Answer:
there is capital recovery of share by $1
Explanation:
given data
share = 100
pays = $40 per share
market price = $60 per share
dividend = $4 per share
taxable = $3 per share
nontaxable dividend = $1 per share
to find out
tax effects of these events
solution
we know that Reported as gross income and does not effect basis of stock i.e $3
and basis of the stock is reduces by non taxable dividend that is also excluded from the gross income that is
gross income = $1 × 100 share
gross income = $100
so that
finally the adjusted basis in stock is $40 - $1
adjusted basis in stock is $39
so that It is reduced because
there is capital recovery of share by $1
The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.
<h3>What is Strategic planning?</h3>
Strategic planning can be defined as the process of setting up an objectives or goals and then planning how to achieve the sets objectives and goals.
A company or an organization that want to achieve their future goals must tend to make use of Strategic planning.
Therefore The process of defining the objectives of a company and then developing a method to achieve those objectives is known as:<u> Strategic planning</u>.
Learn more about Strategic planning here:brainly.com/question/24864915
#SPJ1
Answer: market penetration
Explanation: In order to carter to its rapidly increasing number of patrons, Phoenix is engaging in market penetration by opening 400 stores to this effect. Market penetration is simply defined as a process of increasing or making more sales to current customers of an organisation without changing or modifying the products of the organisation.
Answer:
b)$34.45
Explanation:
Gratuity is similar to a service charge.
If the bill is $191.40, and gratitude of 18 percent will be added.
The actual gratitude amount that will be added will be equal to
18% of the $191.40 bill.
=18/100 x $191.40
=0.18 x 191.40
= $34.45
Answer:
YESSS!
Explanation:
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