Answer:
$1,250,000
Explanation:
Given that
Cash compensation = $2,500,000
The computation of Wanda's compensation is deductible is shown below:-
Wanda's compensation is deductible = cash compensation × deductible percentage
= $2,500,000 × 50%
= $1,250,000
Therefore for computing the Wanda's compensation is deductible by Pink corporation we simply multiply the cash compensation with deductible percentage.
Answer:
The price of the stock today is $21.58
Explanation:
The dividend is growing by three different growth rates. Thus, the three stage growth model of DDM will be used to calculate the price of the share today. Under DDM approach, we discount the expected dividends by the required rate of return to estimate the fair value of the stock today. The terminal value is calculated when the dividend growth becomes constant forever. To calculate the price of the stock today, we use next period's dividend D1.
The price per share = D1 / (1+r) + D2 / (1+r)^2 + ... + [(Dn * (1+g) / r - g) / (1+r)^n]
Price per share = 2 * (1+0.06) / (1+0.12) + 2 * (1+0.06) * (1+0.04) / (1+0.12)^2 + [(2 * (1+0.06) * (1+0.04) * (1+0.02) / (0.12 - 0.02) / (1+0.12)^2]
Price of stock today = $21.578 rounded off to $21.58
I’m pretty sure it was Shawn Michaels or Bret hart
Answer:
The amount might exclude $18,200 from the Gross Income.
Explanation:
The gross income is the amount which the person earn or gain before anything is taken out or deducted for the taxes or the other deductions.
So, in this case, the Gross income is as follows:
The person received the scholarship worth $28,000, out of which he spend $16,800 on tuition, %5,600 on room, $4,200 for the personal expenses and $1,400 on books and supplies.
From all the expenses which will be excluded from the Gross Income are the amount of fees and the amount spent on books and supplies as these are required for the course.
So, the amount which is excludable from Gross Income is:
Amount which is excludable = Tuition + books
= $16,800 + $1,400
= $18,200
I believe it’s false
I’m sorry if I’m wrong
