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nirvana33 [79]
2 years ago
14

Barton, Inc. is a corporation with ordinary net business income of $130,000, dividends of $2,000, a long-term capital gain of $5

,000 and a short-term capital loss of $10,000. What is Barton's taxable income based on these figures?
Business
1 answer:
Levart [38]2 years ago
5 0
Business net income $130,000
Dividends $2,000
Long-term capital gain $5,000
Short-term capital loss $10,000
$130,000 + $2,000 + $5,000 = $137,000
$137,000 - $10,000 = $127,000

Based on my these figures, Barton’s taxable income is $127,000.
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Hence, the right answer to the question is option a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment. Because, the insufficient revenue, will lead to little or no availability of resources to find private investment.

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The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested
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The amount of track improvement cost that should be allocated to the Western Division is  $3,200,000.

<h3>What amount should be allocated to Western Division?</h3>

The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.

The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision

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The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000  = $3,200,000

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Answer:

x1.044 - x

Explanation:

The formula for calculating compound interest is as below

FV = PV × (1+r)^n

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In this case, PV =X, r =4.4% and n=1

FV = x  x ( 1+4.4/100)^1

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