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3 years ago

You are given the following facts about a solely owned S corporation. What is the shareholder's ending stock basis?

Business

1 answer:

DerKrebs [107]3 years ago

5 0

Answer:

c.$99,100

Explanation:

Beginning stock basis 39,800

Add:Increase in AAA $31,000

Increase in OAA $6,300

Stock purchases 22,000

Shareholder's ending stock basis $ 99,100

Shareholder's ending stock basis = Beginning stock basis +Increase in AAA + Increase in OAA + Stock purchases

= $ 39,800 + 31,000 + 6,300 + 22,000

= $ 99,100

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In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce

Ivenika [448]

Answer: best practices

Explanation: In context of Enterprise resource planning, the most efficient ways to conduct business activities are termed as best practices.

Best practices are those alternatives of doing an activity which are superior to other alternatives as they results in better conclusions than other options. These are generally seen as a techniques or a standard method of performing an activity.

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2 years ago

Read 2 more answers

A homesteaded property is located in Jupiter, Florida, in Palm Beach County. The property has been assessed at $185,000. The cit

anastassius [24]

Answer:

The owner will pay in property taxes the sum of:

= $3,321.

Explanation:

a) Data and Calculations:

Assessed value of property = $185,000

City tax rate = 8.8 mills

County tax rate = 9.3 mills

School board levy = 6.5 mills

Total property rate = 24.6 mills

Homestead tax exemption in Florida = $50,000

Taxable property value = $135,000 ($185,000 - $50,000)

Property tax liability = $135,000 * 24.6/1,000 = $3,321

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2 years ago

The common stock of RMW Inc. is selling at $88 a share. It just paid a dividend of $4. Investors expect a return of 15 percent o

Nina [5.8K]

Answer:

12%

Explanation:

R=D1/P0+g

15 =4/88+g

15 =0.0454+g

15/15=0.0454/15 +g

g=0.3026

.15-0.03=.12

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2 years ago

Suppose a firm has 35 million shares of common stock outstanding at a price of $15 per share. The firm also has 200,000 bonds ou

Luda [366]

Answer:

16%

Explanation:

The computation of the WACC is given below:

But before that following calculation should be done

Cost of equity

= Risk free rate of return + beta × (market return - risk free rate)

= 3% + 1.5 × (14% - 3%)

= 19.5%

Market value of equity = 35 million shares ×$15 = $525 million

And, the market value of debt = 200,000 × $905.4 = $181.08 million

Now the WACC is

= cost of equity × weight of equity + cost of debt × (1 - tax rate) × weight of debt

= 19.5% × ($525 ÷ 525 + 181.08) + 9.4% × (1 - 0.39) × ($181.08 ÷ 525 + 181.08)

= 19.5% ×0.744 + 5.734% × 0.256

= 15.975%

= 16%

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2 years ago

If you receive 10 units of utility from consuming one cup of coffee and 16 units of utility from consuming two cups of coffee, w

Sauron [17]

Answer:

Explanation:

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3 years ago