Homework Answers
D.capital gains (loss) if sold more than one year from purchase.
The income from buying and selling of shares will be considered as,investing activity, so the income from sale of shares will be considered as capital gains.
In case the shares are held for less than one year, the amount will be taxed as normal income.
In case the shares are held for more than one year, the amount will be taxed as capital gain.
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Please solve clearly and explain all steps The money from dividends is considered income. The gain...
Please solve clearly and explain all steps Modified Food Inc. just paid out a dividend of...
Please solve clearly and explain all steps
Modified Food Inc. just paid out a dividend of $1.25 and it forecasts company growth at an average of 7 % per year for the foreseeable future. If an investor wants 12 % return on his money, what is he willing to pay for Modified Foods Inc. to buy and hold the shares for dividend income? Pay no more than $32.44 Pay no more than $25 Pay no more than $19.84. Pay no...
Rosie is head of household, has $47,000 of taxable income in 2018 from non-capital gain or...
Rosie is head of household, has $47,000 of taxable income in 2018 from non-capital gain or loss sources, and has the following capital gains and losses: 28% long term capital gain : $4,300 28% long term capital loss : ($2,000) 0% 15% 20% long term capital gain 19,000 Short term capital loss : ($1,700) Ignore standard deductions and exceptions. What is Rosie's taxable income and the tax on that taxable income?
Please solve clearly and explain all steps Liquified Foods Inc. has declared its next three dividends...
Please solve clearly and explain all steps
Liquified Foods Inc. has declared its next three dividends will be $0.80, $0.95, and $1.12. The stock price should be $50.00 per share at the time of the third dividend. If an investor wants 9% return on his money, what is he willing to pay for a share of Liquified Foods Inc. now? He will pay $61.09 or less He will pay $41.01 or less He will pay $57.82 or less He will...
Question 8 (30 points) Please USE an Excel spreadsheet to answer the questions and upload the...
Question 8 (30 points) Please USE an Excel spreadsheet to answer the questions and upload the file to the dropbox. Over a two year period ending on December 31, 2019, you had the following financial data: 2018 2019 Business Income (Loss) (10,000) Farming Income (Restricted Farming Losses) (2,000) Taxable ( Grossed up) Dividends 12,000 Other information: 1. You sold shares of Style Inc., a qualified small business corporation, for $354,000. The adjusted cost base of these shares was $50,000. Selling...
Please solve clearly and explain all steps Overcooked Foods Inc. preferred stock pays out a dividend...
Please solve clearly and explain all steps
Overcooked Foods Inc. preferred stock pays out a dividend of $1.20 per share every year. The company's riskiness demands a 9.33 % return on investment to be competative. What is your price point for this stock? Pay no more than $31.51 Pay no more than $33.78 Pay no more than $41.79 Pay no more than $12.86 Pay no more than $28.63
Please solve clearly and explain all steps A discount bond sells for less than par. This...
Please solve clearly and explain all steps
A discount bond sells for less than par. This means the Yield to Maturity is... ...is a premium bond rate. ...is equal to the coupon rate. ...higher than the coupon rate. ...lower than the coupon rate.
a. (4-4a) Who includes income from personal services in the gross income? b. (4-4b-dividends) To whom...
a. (4-4a) Who includes income from personal services in the gross income? b. (4-4b-dividends) To whom are dividends taxed? (e.g., when a taxpayer sells stock after dividend has been declared but before the record date) How is it different for a sale and a gift? (4-5a) How are gains and losses from property transactions recognized for tax purposes? a. How do you calculate realized gain or loss? How are they recognized? b. How are the net capital gain/loss taxed for...
the questions are highlighted in yellow loss co had the following items of income and deductions...
the questions are highlighted in yellow
loss co had the following items of income and deductions fir the
current year
in addition, loss co has the following capital loss carry
forward and NOL carry forward schedules. update the carry over
tables after each year.
calculate the dividends recieved deduction and net operatibg
loss for the following three years
н B C D E F G Dividends Received Deduction and Net Operating Loss Example Loss Co. had the following items of...
please explain where any values used are comjng from and the calculations ( all work) im...
please explain where any values used are comjng from and the
calculations ( all work) im really teying to understand, ans
struggling.
thank you so much!!!!
Windsor Corp. has 149,520 shares of common stock outstanding. In 2020, the company reports income from continuing operations before income tax of $1,229,200. Additional transactions not considered in the $1,229,200 are as follows. 1. 2. In 2020, Windsor Corp. sold equipment for $36,200. The machine had originally cost $83,500 and had accumulated depreciation of...
income statement Please solve debt management ratio and profitabilty ratio also explain what you did for...
income statement
Please solve debt management ratio and profitabilty ratio also
explain what you did
for
2019
Walmart Inc. Consolidated Statements of Income Fiscal Years Eaded January 31, 2018 2017 2019 s 510,329 $ 4,076 514,405 495,761 S 4,582 500,343 481,317 4556 485,873 385,301 107,147 21,957 373,396 106,510 20,437 361 256 101 853 22,764 (Amount in millions, cept per share data) Revenues: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling general and...
Please solve clearly and explain all steps
Modified Food Inc. just paid out a dividend of $1.25 and it forecasts company growth at an average of 7 % per year for the foreseeable future. If an investor wants 12 % return on his money, what is he willing to pay for Modified Foods Inc. to buy and hold the shares for dividend income? Pay no more than $32.44 Pay no more than $25 Pay no more than $19.84. Pay no...
Please solve clearly and explain all steps
Liquified Foods Inc. has declared its next three dividends will be $0.80, $0.95, and $1.12. The stock price should be $50.00 per share at the time of the third dividend. If an investor wants 9% return on his money, what is he willing to pay for a share of Liquified Foods Inc. now? He will pay $61.09 or less He will pay $41.01 or less He will pay $57.82 or less He will...
Question 8 (30 points) Please USE an Excel spreadsheet to answer the questions and upload the file to the dropbox. Over a two year period ending on December 31, 2019, you had the following financial data: 2018 2019 Business Income (Loss) (10,000) Farming Income (Restricted Farming Losses) (2,000) Taxable ( Grossed up) Dividends 12,000 Other information: 1. You sold shares of Style Inc., a qualified small business corporation, for $354,000. The adjusted cost base of these shares was $50,000. Selling...
Please solve clearly and explain all steps
Overcooked Foods Inc. preferred stock pays out a dividend of $1.20 per share every year. The company's riskiness demands a 9.33 % return on investment to be competative. What is your price point for this stock? Pay no more than $31.51 Pay no more than $33.78 Pay no more than $41.79 Pay no more than $12.86 Pay no more than $28.63
Please solve clearly and explain all steps
A discount bond sells for less than par. This means the Yield to Maturity is... ...is a premium bond rate. ...is equal to the coupon rate. ...higher than the coupon rate. ...lower than the coupon rate.
a. (4-4a) Who includes income from personal services in the gross income? b. (4-4b-dividends) To whom are dividends taxed? (e.g., when a taxpayer sells stock after dividend has been declared but before the record date) How is it different for a sale and a gift? (4-5a) How are gains and losses from property transactions recognized for tax purposes? a. How do you calculate realized gain or loss? How are they recognized? b. How are the net capital gain/loss taxed for...
the questions are highlighted in yellow
loss co had the following items of income and deductions fir the
current year
in addition, loss co has the following capital loss carry
forward and NOL carry forward schedules. update the carry over
tables after each year.
calculate the dividends recieved deduction and net operatibg
loss for the following three years
н B C D E F G Dividends Received Deduction and Net Operating Loss Example Loss Co. had the following items of...
please explain where any values used are comjng from and the
calculations ( all work) im really teying to understand, ans
struggling.
thank you so much!!!!
Windsor Corp. has 149,520 shares of common stock outstanding. In 2020, the company reports income from continuing operations before income tax of $1,229,200. Additional transactions not considered in the $1,229,200 are as follows. 1. 2. In 2020, Windsor Corp. sold equipment for $36,200. The machine had originally cost $83,500 and had accumulated depreciation of...
income statement
Please solve debt management ratio and profitabilty ratio also
explain what you did
for
2019
Walmart Inc. Consolidated Statements of Income Fiscal Years Eaded January 31, 2018 2017 2019 s 510,329 $ 4,076 514,405 495,761 S 4,582 500,343 481,317 4556 485,873 385,301 107,147 21,957 373,396 106,510 20,437 361 256 101 853 22,764 (Amount in millions, cept per share data) Revenues: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling general and...
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