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tatuchka [14]
2 years ago
12

If an existing asset is sold at a gain, and the gain is taxable, then the after-tax proceeds from this transaction would be equa

l to: The pre-tax proceeds plus taxes on the gain. Net proceeds from the sale less the after-tax gain on the sale. Net proceeds from the sale less the taxes paid on the gain. Net proceeds from the sale plus the taxes paid on the gain. Net proceeds from the sale plus the after-tax gain on the sale.
Business
1 answer:
Zinaida [17]2 years ago
6 0

Answer:

If an existing asset is sold at a gain, and the gain is taxable, then the after-tax proceeds from this transaction would be equal to:

Net proceeds from the sale less the taxes paid on the gain.

Explanation:

An illustration is given below.  Company A received $70,000 from the sale of an Office Equipment with a tax basis of $40,000.  The capital gains tax rate is 20%.  How much would be the after-tax proceeds?  The net proceeds minus the tax basis would result in the capital gains of $30,000.  Then, the capital gains tax equals $6,000 ($30,000 * 20%).  Therefore, the after-tax proceeds would be $70,000 minus $6,000, which is equal to $64,000.

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Shoshone County uses the consumption method to account for supplies. At the beginning of the year the City had no supplies on ha
zhuklara [117]

Answer:

Expenditures $300,000; Supplies inventory $150,000.

Explanation:

The consumption method recognizes an asset when an item is purchased and an expense when an item is used or consumed. Therefore, when supplies are first bought, Supplies Inventory has a balance of $450,000.

After using those supplies during the year, $300,000 should be debited from Supplies Inventory and credited to Expenditures.

Therefore, at fiscal year-end, the appropriate account balances on the General Fund financial statements would be: Expenditures $300,000; Supplies inventory $150,000.

3 0
3 years ago
If a company states in its advertisements that 10 percent of all profits go to planting trees in various parts of the​ world, th
Korolek [52]

Answer:

C. GREEN MARKETING

Explanation:

Green Marketing is marketing of products proclaimed as environmentally safe. This marketing incorporates many important P's of Marketing : Product ('<em>green' p</em>roduction process), Packaging (eg: biodegradable).

This type of marketing can also includes  'Corporate Social Responsibility' , investment in environmental upgradation as is the case in the question.

Value Proposition is statement to consumers' convincing their product distinctive worthiness. Brandfest is prospecting consumers collecting event , eg- exhibition. Branded Content is marketing through creation & dissemination of content . None of these three are related to it.

3 0
3 years ago
Adonis Corporation issued 10-year, 11% bonds with a par value of $270,000. Interest is paid semiannually. The market rate on the
shutvik [7]

Answer:

e) Adonis must pay $270,000 at maturity plus 20 interest payments of $14,850 each.

Explanation:

Based on this information,Adonis Corporation is issuing a coupon paying bond.

  • The $286,827 that they receive is the market price/ market value of the bond.
  • The duration of the bond = 10 years, however, since the coupons are paid semiannually, there will be 10*2 = 20 payments in total.
  • Semi annual coupon payment; PMT = (11%/2) *270,000 = $14,850
  • The $270,000 is the face value of the bond which must be repaid at the end of the life of this bond.
  • <em>Therefore, Adonis must pay $270,000 at maturity plus 20 interest payments of $14,850 each.</em>
3 0
3 years ago
The gaps model is designed to highlight those areas where
garik1379 [7]
The phrase the best completes the statement is "the gap between customer expectation and actual services provided are identified." It is a tool and a method of service quality which are most commonly used by a product manager. It assesses the quality of service delivery from the client's expectations.
3 0
3 years ago
Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfoli
raketka [301]

Answer:

10.4%

Explanation:

The computation of expected return on a portfolio is shown below:-

Expected return = Risk Free return + 5%Beta ( Market Return - Risk Free return)

= 5% + 0.60 × (17% - 8%)

= 5% + 5.4%

= 10.4%

Therefore for computing the expected return on a portfolio with a beta of .6 we simply applied the above formula.

The market return less risk free return is known as market risk premium

3 0
3 years ago
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