Louise’s gross income monthly is $2,000. Louise’s net monthly take home pay is $1,360. Louise pays $370/month on her credit card bills. The $370 spent on credit card payments every month out of the monthly total take home pay of $1,360 is 27.2%. The recommended debt to income ratio is 20% so YES Louise is living above her means.
He must declare the sales proceeds. $1,000 gain on sale. Ken's stock sale proceeds | Amount | Sale Proceeds ($32 x 1,000 shares) | $32,000 | Less Selling Expenses | $0 | Amount Realized | $32,000 | Less Tax basis ($31 x 1,000 shares) | $31,000 | Gain on sale | $1,000 | c.) Ken received $25,000 from an annuity he purchased eight years ago. He purchased the annuity, to be paid annually for 20 years for $210,000. Gain of $14,500 Ken's Annuity | Amount | Total investment into annuity | $210,000 | Number of payments | 20 | Return on capital for the payments | $10,500 | Ken's
Problem 17-19 on Dividend Capture Strategy based on Chapter 17 Payout Policy Que Corporation pays a regular dividend of $1 per share. Typically, the stock price drops by $0.80 per share when the stock goes ex-dividend. Suppose the capital gains tax rate is 20%, but investors pay different tax rates on dividends. Absent transactions costs, what is the highest dividend tax rate of an investor who could gain from trading to capture the dividend? Problem 23-5 on Preferred Stock based on Chapter 23 Raising Equity Capital Three years ago,
1 1. If the beginning balance of retained earnings equals $12,000, the ending balance of retained earnings equals $15,000, and dividends for the year equal $1,000, then net income for the year equals: A. B. C. D. $3,000 $4,000 $2,000 $1,000 2. A company receives a $50,000 cash deposit from a customer on October 15 but will not provide services until November 20. Which of the following statements is true?
c. ____F____ Paid a $5,000 dividend. d. __O______ Purchased $8,800 of merchandise for cash. e. ___F_____ Received $100,000 from the issuance of common stock. f. __O______ Paid $1,200 of interest on a note payable. g. _____I___ Acquired a new laser printer by paying $650.
The first person to guess correctly wins. After careful consideration, the best method for solving this problem would be to use the process of elimination. The prompt provides you with an adequate amount of information; you just need to make adjustments once new information is unveiled. To begin, Andy draws the question card, “Do you see two or more players whose cards sum to the same value?” He answers, “`yes.” Table 1, below, represents the sum of Belle’s and Carol’s cards. Table Sum of Belle's cards = 3 + 4 + 7 = 14 | Sum of Carol's cards = 4 + 6 + 8 = 18 | Since these have different sums, but Andy sees at least two players whose cards have the same sum, then your cards must add up to either 14 or 18.
A random sample of 4 professional athletes produced the following data where x is thenumber of endorsements the player has and y is the amount of money made (in millions ofdollars). x 0 1 3 5 y 3 2 3 8 (a) Find an equation of the least squares regression line. Show all work; writing the correctequation, without supporting work, will receive no credit. (15
The card has an Interest rate of 15.99% p.a. on purchase but Stgeorge offer an Interest free period Up to 55 days interest free on purchases. But has high fees for internet banking and lost or damaged cards. A few of the complimentary insurances this credit card has is Complimentary overseas travel insurance cover which allows you to Protect you and your family for trips up to 3 months when you pay for your return tickets prior to leaving Australia using your Gold Card. Unlimited medical expenses cover Up to $10,000 per person for loss or damage to personal items.
When Mr. Jones walked by the gumball machine he had his twins who both wanted the same color gumball but it doesn’t matter which color. There were four gumball colors red, white, blue, and green. What is the highest amount of money that Mr. Jones can spend to get two of the same color gumballs? The answer I got was five cents because if he got one of each color spending four cents he would only need to spend one more penny. In my next question, there is Octomom with eight kids and two colors of gumballs (red, white).
Only up until February 1934, gold stayed at about $20 per ounce. To accumulate gold for coinage, the Americans had to rise to $16 to its buying price. The amount raised was up to $250 million in value (Blue J Web Designs 1). With these examples, it tells how the economy was chaos. In 1848, newly produced gold increased the U.S. money supply.