Answer:
$75,000 recognised gain
Explanation:
Indigo corporation wants to transfer $150,000 in cash or property to one of its shareholders Linda
Property A has a basis of $75,000
Property B has a basis of $195,000
Therefore the recognized gain or loss of property A is distributed in redemption of Linda's share can be calculated as follows
= fair market value - basis
= $150,000-$75,000
= $75,000 recognised gain
Hence indigo's recognised gain if it distributes property A in redemption of Linda's share is $75,000
Answer:
Susan will have to pay $525 for her health insurance.
Explanation:
The total amount paid to the health insurance is $200 by Susan and $325 by the employer which summed up to $525.
As now the employer is no longer paying the amount for the health insurance, so now Susan has to pay $525 herself for the health insurance.
Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:
In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months
A. monthly payment amount
to the nearest cent
B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713% (effective annual rate)
Answer:
lots of love?&3&3&3&3&3&3&
Answer:
a) 120 skiers per day
b) 6.25% increase in revenue
Explanation:
a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.
__
b) For a stay of n days, the average skier spends ...
50 +(n-1)30 = 20 +30n
and the average spending per day is ...
(20 +30n)/n = (20/n) +30
So, for a 10-day stay, the average skier spends in restaurants ...
20/10 +30 = 32 . . . . per day
And for a 5-day stay, the average skier will spend ...
20/5 +30 = 34 . . . . per day
The change in restaurant revenue is expected to be ...
(34 -32)/32 × 100% = 2/32 × 100% = 6.25%
Restaurant revenues will be 6.25% higher compared to last year.
