Answer:
$36,000
Explanation:
The computation of the adjusted gross income for the present year is as follows:
= Ordinary income + short term capital gain - short term capital loss + long term capital gain
= $35,000 + $3,000 - $6,000 + $4,000
= $36,000
Hence, the adjusted gross income for the present year is $36,000
The same is relevant
Answer:
Variable cost per unit= $0.10
Explanation:
Giving the following information:
Cost Machine Hours
March $3,106 15,176
April 2,668 9,558
May 2,892 11,947
June 3,538 17,899
<u>To calculate the variable cost under the high-low method, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (3,583 - 2,668) / (17,899 - 9,558)
Variable cost per unit= $0.10
$4.40 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)
where,
Net income is $640,000
Preference dividend is $72,000
And, the weighted average number of share is
= 120,000
Answer:
12.34%
Explanation:
initial outlay = -$1,875,000
NCF year 1 = $415,350
NCF year 2 = $415,350
NCF year 3 = $415,350
NCF year 4 = $415,350
NCF year 5 = $415,350
NCF year 6 = $415,350
NCF year 7 = $415,350
using a financial calculator or an excel spreadsheet, IRR = 12.3.4%
the internal rate of return is the discount rate at which a project's NPV = 0