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Anettt [7]
3 years ago
5

ack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today

and will pay a dividend of $2/share with tomorrow being the ex-date. Jack faces an ordinary income tax rate of 35% and a capital gain tax rate of 18.8%. How much unrealized capital gains will he have after the dividend payment
Business
1 answer:
VARVARA [1.3K]3 years ago
4 0

Answer:

The amount of unrealized capital gains he will have after the dividend payment is $1,200.

Explanation:

Apple stock price per share today = $218

Dividend per share = $2

Apple stock ex-date price per share = Apple stock price per share today - Dividend per share = $218 - $2 = $216

Unrealized capital gains = Number of Apple stock shares purchased * (Apple stock ex-date price per share -  Price per share at which Apple stock shares were purchased) = 200 * ($216 - $210) = 200 * $6 = $1,200

Therefore, the amount of unrealized capital gains he will have after the dividend payment is $1,200.

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The carrying value of bonds at maturity always equals:.
svetoff [14.1K]

The carrying value of a bonds at the time of maturity will always equals: par value.

<h3>What is Par value?</h3>

Par value can simply be defined as the price of a bond or face value of a bond.

The carrying value of bonds at the time of maturity will always equals par value by adding or lessing the carrying amount or unamortized discount or unamortized premium.

Inconclusion the carrying value of a bonds at the time of maturity will always equals: par value.

Learn more about par value here:brainly.com/question/25765493

8 0
2 years ago
Joe is a warehouse custodian and also maintains the accounting record of the inventory held at the warehouse. An assessment of t
evablogger [386]

Answer:

Letter B is correct

Explanation:

Segregation of duties occurs when duties and responsibilities are separated between employees of an organization. There are functions within a company where segregation is most common, usually in positions that require special permits, approvals, reviews, and registrations which is what happens in the matter. It is used to prevent conflicts between personal interests, mistakes and fraud.

3 0
3 years ago
An inventory pricing procedure in which the oldest costs incurred rarely have an effect on the ending inventory valuation is:
laila [671]

Answer:

First in, first out (FIFO)

Explanation:

In FIFO,  the assets produced or acquired first are sold, used or disposed of first and may be used by an individual or a corporation. So , since the newer costs are more relevant , the oldest cost won't affect the ending valuation.

5 0
3 years ago
Devil's advocacy:_____.a. involves generating a plan and a counterplan that reflects plausible conflicting courses of action. b.
Bezzdna [24]

Answer:

d. involves generating a plan and a critical analysis of that plan.

Explanation:

The devil's advocacy is a decision-making technique in which an individual in a group is permitted to become the critic in the decision that should be taken in near future. It prevents the group thinking and increased the high quality decision chances. Also it prevents in making expensive along with the risky decisions

So as per the given options, the option d is correct

4 0
2 years ago
Real GDP will increase:
Alex Ar [27]

Answer: D) if either the price level rises or the quantity of final goods and services produced rises.

Explanation:

Economic growth is caused by an increase in aggregate demand (AD). If there is spare capacity in the economy, then an increase in AD will cause a higher level of real GDP.

3 0
3 years ago
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