When purchasing load mutual funds, you are charged a fee, or commission, which is added to the fund's net asset value.
Answer:
The correct answer is letter "C": Appreciated property can be distributed tax-free to an owner.
Explanation:
A Limited Liability Company (<em>LLC</em>) is a type of organization where the owners are not personally liable for the company's responsibilities. On the other hand, an S Corporation is constituted for 100 shareholders or less who are jointly liable for the business' responsibilities.
An advantage of an LLC over an S Corporation could lay on the fact that the LLC can distribute appreciated property to its shareholders tax-free just like if an asset would have been sold.
No reporting is made on the government-wide financial statements.
<u>Explanation:</u>
Cash of $60,000 transferred to the debt service fund from the general fund.
The transfer was noted completely within the Government Activities. Hence, there was no net change on the total amounts posted. A liability is posted on the government-wide financial statements. Also, such statements record economic resources.
Answer:
Initial outlay = $250,000
Annual cash inflow = 25% x $250,000 = $62,500 per annum
Payback period = <u>Initial outlay</u>
Annual cash inflow
= <u>$250,000</u>
$62,500
= 4 years
Explanation:
In this respect, there is need to calculate the annual cash inflow, which is 25% of initial outlay. Then, we will divide the initial outlay by the annual cashflow. This gives the payback period of the machine.
Answer:
-$1,562.50
Explanation:
Calculation to determine The highest net profit possible for the speculator based
Premium of the option = $.05 per unit * (31,250 units)
Premium of the option= -$1,562.50
Therefore Based on the information given and the above calculation The HIGHEST NET PROFIT that will be possible for the speculator will be -$1,562.50