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mylen [45]
3 years ago
12

Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for inves

tment or use in a trade or business. Taxpayers must defer gain or loss realized on the exchange of like-kind property.True / False.
Business
1 answer:
lubasha [3.4K]3 years ago
6 0

Answer:

True

Explanation:

Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for investment or use in a trade or business.

However, Taxpayers must defer gain or loss realized on the exchange of like-kind property.

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The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after
laila [671]
<h3>Hello there!</h3>

Your question asks what would be the current stock price.

<h3>Answer: D). $33.50</h3>

In order to find the solution to your question, we're going to need to find how much growth the stock made in 3 years, and see how much it grew by 6% after the 3 years. WE also need to calculate the "rs" into the stock price.

Lets solve:

D = Dividend

(Numbers next to D) = Years

D0 = 1.25\\\\ \text {We would multiply 1.25 by 1.15}\\D1 = 1.25*1.15 = 1.44\\\\D2 = 1.44*1.15 = 1.66\\\\D3 = 1.66*1.15 = 1.91\\\\ \text {We would now multiply by 1.06}\\\\D4 = 1.91*1.06 = 2.02\\\\\text {Price of stock at end of Year 3} = (2.02)/(.11-.06) = 40.40\\\\\text {Current Price of the stock} = \\1.44/1.11 + 1.66/(1.11^2) + (1.91+40.40)/(1.11^3) = 33.58

Once you're done solving, you should get 33.58. Since it's not an answer choice, we'll just choose the one that's close to it.

Therefore, you should get the answer D). $33.50

Answer choice D). $33.50 should be your FINAL answer.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
The Cash account of Safety Security Systems reported a balance of $ 2 comma 450 at December 31​, 2018. There were outstanding ch
Tanya [424]

Answer:

You can prepare a bank reconciliation by starting with the balance as per the company's books, and undoing all entries that were entered in the books but are not yet reflecting in the bank statement, and then adjusting for all entries that are in the bank statement that were not recorded in the company's books as you would have entered them if given the chance to record them as shown below:

Explanation:

Balance as per cash account  2,450  

add back outstanding checks  1,800  

less deposit in transit                    (400)

add receipt from Wayne Brown     530  

less service charge                     (30)

Add interest earned               <u>       20  </u>

Balance as per Bank Statement <u> 4,370  </u>

6 0
3 years ago
How to calculate marginal tax rate effective tax rate and average ​
maw [93]
The marginal tax rate is the number that the government sets for people to pay. The effective tax rate is the number that people actually pay for their taxes after deductions.
3 0
3 years ago
Suppose that there are significant costs associated with coordinating a subsidiary with the parent organization and assessing th
sergeinik [125]

Answer:

a. subsidiary production

Explanation:

Subsidiary production occurs when a company that produces a particular product is an affiliation of another.

A subsidiary is referred to as a company owned by another. The owning company is normally called the holding company. The subsidiary operates just as the way it should, the holding company just perform oversight function.

3 0
3 years ago
Read 2 more answers
As prosperity and economic development rise, ________ increases as well.
crimeas [40]
As prosperity and economic development rise, individualism increases as well.

Individualism refers to the freedom of someones actions. If the economy is doing well and someone has more money, they are more likely to spend their money freely. The person has moral worth as an individual. 
4 0
3 years ago
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