merchandise with credit terms 2/10 or n/30. This means that if the company pays its debt within 10, it will receive a 2% discount.
It returned $1,000 worth of defective merchandise, decreasing its total debt to $5,000. Since ACB Manufacturing paid its debt within the first ten days, it got a 2% discount. It paid a total of $4,900 for the merchandise, so that should be its inventory cost.
When sugar increases, The Company will Produce less ice cream at a higher price