I think the answer is 1.45%
<span>The fiscal policy of government can have a monetary impact on the economy.
When talking about the fiscal policy of a government, that is meaning the government can adjust spending levels and tax rates that change the nation's economy. When they do this, they are able to mess with and see what changes in the economy based on the changes they make themselves. </span>
The cost for Chester corporation to repurchase all its outstanding shares if the price fell by 10% is $214.1 million.
<h3>How to calculate the cost?</h3>
It should be noted that the market value will be:
= Outstanding shares × Closing price per share
= 1906233 × 112.33
= $214.1 million.
In conclusion, the cost for Chester corporation to repurchase all its outstanding shares if the price fell by 10% is $214.1 million.
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Answer:
(A) $31,400
(B) $6,400
Explanation:
Joseph contributed $25,000 in cash and equipment
The tax basis is $6,400
The fair market value paid to Bill hill partnership is $12,600
(A) Joseph tax basis in his partnership interest can be calculated as follows
= contribution+tax basis
= $25,000+$6,400
= $31,400
(B) Since Joseph contributed a tax basis of $6,400 to Bill hill partnership in exchange for a partnership interest then, Bill hill's basis in the equipment is $6,400
Answer:
The target direct materials ending inventory is the correct answer.
Explanation:
