Answer:
$185,000
Explanation:
According to the given situation, the computation of gain is shown below:-
Recognized gain = Amount realized—stock - Adjusted basis of property transferred
= $200,000 - $15,000
= $185,000
Therefore, for computing the recognized gain we simply applied the above formula.
Hence, the gain realized on the transaction is $185,000
Answer
Financial advantage from further processing $31
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
<em> $</em>
Sales revenue after the split off point( 64+64) 128
Sales revenue at the split-off point (16+47) <u> 63</u>
Additional sales revenue 65
Further processing cost ( 15+19) <u>(34
)</u>
<em>Net income after further processing 31</em>
Financial advantage from further processing $31
Answer:
Yes
Explanation:
The damages can be recovered as Jerome and Gary hung the playground swing improperly. A child was injured due to their negligent actions. The case will be on Meadowbrook Playground and not on the individual person who has committed the mistake. According to law, the damages can be recovered as the enterprise owned the whole property, and due to their carelessness in the installation of swing, the accident took place. The child's parent has every right to recover damages from the playground owner.
Answer:
C. 7.5%
Explanation:
We know,
Dividend yield = (Annual dividends per share ÷ Market price of common stock) × 100
Given,
Market price of common stock = $20
Annual dividends per share = Total dividends paid ÷ Number of shares of common stock outstanding (assuming there is no preferred stock)
Annual dividends per share = $9,000 ÷ 6,000 shares = $1.5 per share
Therefore,
Dividend yield = ($1.5 per share ÷ $20) × 100
Dividend yield = 0.075 × 100
Hence, Dividend yield = 7.5%
Therefore, <em>option </em><em>C</em><em> is the answer.</em>