Answer: $252 Gain and $93.24 Tax.
Explanation:
To calculate her gain, the gain she accrued from selling the shares AFTER exercising the options shall be used to calculate,
= Sales Price - Price when exercised
= 23 - 20
= $3
Given that she received 12 NQOs with each giving her the right to purchase 7 shares we have,
= 3 * 12 * 7
= $252
Maren realized a gain of $252.
Subject to a tax rate of 37% we have,
= 252 * 0.37
= $93.24
$93.24 is Payable in tax by Maren.
Answer:
Nancy Biggens, REALTOR®
Explanation:
Based on the information provided within the question it can be said that the only way that Nancy may not display her name would be like so, Nancy Biggens, REALTOR®. This is mainly due to the fact that she is not a Realtor and cannot state to be one without having a realtor license. Which is required by law, and in order to get one she needs to meet the states requirements and pass an exam.
Answer:
The differential cost = $8.55
Explanation:
When there is a contrast between the cost of two alternatives to decide to process further or not, it is termed as a differential cost. Company uses the differential cost concept when there are more than one products to produce.
Here, the company has two products - Product J and Product D. Product J is selling currently with a cost of $15.75. If the company wants to produce Product D, they need additional $8.55 cost. Therefore, $8.55 is the differential cost of producing product D.
