Tabitha sells real estate on March 2 for $260,000. The buyer, Ramona, pays the real estate taxes of $5,200 for the calendar year, which is the real estate property tax year. Assume that this is not a leap year.
a. Determine the real estate taxes apportioned to and deductible by the seller, Tabitha, and the amount of taxes deductible by Ramona.
b. Calculate Ramona’s basis in the property and the amount realized by Tabitha from the sale.
In: Accounting
Tom sells real estate on March 2 for $260,000. The buyer, Raul, pays the real estate taxes of $5,200 for the calendar year, which is the real estate property tax year. Assume that this is not a leap year.
A. Determine the real estate taxes apportioned to and deductible by the seller, Tom, and the amount of taxes deductible by Raul.
B. Calculate Raul's basis in the property and the amount realized by Tom from the sale.
In: Accounting
If a sum of $9257 is deposited now, $1374 two years from now, and $1375 per year in years 6 through 10, the amount in year 10 at an interest rate of 10% per year will be closest to:
a. $35350
b. $35346
c. $100368
d. None of the answers
In: Finance
The price of a stock is $55 at the beginning of the year and $50 at the end of the year. If the stock paid a $3 dividend and inflation was 3%, what is the real holding-period return for the year?
In: Finance
what is the 3 year financial forecasting for Nvidia?
In: Finance
Year
Technology Energy
2000: -24.31 30.47
2001: -38.55 -12.49
2002: -36.89 -11.61
2003: 68.59 27.84
2004: -9.98 35.94
2005: 17.81 70.70
2006: 3.79 -2.12
2007: -3.13 29.30
2008: -42.51 -48.25
2009: 79.03 40.13
2010: 45.03 34.25
2011: -12.21 -8.76
what I have to find. There are 2 data FUNDS in the file: Technology and Energy.
1) For each fund, compute using Excel: the Average, Median, Mode, the first percentile, the third percentile.
2) Graph the Box-Plot for each fund (called Box and Whisker in Excel).
3) For each fund, compute using Excel: the Range, Mean Absolute Deviation, the variance, the standard deviation and the coefficient of variation.
4) Using Excel, compute the Sharpe-Ratio for each fund using the risk free return of 3%. 5) Using Excel, compute the correlation between both funds.
In: Statistics and Probability
Universal Calendar Company began the year with accounts receivable and inventory balances of $100,000 and $80,000, respectively. Year-end balances for these accounts were $120,000 and $60,000, respectively. Sales for the year of $600,000 generated a gross profit of $200,000. Calculate the receivables and inventory turnover ratios for the year.
In: Accounting
explain the volatility of the 2019 year to now in stocks
In: Finance
social security benefits received during the year?
In: Accounting
Mc-Entire manufactures:
Sales for the year 698,000
Inventories at the beginning of the year
Finished goods 12,400
Work in process 13,800
Materials 9,400
Purchased raw material during year 220,000
Transportation In 5,000
Direct labor 107,350
Factory overhead 65% of labor cost --
Inventories at the end of the year
Finished goods 19,300
Work in process 15,200
Materials 10,900
Other expenses of the year
Marketing expense 12,730
Administrative expense 19,200
Depreciation of office equipment 5,500
Distribution cost 11,000
Requirement:
In: Finance