<u>Solution and Explanation:</u>
<u>Calculation of Elucid’s cost of recovery deduction for the year 2019 and 2020
</u>
Cost of recovery deduction for 2019 = Assets value * depreciation rate for the first year
( it has calculated by using MACR table)
= $ 25221.85
Therefore, the cost of recovery of deduction in 2019 is $25221.85
<u>Cost of recovery deduction for 2020 = Assets value * depreciation rate for the first year
</u>
( it has calculated by using MACR table)
= $42871.85
Therefore, the cost of recovery of deduction in 2020 is $42871.85
Answer:
$4.64
Explanation:
The total gains for a stock can be broadly classified as both capital gains and dividend gains The capital gain depends on the price of market of the stock prevailing at the time the stock is purchased and the time of the stock sales. For a given firm, dividend gain depends on the dividend policy
From the question given, let us analyze the following,
the expected capital gain value calculated from the sale of the given stock is The current stock value is given by:
(price of the stock after a year + the expected dividend) / capital equity cost
($70 + $1.25) / (1+9%)
= $71.25/1.09 = 65.36
Then,
The capital gain expected from the sale of the stock is given by:
Expected selling price after a year -the stock current value
$70 - $65.36
= $4.64
Answer:
True
Explanation:
For Roberta citing family commitments as reason for participating in the mandatory extra hours cannot be justified in court. Although the court may be sympathetic, it is not enough public policy precedent.
The employer has the right to terminate her employment based on this refusal.
No public policy will be violated by the employer.
Answer: Option B
Explanation:
A. Explicit cost are the cost paid to others in return of their service. Hence Option A is incorrect.
B. Revenue is the total amount of earnings a company have before deducting for expenses. Hence Option B is correct.
C. Accounting profit means (Revenue - explicit cost) . Hence Option C is incorrect.
D. Economic profit means (Revenue - explicit cost - implicit cost) . Hence Option D is incorrect.