Answer:
(a) $18,000
(b) $3,600
Explanation:
(a) Profit would be:
= (No. of shares × Undervalued) - (No. of shares × Overvalued)
= (1,800 × $16) - (1,800 × $6)
= $28,800 - $10,800
= $18,000
(b) Only half your order will be filled.
With rationing (and being an uninformed investor) we expect our profits:
= (No. of shares × Undervalued) - (No. of shares × Overvalued)
= (900 × $16) - (1,800 × $6)
= $14,400 - $10,800
= $3,600
False. You should worry MORE about business ethics when you work for yourself to ensure for a better business and avoid getting sued
Answer:C. $477,000
Explanation:
Asset are initially recognized at price and other attributable cost. The cost includes tax paid on the assets e.g Vat, legal cost for attorney, delivery, installation, site preparation, professional fees e.g Architect. All income earned from testing the asset or incidental to the asset installation are deducted to arrive at a final cost value.
In the above scenario the price of the land $400,000 is added to demolition cost $75,000, plus the legal fees of $12,000 are all added to $487,000 and the proceed of $10,000 from sales of demolition scrap will be deducted to have a final cost of $477,000.
Directly using fossil fuels would be while using cars and vehicles, indirectly would be non-energy purposes.
Answer:
The correct answer is option e.
Explanation:
Scholarships may or may not be taxable. Scholarships are generally tax-free when they are used to pay for tuition, books and other necessary equipment.
Here, Nicole is getting a scholarship of $52,000 for the year 2018.
She is spending $40,000 on tuition, $5,000 for books and $7,000 for room and board.
The total expenses are
=$(40,000+5,000)
=$45,000
So, out of $52,000 non taxable amount is $45,000.
Nicole will be taxed for $7,000 and will be exempted from tax for $45,000.
