Answer:
a. $44.44
Explanation:
The amortization will be allowed for 10 months in the year (March-December) as the return is filed on a calendar year basis. The deduction allowed per month $4.44 ($800 / 180).
The maximum allowable deduction for amortization of organizational expenditures in the current year is $44.44 ($4.44*10 months).
Answer:
Explanation:
Using a financial calculator; input the following;
Duration to maturity ; N = 3*2 = 6
Par value of the bond ; FV = 1000
Semiannual interest rate; I = 3%
Semiannual coupon payment;PMT = (7%/2)*1000 = 35
then compute the price; i.e the present value; CPT PV = 1027.09
The price after 6-months would be as follows;
Duration to maturity ; N = 2.5*2 = 5
Par value of the bond ; FV = 1000
Semiannual interest rate; I = 3%
Semiannual coupon payment;PMT = (7%/2)*1000 = 35
then compute the price; i.e the present value; CPT PV = 1022.90
A private contractor becouse it is important
Answer: My answer is in the photo below. Hope it helps.
The equivalent units for conversion costs are 1,160.
WIP
Beginning 0
Started 1,400
1,000 Completed
Ending 400 * .4 = 160
Equivalent units for materials: 1,000 units completed + 40% of 400 (ending) = 1,160 units
