Answer:
Madison got refunded $3,280.
Explanation:
given data
gross tax liability = $10,450
tax credits = $4,520
taxes withheld = $9,300
solution
we get here tax due or tax refunded that is express as
tax due or tax refunded = gross tax liability - tax credits - tax withheld ............................1
put here value and we get
tax due or tax refunded = $10,450 - $4,520 - $9,300
tax due or tax refunded = -$3220
so Madison got refunded $3,280.
Answer:
A. no
Explanation:
If there is no tax rate per CDminusRom, to import it will cost less. It is easier when there is no tax rate attached. Therefore, The United States will import 3 million CDminusRom drives if ____NO____ tax per CDminusRom drive is levied on imported CDminusRom drives. Hence, the answer is A
<span>The process of identifying central ideas and details and arranging them in the right sequence is known as outlining.</span>
Answer:
horizon value at year 5 = Div₆ / (Re - g)
- Div₆ = ($2.75 x 1.143²) x 1.0372 = $3.726384483
- Re = 12.4%
- g = 3.72%
horizon value at year 5 = $3.726384483 / (12.4% - 3.72%) = $42.93
current value P₀ = $2.75/1.124³ + $3.14325/1.124⁴ + $46.52273/1.124⁵ = $1.937 + $1.969 + $25.932 = $29.838 ≈ $29.84
1) dividend yield = 0/$29.84 = 0%
capital gains yield = (P₁ - P₀) / P₀
P₁ = $2.75/1.124 + $3.14325/1.124² + $46.52273/1.124³ = $2.447 + $2.488 + $32.762 = $37.697 ≈ $37.70
capital gains yield = ($37.70 - $29.84) / $29.84 = 26.34%
2) Goodwin has yet to record a profit (positive net income). Is this statement a possible explanation for why the firm hasn't paid a dividend yet?
A. Yes
Since dividends must be paid out from net profits or retained earnings.