Answer:
1,200 shares held at a cost basis of $37.50
Explanation:
Since there are 1,000 shares are purchased
and the stock dividend is 20%
So the number of shares after the dividend is
= 1,000 × (1 + dividend percentage)
= 1,000 × (1 + 0.20)
= 1,000 × 1.20
= 1.200
And, the price per share is
= $44 + $1
= $45
So, the cost basis would be
= $45 ÷ 1.20
= $37.50
hence, the tax status of the investment is 1,200 shares held for cost at $37.50 basis
The goal of <u> ISO</u> is to establish international technological standards to
facilitate the global exchange of information and barrier-free trade.
<h3 /><h3>what is the goal of ISO in IT to global exchange?</h3>
- The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies;
- It develops and publishes a wide range of proprietary, industrial, and commercial standards and is comprised of representatives from various national standards organizations.
- The organization's abbreviated name—ISO—is not an acronym; it derives from the ancient Greek word ísos, meaning equal or equivalent.
- Because the organization would have different acronyms in different languages, the founders of the organization decided to call it the short form ISO.
- The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies that develop and publishes a wide range of proprietary, industrial, and commercial standards.
- The International Organization for Standardization (ISO) was founded in 1947 and is headquartered in Geneva, Switzerland.
- In addition to producing standards, ISO also publishes technical reports, technical specifications, publicly available specifications, technical corrigenda, and guides.
To learn more about ISO, refer
to brainly.com/question/25311149
#SPJ4
Answer:
E. None of these answer choices are correct.
Explanation:
Upon receipt of the advance payment from Cactus Jack, Nike should debit its Cash Account and credit Deferred Revenue by $300,000. When the equipment is delivered to Jack and the additional $100,000 is received, the Deferred Revenue account is debited with $300,000 while the Sales Revenue is credited with $400,000 with additional debit to the Cash Account of $100,000.
Answer:
The correct answer for option (a) is $3,080 and for option (b) is $2,141.
Explanation:
(a). Current pay = $44
After 40 hours, Pay = $44 × 1.5 = $66
So, we can calculate the gross pay by using following formula:
Gross pay = (40 hours × $44 ) + (20 hours × $66)
= $1,760 + $1,320
= $3,080
(b).
Security Tax = Gross pay × 6% = $3,080 × 6% = $184.8
Medicare Tax = Gross pay × 1.5% = $3,080 × 1.5% = $46.2
Federal Income Tax = $708
So, we can calculate the net pay by using following formula:
Net Pay = $3,080 - $184.8 - $46.2 - $708
= $2,141
