Answer:
question
1. how much amortization expense on the goodwill can Ingrid deduct in year 1, year 2, year 3?
2. In lieu of the original facts, assume that Ingrid purchase only a phone list with a useful life of 5 years for $16,500.
How much amortization expense on the phone list can Ingrid deduct in year 1, year 2 and year 3?
Explanation:
The explanation is shown in the file attached. Thank you i hope it helps
Income $42,500
Less:
Deductions <u> 0</u>
Taxable Income $42,500
Tax rate <u> x 10%</u>
Tax payable $4,250
Bear in mind that since the problem is silent, I have assumed that deductions based on marital status, exemptions, PERS or TIAA/CREF retirement contributions are all equivalent to zero (0).
Answer:
$95.45%
Explanation:
The computation of the probability of getting a return between -28% and 64% in any one year is shown below:-
Particulars Percentage
Total probability 100%
Less:
Probability that return will be lower
than -28% 2.28%
1- (NORMDIST (-28%,18%,23%,TRUE)
Probability that return will be More
than 64% 2.28%
(NORMDIST (64%,18%,23%,TRUE)
Probability of getting a return between
-28% and 64% $95.45%
Answer: 3. Implementing security control diversity
Explanation:
Risks of organizations varies. The control method used in combating various risks is relative to the business and the types of risks it is exposed to.
So this implementation of this security is relative to the company.
