Imma take a guess and say that he’d adjusted basis is 275,000
Answer:
26%
Explanation:
MV=Do(1+g)/(Ke-g)
Where MV is market value=$36
Do is current dividend per share=$6
g is growth rate=8%
Ke=?
By putting above values we get;
36=6(1+.08)/(Ke-.08)
36Ke-2.88=6+.48
36Ke=2.88+6+.48
Ke=9.36/36
Ke=26%
Answer:
$1,000
Explanation:
The computation of gain on sales is given below:-
Depreciation per year = $40,000 - $10,000 ÷ 10
= $3,000
Life of equipment = 5.5 years
Accumulated Depreciation on equipment = 5.5 × $3,000
= $16,500
Book value of equipment = $40,000 - $16,500
= $23,500
Gain = Proceed from sale - Book value at the time of sale
= $24,500 - $23,500
= $1,000
Answer:
a. $133.51
Explanation:
Selling the stock for a relative amount of money would result in a total price of
$133.51.
I also took the test on e2020
