Answer:
Rate of return is 20%
Explanation:
Rate of return is the actual return received on a investment. In this question Blaser Corporation invested $1,075,000 in asset and earned a income of $216,000. So the rate of return is as follow
Rate of return = Income received / Investment in Assets = $216,000 / $1,075,000 = 0.200 = 20%
Answer:
The correct answer is: <u>5 years</u>.
Explanation:
To begin with, the Uniformed Services Employment and Reemployment Rights Act of 1994 is the name given to an American law in the U.S. federal government in order to protect the rights of the civilians who were called to serve in military services regarding the subjects of their jobs and employment. It was signed into law by the U.S. President Bill Clinton in October 13, 1994.
Secondly, the criteria from the act known as USERRA establishes that the maximun period of time that a person could be absent from his work due to military duties and still retain reemployment according to the act is up to five years.
Answer:
long-term capital loss 10,000
Explanation:
80,000 purchase
(40,000) accumulate depreciation
40,000 net book value
30,000 sales price
-10,000 loss
This is a long-term capital loss because the assets was in the company possesions for a longer time than 12 months.
Answer:
The answer is $1,404,000
Explanation:
Total amount realized from the issuance: 40,000 shares x $24
= $960,000
Treasury stock repurchased:
6,000 shares x $26
=$156,000
Net income = $600,000
The total amount of stockholders' equity at December 31, 2018 is:
Net income + amount realized from issuance - amount of treasury stock
$600,000 + $960,000 - $156,000
$1,404,000
