Answer:
Quarterly dividend (D) = $0.75
Annual return (Ke) = 10.5% = 0.105
Quarterly return = 0.105/4 = 0.02625
Current market price = <u>Quarterly dividend</u>
Quarterly return
=<u> $0.75</u>
0.02625
= $28.57
Explanation:
Current market price is the ratio of quarterly dividend paid divided by quarterly return.
Answer:
The amount of Carey's allowable deduction for rental house activities for 2019 is $6,000. The right answer is a
Explanation:
In order to Calculate the amount of Carey's allowable deduction for rental house activities for 2019.
Individual taxpayers deduct rental property of $25,000 losses against other income, hence Loss deduction = $ 25,000 - (50% of the tax payer's modified total income in excess of $100,000)
To calculate the total income in excess of $ 100,000 we have to make the following calculation:
Total income in excess of $100,000 = $ 138,000 - $ 100,000 = $ 38,000.
Therefore, loss deduction = $ 25,000 - (50% of 38,000)
= $ 6,000
The amount of Carey's allowable deduction for rental house activities for 2019 is $6,000
Answer:
C) Jamie is only entitled to the leave to take care of his daughter.
Explanation:
The Family and Medical Leave of 1993 applies to all public entities, schools, and businesses with 50 or more employees. In this case, Coffee-Ha-Ha is included since it has 61 employees (including Jamie).
This law provides employees with up to 12 weeks of unpaid leave for:
- Birth and care of the newborn child
.
- Placing a child for adoption or foster care.
- Take care of family member (spouse, <u>child</u>, or parent) with a serious health condition
- Take medical leave when unable to work due to a serious health condition.
Jamie cannot take a leave for taking care of his mother in law, but he can take an unpaid leave for taking care of his daughter.
Answer:
Transfer price= $37
Explanation:
Giving the following information:
Its variable cost per unit is $25, and its fixed cost per unit is $12. Top management of Kobe International would like the Heating Division to transfer 14,600 heating units to another division within the company for $30.
If the Heating division is not operating ar full capacity, the fixed costs shouldn´t be taken into account. <u>In this case, the Heating Division is operating at full capacity. The minimum transfer price must include both fixed and variable costs.</u>
Transfer price= fixed costs + variable cost
Transfer price= 12 + 25= $37