Answer:
Missing word <em>"Final shares=? Net asset value=?"</em>
Final shares is computed as follows:
= (Amount invested / NAV per share) * (1 + Fund appreciation)
= ($50,000 / $ 1) * (1 + 0.014)
= $50,000 * 1.014
= $50,700
As know that this is a Money Market Mutual Fund, hence the Net asset value of this fund at the end of the year will be also $1.
Answer: $15,000
Explanation:
As of December 31st 2017, eligible tax paying Sole proprietors are allowed to deduct up to 20% of their Qualified Business Income (QBI) from their domestic business. This also applied to QBI from domestic partnerships, S corporation, trust or estate.
For owners of the business, the QBI deduction is net of itemized deductions so with Tammy owning the business, her qualified QBI is;
= 20% * (100,000 - 25,000)
= $15,000
Answer:
$926,000
Explanation:
For computing the initial cost of the warehouse project, we consider the current value of the land i.e represent the opportunity cost and the land value which is purchased six years ago for $874,500 represent the sunk cost which is not recoverable now. So, this sunk cost is not relevant.
And, the lease cost is also not relevant as the lease period will be ended soon.
All other information which is given is not relevant. Hence, ignored it
Answer: soon (i'm not sure sorry if i'm wrong)
Answer:
Please correct me if wrong
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