23. Hurko, LP was formed in 2006 and adopted a calendar year. Here is a schedule of Hurko’s net Section 1231 gains and (losses) reported on its tax returns through 2011. 2006 2078 2008 2009 2010 2011 -0- (3,800) 9,040 (15,900) -0- -0- In 2012, Hurko recognized a $25,000 gain on the sale of business land. How is this gain characterized on Hurko's 2012 tax return? A. $25,000 Section 1231 gain. B. $9,100 ordinary gain and $15,900 Section 1231 gain. C. $15,900 ordinary gain and $9,100 Section 1231 gain. D. $25,000 ordinary gain. E. None of the above.

Respond to the following in a minimum of 175 words:

• The world's population grows each year. Does this mean that the mass of Earth increases each year? How old are atoms? Explain your answer with an example.

PLEASE TYPE RESPONSE DO NOT HAND WRITE!!

You are considering an investment that will pay you $1,200 in one year, $1,400 in two years, and $1,600 in three years, $1,800 in four years, and $11,000 in five years. All payments will be received at the end of the year. • Your opportunity cost of capital (r ) is 10.5% • Using the present value formula calculate the present value of each of the cash flows by 1. Discounting cash flows using annual compounding 2. Discounting cash flows using monthly compounding 3. Discounting cash flows using continuous compounding • How much would you be willing to pay for the investment using each of the three different compounding scenarios? That is, what is the present value of the cash flows from the investment using each of the three different compounding scenarios? • Which of the three present values is the largest (annual, monthly or continuously compounded returns)? Please explain why this is the case. do not use a calculator or excel to solve

Ward Corp. is expected to have an EBIT of $2,750,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $182,000, $119,000, and $132,000, respectively. All are expected to grow at 19 percent per year for four years. The company currently has $21,500,000 in debt and 820,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3.0 percent indefinitely. The company’s WACC is 9.3 percent and the tax rate is 35 percent.

What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
  
Share price            $

A 20 year annuity pays 1600 per month at the end of each month. if the discount rate is 10% compounded monthly for the first nine years and 8% compounded monthly thereafter, what is the present value of the annuity?

Derek will deposit $2,480.00 per year for 21.00 years into an account that earns 16.00%, The first deposit is made next year. How much will be in the account 39.00 years from today?

Submit

Answer format: Currency: Round to: 2 decimal places.

unanswered

not_submitted

#2

Derek will deposit $2,323.00 per year for 5.00 years into an account that earns 5.00%. The first deposit is made today. How much will be in the account 5.0 years from today? Note that he makes 5.0 total deposits.

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Answer format: Currency: Round to: 2 decimal places.

unanswered

not_submitted

#3

Derek will deposit $1,891.00 per year into an account starting today and ending in year 8.00. The account that earns 14.00%. How much will be in the account 8.0 years from today?

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Answer format: Currency: Round to: 2 decimal places.

unanswered

not_submitted

#4

Derek will deposit $7,984.00 per year for 11.00 years into an account that earns 8.00%, The first deposit is made next year. How much will be in the account 44.00 years from today?

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Answer format: Currency: Round to: 2 decimal places.

unanswered

not_submitted

#5

Derek will deposit $5,819.00 per year for 17.00 years into an account that earns 15.00%, The first deposit is made next year. He has $16,600.00 in his account today. How much will be in the account 36.00 years from today?

Submit

Answer format: Currency: Round to: 2 decimal places.

Below is a table for the present value of $1 at compound interest.

Below is a table for the present value of an annuity of $1 at compound interest.

Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next 4 years, what would be the present value of the investment cash inflows, assuming an earnings rate of 12%?

At the end of the year ABC Company reported long-term debt of $3,974 million and the current portion of long-term debt of $219 million. At the end of the prior year they reported long-term debt of $3,503 million and the current portion of long-term debt of $268 million. How much (in $ millions) did the company receive from issuing new long-term debt or pay off any existing debt? If they issued debt, enter your answer as a positive number; if they repaid debt, be certain to place a negative sign in front of your answer. (please show all steps)

Midlands Inc. had a bad year in 2019. For the first time in its history, it operated at a loss. The company’s income statement showed the following results from selling 80,000 units of product: net sales $1,600,000; total costs and expenses $1,824,800; and net loss $224,800. Costs and expenses consisted of the following.

Management is considering the following independent alternatives for 2020.

(a) Compute the break-even point in dollars for 2019. (Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answer to 0 decimal places, e.g. 2,510.)

(b) Compute the break-even point in dollars under each of the alternative courses of action for 2020. (Round contribution margin ratio to 3 decimal places e.g. 0.251 and final answers to 0 decimal places, e.g. 2,510.)

At the beginning of the year, long-term debt of Cooper Tires is $2,459 and total debt is $3,018. At the end of the year, long-term debt is $2,573 and total debt is $3,319. The interest paid is $129. What is the amount of the cash flow to creditors?