Answer:
$15
$35
Explanation:
Calculation to Determine the consumer surplus from the original purchase and the additional surplus generated by the resale of the cannon
Consumer surplus from the original purchase=$45-$30
Consumer surplus from the original purchase=$15
Additional surplus generated by the resale of the cannon=$80-$45
Additional surplus generated by the resale of the cannon=$35
Therefore the consumer surplus from the original purchase is $15 and the additional surplus generated by the resale of the cannon is $35
A. resist penetration by objects & absorb the shock of a blow
B. be water resistant and slow burning
C.have clear instructions explaining proper adjustment & replacement of the suspension and headband
D. All of the above
D.
Answer:
A. Tax refund $2,100
B. $18,000
Explanation:
A. Calculation for Alto's tax refund from the carryback of its current year capital loss
Based on the information given we were told that Alto has the amount of $28,000 ( 13,000-41,000) as a net capital loss that is non deductible this year which means Alto can
carry the loss back 3 years in order for Alto to deduct against net capital gain in those 3years.
Secondly Alto can as well remove the amount of $10,000 capital loss that was carryback against capital gain 3 years ago in order to have the amount of $2,100 as tax refund which is calculated as ($10,000 × 21%)
B. Computation of Alto's capital loss carryforward into next year.
Alto’s capital loss carryforward = ($28,000 − $10,000).
Alto’s capital loss carryforward =$18,000
Therefore Alto’s capital loss carryforward will be $18,000
Answer:
PRINCIPAL-AGENT PROBLEM
Explanation:
The possibility that management of the corporation may not be pursuing the same goals as those of stockholders is what is referred to as 'the agency problem'. This agency problem refers to the potential conflict of interest embedded in any corporate relationship where the party managing the company is different from the owners.
The shareholders for example might out a very risky loan for the business in order to get performance bonuses but that might not be in the best interest of the stockholders.
