Answer:
P952,054.69
Explanation:
The present value of a property with a down payment 'D' and an annuity 'A', payed over a period of 'n' years at a rate 'i' is:
If D = 338,458; A = 71,335; n= 28 and i = 11%:
The cash price (in peso) of the property is P952,054.69.
Answer:
The recognized gain and the basis for the bonds is $7.000
Explanation:
Consider the following calculations to obtain the recognized gain
Taxpayer's recognized gain = Sale value of Stock - Adjusted basis value of stock
=(15000+2000) -10000 =$7000
Answer:
The answer is: Age Discrimination in Employment Act, Minnie can be required to retire at a certain age, because she is in an occupation where evidence exists that ability to perform the job diminishes significantly with age.
Explanation:
The Age Discrimination in Employment Act (ADEA) protects employees who are at least 40 years old and work for companies that have at least 20 employees.
But there are some exceptions that can apply, specially when the job requires certain abilities that naturally diminish with older age. Since Minnie is a bus driver, her employer can argue that her driving abilities may reduce with age (this is a fact) and that she might endanger others by driving with her abilities reduced.
Answer:
Kohl's Average total Assets were $1,000,000
Explanation:
1.
Asset Turnover = Net Sales / Average fixed Assets
Net Sales = Asset Turnover x Average fixed Assets
2.
Account Receivable Turnover = Net Sales / Average Account receivable
Net Sales = Account Receivable Turnover x Average Account receivable
According to given condition
Asset Turnover x Average fixed Assets = Account Receivable Turnover x Average Account receivable
2 X Average fixed Assets = 10 X $200,000
Average fixed Assets = $2000,000 / 2
Average fixed Assets = $1,000,000