Answer: C - Taxable on her 2018 return and increase her basis in the stock.
Explanation: Dividends are the returns on investment which can be cash dividend or stock dividend.
These dividend received can be reinvested. If cash dividend is given, it can be reinvested into purchase of more stocks while if its stock dividend it might not be taxed immediately until the stock are sold.
Tax rate on investment is lower than the income tax rate. Dividend can be classified as ordinary dividend or qualified dividend.
An ordinary dividend are taxed as ordinary income while qualified dividend are that meets a certain criteria as subject to a lower Capital gains tax.
Answer:
$180,000
Explanation:
The computation of the free cash flow is shown below:
= Before-tax cash flow from operations - depreciation - tax expense + depreciation - invested amount
where,
Tax expense = (Before-tax cash flow from operations - depreciation) × corporate tax rate
= ($500,000 - $100,000) × 30%
= $120,000
And, the other items values would remain the same
Now put these values to the above formula
So, the value would be equal to
= $500,000 - $100,000 -$120,000 + $100,000 - $200,000
= $180,000
Answer:
Option (c) is correct.
Explanation:
It is assumed that all the sales cash and credit up to the month of April will be adjusted before 31st may.
Any receivables remaining as on 31st May are related to the sales of May only.
May Sales = $25,000
Out of which Cash sales adjusted in the same month:
= 30% of May sales
= 30% × 25,000
=$7,500
Remaining credit sales:
= May sales - Cash sales
= $25,000 - $7,500
= $17,500
Out of which 25% i.e. $4,375 received in May only.
The budgeted accounts receivable balance on May 31 is:
= Remaining credit sales - Received 25% in May
= 17,500 - 4,375
= $13,125
Answer:
c) Provide detailed hazard and safety information about a controlled product
Explanation:
A safety data sheet is a sheet having listed all the information which involves in chemical handling, its hazards and storage management. It has physical, environmental and health related hazards and how it can be stored and managed and used.
All other options are wrong as SDS does not assist purchasing of chemicals and does not decide workplace policy. Therefore option a and b are wrong.
Answer:
The correct answer is letter "D": $77 million; $8 million.
Explanation:
The U.S. Federal Reserve (Fed) establishes a minimum amount of money banks must have in front of unexpected demand. That minimum is called Bank Reserve. <em>The current bank reserve set by the Fed is 10% of the bank's demand and checking deposits.
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Excess reserves <em>is the amount of money banks have on top of the bank reserve</em> that cannot loan. As banks do not profit in interest with that amount of money, they do not tend to have much excess reserves.
In the case:
- Bank required reserve = $770,000,000 x 10%
- Bank required reserve = $77,000,000 = $77 million
- Excess reserve = $85,000,000 - $77,000,000
- Excess reserve = $8 million
