Lindley Textiles recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,000 of depreciation. The company had no amortization charges and no non-operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus-state income tax rate was 40%. How much was
Unless otherwise specified, Alexa has no sources of passive income Assuming Alexa receives $20,000 in gross rental receipts, answer the following questions: 1. What effect does the rental activity have on her AGI for the year? The rental activity does not have any effect on the AGI. As the condo has significant rental use and no personal use at all, all expense should be allocated to the rental use. In Alexa's situation, all expenses incurred in this year is 28,900 while the passive income is only 20,000.
| | | | b) | $3,000 LTCG. | | | | c) | $11,000 LTCG. | | | | d) | Loan basis of $10,000. | | Hide Feedback | | | RATIONALE: The $11,000 distribution reduced the $10,000 income, so there is no “net increase” to be applied to the loan basis. Thus, the $11,000 distribution reduces the new $10,000 stock basis to zero, with a $1,000 LTCG.
1. If the Hunter Corp. has an ROE of 13 and a payout ratio of 30 percent, what is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate ____% 2. The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 6,700 Assets $22,050 Debt $ 8,050 Costs 3,850 Equity 14,000 Net income $ 2,850 Total $22,050 Total $22,050 Assets and costs are proportional to sales.
Retrieved May 27, 2011, from Law OFfice of Melissa C. Marsh: http://www.yourlegalcorner.com/articles.asp?id=66&cat=emp California Supremer Court Nixes Most Non-Compete Agreements. (2010, April 11). Retrieved May 26, 2011, from Insurance Day: http://www.insuranceday.org/california-supreme-court-nixes-most-non-compete-agreements/ Definition of Confidentioality Agreement. (2011). Retrieved May 26, 2011, from Small Business Notes: http://www.smallbusinessnotes.com/small-business-resources/definition-of-confidentiality-agreement.html Law, D. D., & Eppright, K. M. (2008, October).
Line 17—Disposition of exercised the option is not taxable for the excess, if any, of: Property the regular tax. His regular tax basis in 1. The fair market value of the stock the stock at the end of 2009 is $20,000. Your AMT gain or loss from the For the AMT, however, Ash must acquired through exercise of the option disposition of property may be different include the $180,000 as an adjustment (determined without regard to any lapse from your gain or loss for the regular on his 2009 Form 6251. His AMT basis restriction) when your rights in the tax.
Assume that the bond is a zero coupon bond (i.e., the only payment is the one at maturity) and that company Z has no other debt outstanding. Other relevant parameters are as follows: • • • • • Company Z current asset value: €100 million Total bond issue face value: €80 million (i.e., leverage of 80%) Risk free interest rate: 2% Standard deviation of return on company Z assets: 30% Bond maturity date: one year from
Top brand is microbreweries 39 million out of the 86 million Signature cream ale has been selling one million or less. With steady sales only in central. Only 3 specialities offered in the east Black ice Canadian ice Micro #1 for 4 years with upwards of 8 million increasing every year Recommendations Carling should not come out with a light beer- if so sell in the east increasing in the west does the best in the west MGD- take it out of central sell only in west 5 regular beers not decreasing-
The stock currently sells for $31 per share. What is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return _____ % 5. The Starr Co. just paid a dividend of $1.55 per share on its stock.
[10] According to The Economist, however, IKEA's charitable giving is meager, "barely a rounding error in the foundation's assets. "[10] In 2009, Sweden's largest television station, SVT, revealed that IKEA's money—the three per cent collection from each store—does not actually go to a charitable foundation in Holland, an IKEA has said. Inter IKEA is owned by a foundation in owned by a foundation in Liechtenstein, called Interogo, which has amassed twelve billion dollars, is controlled by the Kamprad family. [10] [edit] Environmental performance After initial environmental issues like the highly publicized formaldehyde scandals in the early 1980s and 1992, IKEA took a proactive stance on environmental issues and tried to prevent future incidents through a variety of measures. [51] In 1990, IKEA invited