Answer: C
Explanation: The present value of a stock is the sum of all future cash flows discounted using a rate.
The future cash flows, in this case, is the proceeds from selling the stock ($100) and the dividend ($10).
We can calculate the current price of the stock using the formula:
($100 + $10) / (1 + 6%) = 103.77
Answer:
$20 Million
Explanation:
- Reported Income before taxes for 2018= $470 Million
- Tax Depreciation excess over Financially Reported Depreciation= $ 50 Million
- Income Tax rate for 2018= 35%
- Enacted Rate for Years after 2018= 40%
Calculation
- The Deferred Tax Liability= Excess of Tax Depreciation over Financially Reported Depreciation × Enacted Tax Rate
Deferred Tax Liability
This represents the tax due for a particular period but yet to be paid. A deferred tax liability is the indication that an organisation will have to pay mor tax in the future as a result of a current transaction.
In the situation of Brown and Lowery, the Deferred tax is an applied tax rate to the excess of tax depreciation over financial reporting depreciation.
Based on International Accounting Standard (IAS) 12, Deferred tax liability should be calculated using the Enacted rate for years after the current period.
Also, $50,000,000 is the excess of tax depreciationi over depreciation used for financial reporting, however, since the firm has a $20, 000,000 which is a non-tax deductible expense then it will not affect our Deferred Tax Liability Calculation.
Answer: D. make a conscious choice to do so
Explanation:
Based on the information given, in order to attain a "right livelihood," William needs to make a conscious choice to do so.
Option A is wrong as getting promoted so he can delegate more of his work doesn't guarantee him that he'll relax more and enjoy right livelihood. When he's promoted, he'll have more work and this means that there'll be more responsibility. This will hinder him from enjoying right livelihood.
Option B and C are wrong as well as losing weight and getting in better shape and also de-emphasize the spiritual side of his life doesn't make one enjoy right livelihood.
Option D is the correct answer as he should make a conscious choice to attain the right livelihood and have enough rest that he desires.
Answer:
B. one of only 2 factories that made the product shuts down.
