Answer:
1,200 shares held at a cost basis of $37.50
Explanation:
Since there are 1,000 shares are purchased
and the stock dividend is 20%
So the number of shares after the dividend is
= 1,000 × (1 + dividend percentage)
= 1,000 × (1 + 0.20)
= 1,000 × 1.20
= 1.200
And, the price per share is
= $44 + $1
= $45
So, the cost basis would be
= $45 ÷ 1.20
= $37.50
hence, the tax status of the investment is 1,200 shares held for cost at $37.50 basis
Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.
Business ethics will never tell you exactly what to do in all decisions. The study of business ethics is designed to help you understand the importance of your decisions, inform you of impacts, describe the ethical decision-making process, and help you recognize ethical issues, but it will not tell you what to do. It will simply give you the tools necessary to make a decision.
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
La cuenta de pérdidas y ganancias (P&G) es un estado financiero que resume los ingresos, los costos y los gastos incurridos durante un período específico, generalmente un trimestre o año fiscal. La cuenta de pérdidas y ganancias es sinónimo de la cuenta de resultados. Estos registros proporcionan información sobre la capacidad o incapacidad de una empresa para generar beneficios mediante el aumento de los ingresos, la reducción de los costos o ambos. Algunos se refieren al estado de ganancias y pérdidas como un estado de ganancias y pérdidas, estado de resultados, estado de operaciones, estado de resultados financieros o ingresos, estado de ganancias o estado de gastos
