Answer:
The answer is: $50
Explanation:
If you make a gift to a client, you can deduct a maximum of $25 per client. Shipping costs are not included in the $25. But additional gifts to nonclients are not deductible.
Nancy can deduct $25 for Mrs. Johns's gift + $22 for Ms. Brown's gift + $3 for shipping costs = $50
Answer:
10.25%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow = cash inflow - cash outflow
cash outflow = depreciation expense
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
$30,000 / 15 = $2000
Cash flow = $6000 - 2000 = $4000
Cash flow in year 0 = $-30,000
Cash flow in year 1 to 15 = 4,000
IRR = 10.24%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
C. businesses are likely to fire older workers. They are paid higher, due to working many years. Its cheaper to higher new young people at a much lower pay to save money for the company. Older people may not have went to college, but have learned the job by doing it for so many years. Companys now want to have a college degree to work for them. The union protects the older worker, so the company can not suddenly change the rules and force the worker out. They have to offer to let the older worker go back to school to earn the degree required.
Answer:B. Amanda must advise Sean and Dianne promptly of the inaccuracy and the consequences provided by Internal Revenue Code and Regulations.
Explanation:
Sean and Dianne have probably engaged Amanda at the end of the tax year and they are to face implications of the transactions as it relates to tax matters, Amanda is to provide them with legislation in relation to the matter to educate them in future tax transactions.
Answer:
Approximate rate of return will be 9 %
Explanation:
We have given a stock is purchased on January 1 of cost $4.35
And sold at the same year on December 31
We have to find the rate of return
Rate of return will be equal to = 9%
So approximate rate of return will be 9 %