I really want to say income statement
There you go. let me know if this is right
Answer:
Specific performance
Explanation:
Based on the information provided within the question it can be said that in this scenario the order that Wally should seek is known as Specific performance. This is a court order which forces the breaching party to perform the agreed upon act, and by doing so complete the agreed upon specifications set forth by the contract. Failure to do so will find the individual in contempt of court.
Answer:
Consider the following calculations
Explanation:
Net income per books $65,000
Add back:
Federal income taxes 9,700
Excess contributions 3,000
Life insurance premiums 10,000
$87,700
Subtract:
Tax-exempt interest (1,500)
Excess depreciation (4,500)
Taxable income $81,700
Dividend received deduction = 160000 x 80% = 128000 (full DRD doesn't create loss).
DRD will be 80% of taxable inome because percent partnership is 25% which is between 20 to 80%.
Answer:
the required rate of return on the stock is 12.52%
Explanation:
The computation of the required rate of return on the stock is shown below:
= (Next year Dividend ÷ current stock price ) + growth rate
= ($1.68 ÷ $ 22.35 ) + 0.05
= 0.075 + 0.05
= 12.52%
Hence, the required rate of return on the stock is 12.52%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
