Answer:
c. $11,480
Explanation:
Given that
Cost recovery allowed Cost recovery allowable
Year 1 $16,000 $8,000
Year 2 $9,600 $12,800
Year 3 $5,760 $7,680
The computation of gain should Tara recognize is shown below:-
Cost $40,000
Less:
Greater cost of recovery
allowable or allowed
Year 1 $16,000
Year 2 $12,800
Year 3 $7,680 $36,480
Adjusted basis $3,520
Gain to be recognized = Residual value - Adjusted basis
= $15,000 - $3,520
= $11,480
So, for computing the gain to be recognized we simply deduct the adjust basis from residual value.
<span>This technique of neutralization is called "Denial of the Victim". It is where an offender is in the belief that the victim got what was coming to them by pointing out an action or a flaw (does not have to be true). They use this rationalization to categorize their actions as just. Common phrases associated with this type of neutralization are "they had it coming" or "they deserved it". The offender is shifting the blame to make the victim an offender.</span>
Beach boards net income for the year, I = $150,000
Dividends per share, D = $1.40
Dividend yield, DY= 3.5%
Beach boards’ current stock price is P
We have the formula
Dividend yield = Dividends per share / Current stock price => DY = D / P
Beach boards current stock price is P = D / DY => 1.4 / 3.5 % => P = 1.4 x
100 / 3.5
Beach boards current stock price is P = 140 / 3.5 = $40
Answer: d. Bekah was still exempt from the SEC’s reporting requirements.
Explanation:
Here are the options:
a. Indeterminable with current information
b. Bekah was required to register with the SEC, but not required to report information to
c. Bekah was required to begin reporting information to the SEC.
d. Bekah was still exempt from the SEC’s reporting requirements.
The Dodd-Frank Act is a comprehensive bill which places very strict regulations on the banks and lenders in order to help protect the consumers and also help in the prevention of economic recession
Based on the scenario in the question, Bekah will still be exempt from the SEC’s reporting requirements because in the Dood-Frank Act, it was stated that advisers that are only working in the same state with their clients are exempted from reporting requirements with the Security Exchange Commission.
