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Dafna1 [17]
3 years ago
10

nyle Corp. owned 100 shares of Beta Corp. stock that it bought in 1993 for $9 per share. In 2014, when the fair market value of

the Beta stock was $20 per share, Nyle distributed this stock to a noncorporate shareholder. Nyle's recognized gain on this distribution was:
Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

$1100.

Explanation:

We have been given that Nyle Corp. owned 100 shares of Beta Corp. stock that it bought in 1993 for $9 per share. In 2014, when the fair market value of the Beta stock was $20 per share.

Nyle's recognized gain on this distribution would be:

\text{Value of 100 share at a rate of }\$20\text{ per share }-\text{Value of 100 share at a rate of }\$9\text{ per share}

\$20\times100-\$9\times 100=100(\$20-\$9)=100(\$11)=\$1100

Therefore, Nyle's recognized gain on this distribution was $1100.

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Question 2 (multiple choice)
Paha777 [63]
A. $625.71
619+619×0.13/12
4 0
3 years ago
You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years
Vesnalui [34]

Answer:

g = 16%

dividends yield:

Year 1 4.60%

Year 3: 4.78%

<u>expected rate of return: </u>

year 1 20.6%

year 3 20.78%

<u></u>

Explanation:

<u>grow rate:</u>

D1 /D0 = g

1.16/1.00 - 1 = 0.16

1.3456/1.16 - 1 = 0.16

the grow rate is 16%

<u>dividend yield:</u>

dividends/stock price =  dividend yield

1/21.7 = 0,0460 = 4.60%

1.3456/28.15 = 0,04780 = 4.78%

<u>expected rate of return: </u>

dividend yield + grow rate

4.60% + 16% = 20.6%

4.78% + 16% = 20.78%

8 0
3 years ago
Who can answer this?
lesantik [10]

Answer:

I don't know the first one but will do the rest I know.

Explanation:

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I don't know the last one maybe someone else can answer.

7 0
3 years ago
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On July 1, 2018, Tony and Suzie organize their new company as a corporation, Great Adventures Inc. The following transactions oc
Musya8 [376]

Answer

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Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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3 years ago
PLZZ extra points and brainlist
MrRissso [65]

Answer:

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Explanation:

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