Louis spent $200 playing bingo at his church. Since the profits went to the church, Louis can deduct $200 as a charitable contribution. True False

Q: 5. What information is shown on a W-2 statement?

A: W-2 is very important for paying the taxes and preparing the the income tax return and it is…

Q: Concord Corporation's charter authorized issuance of 96,000 shares of $10 par value common stock and…

A: The company issues either common shares or preferred shares. When the company issues these shares…

Q: Question 25

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Read and interpret anincome statement.

A: It shows the income generated by the company.

Q: A figured out

A: Pre determined Overhead rate Calculation  Overhead cost  $      28,80,000 Divided By  Direct…

Q: How about the Question 3

A: The present value of growth opportunity is defined as the value of stock attributed to the earnings…

Q: What is the SML? What is the CAPM? What is the APT?

A: Security Market Line (SML):The Security Market Line (SML) is a graphical representation of the…

Q: All of problems 3

A:

Q: hat is APY

A: In interest there is compounding and other is simple interest. In the compouding there is interest…

Q: Jane Evans receives payments of $900 at the beginning of each month from a earned by the fund is…

A: Pension fund provides the pension for retirement based on the fund available interest rate and time…

Q: how this 0.625 comes ?

A: Coupon bond comes with semiannual coupons at a certain rate.  This is the amount of cash received in…

Q: What is CAPM? How about APT?

A: CAPM and APT are two common models for pricing used in finance. These are explained below.

Q: Define attainable set

A: Attainable SetA set of all the portfolios that are possible to be formed by the group of the number…

Q: Define the term realization principle.

A: Accounting: Accounting refers to the information system, where the economic activities of a…

Q: Define unicorn

A: The term Unicorn in finance was popularized by Aileen Lee, a popular venture capitalist &…

Q: Complete requirement 1

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Explain- Agency cost.

A:

Q: 3 Calculate WACC

A: Weighted average cost of capital (WACC) is used as a hurdle rate for evaluating capital investment…

Q: What is EBITDA?

A: EBITDA is a metric which is used to measure the company's profitability. Though there is no legal…

Q: Determine whether the correspondence is a function. Domain Range 21 17 18 15 Is this correspondence…

A: A function is a relation between the set of inputs to a set of outputs where each input has exactly…

Q: What is cpj

A: Financial accounting involves the work of recording and posting of financial transactions into the…

Q: What is a CMO?

A: A collateralize mortgage obligation (CMO) refers to a type of mortgage-backed security that contains…

Q: I Need Formulation

A: Part a: Contribution margin ratio for 2012=Net sales-Total variable costNet…

Q: can you answer d

A: Indifference curve is graph showing the different combination of risk and return for the given level…

Q: M&M Proposition I and II using your own words.

A: M&M proposition means miller & Modigliani. It consists of 2 propositions. Proposition  I…

Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.