Yes because people are judging people. And hurting people's feelings giving reasons to make them feel bad.
Answer:
$29 per stock
Explanation:
WACC=PBIT*(1-tax)/Market value of firm
10%=$20,000,000*(1-40%)/Market Value of the firm
Market Value of the firm=$20,000,000*60%/10%=$120,000,000
Stock price for all shares=$120,000,000*60%=$72,000,000
Stock price per share=$72,000,000/2,500,000=$29 per share
Answer: $200,000
Explanation:
The book and tax basis will be the same in this instance because the equipment was purchased newly.
The book and tax basis will be the price of the equipment:
Price = Cash down payment + Present value of interest bearing note
= 30,000 + 170,000
= $200,000
Book and Tax basis is therefore $200,000
Answer:
Lyon's Estate
For the current taxable calendar year, the estate's distributable net income (DNI) is:
a. $15,000
Explanation:
a) Estate's Income and Disbursements for the year:
Taxable interest = $20,000
Net long-term capital gains allocable to corpus = $10,000
Administrative expenses attributable to taxable income = $5,000
Therefore, DNI = $20,000 + $5,000 - $10,000 = $15,000
b) Lyon estate's distributable net income (DNI) is the income allocated to the beneficiaries of the trust created by Lyon before his death. The DNI is calculated with the trust's taxable income minus the capital gain or add the capital loss, and then adding the exemptions. The distributable net income is the maximum taxable amount received by a unitholder or a beneficiary.
The one not to do with money:)