You purchased GE stock 2 years ago at $76.67 per share just sold them for $88.06 per share. During that time you collected 7 dividends of $3. How much capital gains tax do you owe on this trade per share if you are in the 24% personal income tax bracket and 15% long term capital gain tax bracket? Please give your answer in dollar terms rounded to two decimal places.

Q: Which components of audit risk can an auditor control? Explain

A: An auditor is a professional who is responsible for verifying a business entity's financial…

Q: PR 12-4

A: Date Particulars Debit Amount Credit Amount 30-Jun Asset revaluation  $2,900     Accounts…

Q: Decernaine the couse dagram. 90 60 V3 -(45) 45 99 50 50 20 30 40 /2 50 //

A: Decision tree analysis is risk analysis technique in capital building where different scenarios are…

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: Explain the Rule of 72.

A: In investment and saving management, the doubling period techniques provide the valuation of the…

Q: EX.09.14

A: Meaning of Capital Expenditure: Capital expenditures (CapEx) are funds used by a company to acquire,…

Q: Explain the circumstances of reclassification from FVPL to FVOCI.

A: Reclassification is a journal entry which includes transfer from one general ledger to another. It…

Q: E12.8

A: Treasury stock refers to a method used by the organization to repurchase the issued stock. It is…

Q: where do all of the nonseparately stated items go on the form 1065?where is the net of all those…

A: Form 1065 is an informational type of return need to be filed by the partnership to the IRS.IRS…

Q: Which of the following is not a required fi nancial statement according to IAS No. 1? A . Statement…

A: IAS 1 deals with the presentation of FS (financial statements). This standard explains all the rules…

Q: 6600 is not the answer

A: Child Tax Credit is $3,600 for children aged 6 and Under at end of 2021 Child Tax Credit is $3,000…

Q: Number 33

A: 1)

Q: Please answer sections d), e) and f)

A: Debt Management Ratios are financial metrics that provide insights into a company's ability to…

Q: 321,818 is incorrect. What is the correct answer?

A: Revenue: We consider unit sales and price per unit to determine total revenue.Variable Costs: Based…

Q: Accounting policies for exploration and evaluation costs should be determined in accordance with…

A: Accounting standards are the major source of generally accepted accounting principles (GAAP) and are…

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: 1,352,113.13 is incorrect. What is the correct answer?

A: Net Present Value is used to evaluate the investment and financing decisions that involve cash flows…

Q: What is the answer to part b? Is it -1245? Is the sign negative or positive?

A: The inventory valuation includes two methods named as FIFO (First in First Out) and LIFO (Last in…

Q: Explain preemptive right

A: Answer: A pre-emptive right is a benefit that can be granted to other owners in a company that gives…

Q: Discuss the key features of Section 302 of SOX.

A:

Q: E11.5

A: Face value of bonds outstanding on December 31, 2020 = Total Beginning Balance of Bonds Payable -…

Q: Explanation 1031 like-kind exchange

A:

Q: 605.53 is not the correct answer, please double check

A: Traditional Model & Expected Cash Flow Model: Traditional Approach - In the traditional…

Q: Which basis of measurement is allowed in standard IFRS16?

A: IFRS or International Financial Reporting Standards are the guidelines of accounting given by the…

Q: What is AAA (Section 1368(e))

A: The S corporation is a corporation that chooses to pass all income, losses, deductions, and all…

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: the correct answer is 12.5

A: When a company goes public, it issues stocks to investors in exchange for capital. The investor who…

Q: The answer is somewhat close. The right answer is 1.5337 Please clarify

A: Stock price is $50 Strike price is $52 Risk free rate is 1% Time period is 3 months To Find: Value…

Q: SE13-1, SE13-2, SE13-4 were answered in a previous question. Please look at SE13-4, SE13-5, SE13-6.

A: Since, you have specifically asked for 4, 5 and 6 part. So, we have solved the same for you.

Q: 1. Audit evidence and reliability 2. Indicative going concern factors

A: Audit evidence is the information collected and used to support audit findings. It provides a…

Q: 1,525,394 is the wrong answer. what is the correct one?

A: The recovery of net working capital (NWC) refers to the return of funds initially tied to current…

Q: Define regulation D

A: The Accounting Standards are specific set of principles and procedures set by the authorized bodies…

Q: as fortuitous event? J

A: The pandemic issue has caused in an increase in breach of contract processes worldwide,…

Q: Provide proffesional argument as to why IFRS 16 is preffered for us over IAS 17, and three examples…

A: IFRS 16 and IAS 17 are accounting standards related with leases. On January 2016, IASB issued a…

Q: Which of the following is not a special-purpose journal? A. SJ В. GI C. CRJ D. CDJ

A: Special Purpose Journals:- Transactions that are of similar nature get summarized so that it can be…

Q: Where does 4.0312, 2.9931, and 3.5431 came from? Can you explain?

A: 4.0312,2.9931 and 3.5431 are PV of annuity factors. To determine the equivalent annual saving(EAS,…

Q: I, J, K

A: i. Payment of interest would include an outflow of cash and also an increase in interest expense.

Q: Define R&D according to U.S. GAAP.Define R&D according to U.S. GAAP.

A: Property, Plant, and Equipment: Property, Plant, and Equipment refers to the fixed assets, having a…

Q: Clear Springs Corporation manufactures products J, K and L from a joint process. Additional…

A: Joint costs are the cost of common resources used to produce two or more products or services…

Q: it say 43,636.36 is incorrect

A: Here,Annual Incremental Cahs Inflows is $16,500Time Period is 3 yearsInterest Rate is 10%Note: As…

Q: What is TDS on commission, what is stated under section 194 H?

A: The income statement of the company will be prepared, and maintained by the management which will…

Q: it say 6224.00 is incorrect

A: The problem is based on present worth analysis. Here, net present value of the investment and…

Q: The ct of plaie ppot Agt p pdon A SIPL C S195 D. L0 E Noor of the anwers comect

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…