Answer:
$3500 is deductible
Explanation:
The question is not complete . Please see the solution below :
The Investment Interest expense can be set off against Net Investment income ( Interest income - Investment expenses i.e $25000-$2000=$23000) to the extent and the remaining is carried forward to the next year. so here the investment interest expense is wholly set off against the interest income i.e $3500 is deductible
Answer:
Buyers will bear most of the burden of the tax
Explanation:
Hope it helps
In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.
<h3>What is strategic planning?</h3>
When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.
Hence, strategic planning holds true regarding the given situation.
Learn more about strategic planning here:
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Answer:
cultural elements of a company
Explanation:
distinctive personality
<span>If Hodgkiss corporation plans to declare extra dividend out of $25,960 then a dividend of $5.90 shall be declared and EPS shall remain $2.80 since number of shares outstanding continues to be 4400. and PE ratio would be 95 divided by $2.80 i.e.33.93.
In case of repurchase, at a share price of $95, with $ 25960 company can repurchase 273 shares, resulting in 4127 number of outstanding shares in the market.
Company's earning is $2.8*4400= $12320.
With number of shares outstanding at 4127, new eps would be $12320 divided by 4127 i.e. $2.98.
New PE ratio would be $95/$2.98 i.e. 31.88</span>
