Answer:
a) If Goshawk is a proprietorship, only $21000 long-term capital loss can be deducted in the current year. The remaining $19000 net capital loss is carried forward and then carried back
b) If Goshawk is a C corporation, only $ 18000 long-term capital loss can be deducted in the current year. The remaining $22000 net capital loss is carried back and then forward of Item 2.
Explanation:
The gain or loss on the sale of a property is said to be the difference between between the realized value of goods and its adjusted basis. When there is a gain the realized value would be greater than the adjusted basis, while when there's loss the realized value would be less than the adjusted basis.
A) In this case, if Goshawk is a proprietorship, only $21,000 of the $40,000 long-term capital loss can be deducted in the current year. The loss will offset the short-term capital gain of $18,000 first; then, an additional $3,000 of the loss may be utilized as a deduction against ordinary income. The remaining $19,000 net capital loss is carried forward to next year and years thereafter until completely deducted. The capital loss carryover retains its character as long term.
B) If Goshawk is a C corporation, $18,000 short term capital gain can be set off for long term capital loss. Then the remaining $22,000($40,000 - $18,000) will be carried backwards
Answer:
<h2>
a. Accounts receivable days = (Accounts Receivables/ Sales) * 365</h2>
Walmart Accounts Receivable Days = 5,587/482,546 * 365
= 4.23 days
Target Accounts Receivable Days = 832/73,481 * 365
= 4.13 days
<h2>
b. Inventory Turnover = Cost of Goods Sold/ Inventory</h2>
Walmart Inventory Turnover = 360,628/45,362
= 7.95
Target Inventory Turnover = 52,560/8,549
= 6.15
c. With Accounts Receivable, the company with the lower Receivable Days is managing Accounts Receivables well because they are getting paid earlier.
Target has a lower Accounts Receivable Days so Target is the company managing its accounts receivable more efficiently.
A higher Inventory Turnover ratio means that a company is managing inventory better as they are selling and replacing inventory faster.
Walmart has a higher Inventory Turnover ratio so Wal-Mart is the company managing its inventory more efficiently.
Shareholders might prefer the second plan because some of the pay of the CEO is tied to the appreciation of the stock of UT Wireless. This would align the interest of the CEO to that of the shareholders.
A brief description of public companies.
A public company is usually owned by the shareholders but managed by managers. Shareholders usually acquire shares of the company to become owners. Managers are employed to run the company
<h3>Agency conflict </h3>
Due to the fact that owners of the company and the mangers are different people, a conflict of interest might arise. Th interest of shareholders and the managers might not be aligned.
One of the ways to reduce agency conflict, the pay of managers can be tied to the value of the stock of the company.
To learn more about conflict of interest, please check: brainly.com/question/14622937
Answer:
The answer is "$1000 and $2450"
Explanation:
In point a:
Credit of American Refundable Chance:
when deduction is upto credit upto i s refundable
In point b:
deduction for first deduction max upto
Always buy what you need first groceries,things for school,ect. Then focus on your wants after that. Save alot too.