Business, 16.10.2019 23:00 maxraph108
Alvin is employed by an automobile dealership as its manager. as such, he purchased an suv for $32,000 (fair market value is $48,000). no other employees are permitted a discount. what is alvin’s basis in the suv? a. $16,000. b. $32,000. c. $48,000. d. $80,000. e. none of the above.
Answers: 2
Business, 22.06.2019 06:30, coralaguilar1702
73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above
Answers: 2
Business, 23.06.2019 09:30, skdkdksks
Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. his employer offers to let him convert a large portion of his salary into stock options. what is not a valid reason to turn down the stock offer? a)stocks with high returns have high volatility, and ronald's company may not grow further. b)ronald may be taxed more for capital gains than he would be for employment income. c)stock options are illiquid, and ronald may not be able to use them to pay for unexpected bills. d)ronald would be committing stock fraud if he exercises the options.
Answers: 1
Alvin is employed by an automobile dealership as its manager. as such, he purchased an suv for $32,0...
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