Suppose you invested $100 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $3 today and then you sold it for $96 What was your dividend yield and capital gains yield on the investment? OA. 3%, -4% OB. -3%, 4% O C. 4%, 3% OD. 3%, 4% SITE
Q: What are the tax consequences to Paul?
A: The tax consequences for the partner are computed by taking the difference between carrying value of…
Q: Sumner's only disposition during the year, what is the amount of Sumner's §1231 gain or loss? (Use…
A: Capital gain is the gain earned after the sale of Fixed Assets at a price over the Book Value. Net…
Q: Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen…
A: The balance sheet is a summary of permanent accounts prepared at the end of the accounting period.…
Q: The newly formed company uses the following accounts. Cash Income Taxes Payable Accounts…
A: Balance sheet is a financial statement which shows business assets, liabilities and shareholder…
Q: Culver Company uses a flexible budget for manufacturing overhead based on direct labor hours.…
A: The flexible budget is prepared to compare the actual and standard production costs. The variance…
Q: Davidson Corp. produces a single product: fireproof safety deposit boxes for home use. The budget…
A: Variances is the amount of difference between the actual values and the values estimated by the…
Q: Not taxable Question 4 of 15. Niraj received Form 1099 - DIV, reporting $800 in dividends for 2021.…
A: The practice of purchasing additional shares of an investment, such as stocks or mutual funds, with…
Q: Prepare general journal entries for the following transactions of a new company called…
A: JOURNAL ENTRIESJournal Entry is the First stage of Accounting Process. Journal Entry is the Process…
Q: Job Order Cost Accounting for a Service Company The law firm of Furlan and Benson accumulates costs…
A: You enter transaction details into your company's books to create a journal entry. In the second…
Q: The methods used by a CPA firm to ensure that the firm meets is profes is O continuing professional…
A: A CPA firm is engaged in providing financial related services or audits to companies with respect to…
Q: In a bank reconciliation, to adjust for the bank's deducting $980 for a company check that you wrote…
A: Bank reconciliation statement :— It is the statement that shows the reconciliation of balance as per…
Q: The cash benefits provided by Social Security come from: O current payroll taxes paid by covered…
A: A cash allowance is a regular payment provided to cover specific expenses. Employers often give…
Q: Firm E must choose between two alternative transactions. Transaction 1 requires a $13,650 cash…
A: As per tax rules, certain expenses incurred are deductible from total income for the purpose of…
Q: 4. Ms. JK recently made a gift to her 19-year-old daughter, Alison. Ms. JK's marginal income tax…
A: Tax saving refers to the numerous tactics and activities that people or organizations use to…
Q: Select the financial statement to which the item belongs. Items a. The change in retained earnings…
A: Income statement is a financial statement that shows profitability, total revenue and total…
Q: Analyzing Footnote Disclosure of Pension Buy-out In a press release dated December 3, 2018, Bristol…
A: To determine the net funded status at December 31, 2019, we need to consider the impact of the…
Q: The following data pertain to Babor Company for the fiscal year ended December 31: Prior December 31…
A: The cost of goods manufactured is the total cost of producing the goods. It includes direct material…
Q: Sale of EquipmentPrepare the journal entry for the following transactions: (1) Geysler Company sold…
A: The objective of the question is to prepare the journal entries for the sale of old equipment by…
Q: Crane Corporation is considering a eliminating a department that has incurred losses over the past…
A: The elimination of a department leads to decrease in the income with the loss of contribution margin…
Q: Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000, and…
A: Break Even Point:It is the point at which the total cost is equal to the total revenue.It also means…
Q: Warner Co. is a manufacturer of wagons. How much will the company report as cost of goods sold on…
A: Cost of goods sold budget shows the expenses incurred for producing a product. Cost of goods sold is…
Q: Ivanhoe Company is owned by Rachel Ivanhoe. The company had total assets of $870,000 and total…
A: Accounting equation is a mathematical equation that shows the relationship between assets,…
Q: Required information [The following information applies to the questions displayed below.] Karane…
A: Legislators create tax laws and regulations based on tax principles in an effort to balance funding…
Q: What causes the decrease in Assets? A. Cash Purchases B. Liabilities C. Payment of Expenses D.…
A: The balance sheet represents the financial position of the business with assets, liabilities and…
Q: Match the description with its appropriate term. Group choices: a. Chief Financial Officer b.…
A: The Chief Executive Officer has the overall responsibility of the management of a company. The…
Q: At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support…
A: Predetermined Overhead Rate :— It is the rate used to allocate manufacturing overhead cost to cost…
Q: (excluding goodwill) had a fair value of $2,900,000 at that time. What amount of loss on impairment…
A: Impairment of goodwill is defined as the accounting charge which business reports when the carrying…
Q: Required information [The following information applies to the questions displayed below.] On…
A: The income statement is prepared to record the revenue and expenses for the current period. The…
Q: Karl Lashley suggested that O location of a lesion was the best predictor of learned performance. O…
A: Karl Lashley's exploration of the relationship between brain lesions and learned performance brought…
Q: On March 1, Nash Co. began construction of a small building. The following expenditures were…
A: Weighted average accumulated cost is the method which is used by the company in order to determine…
Q: Treasury stock is classified as a(n) O Asset O Liability O Equity O Revenue or gain O Expense or…
A: Stock also known as shares are the securities issued by an entity for the purpose of raising funds…
Q: Flounder Industries changed from the double-declining-balance to the straight-line method in 2021 on…
A: Cost of asset = $1,536,000Life = 8 years Salvage value = $96,000
Q: Dan and Bailey are joint filers on the Federal return, but wish to file separate California returns.…
A: Federal Income Tax -The United States government's primary source of funding is the federal income…
Q: 14 s Howell Corporation's activity-based costing system has three activity cost pools-Machining,…
A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: After Bill and Mercedes' tax return was selected for audit, Bill read on the Internet speculation…
A: IRS Audit:It is a review or examination of the company or individuals accounts and financial…
Q: Susan incorporates her sole proprietorship by transferring assets with an FMV of $105,000 and an…
A: The income tax return is a document filed with the tax authority of a country stating the sources of…
Q: Warner Co. is a manufacturer of wagons. How much will the company report as cost of goods sold on…
A: The cost of goods sold is the cost incurred to sell the goods to the customer. It includes the cost…
Q: Granny's Greens reported Interest expense of $6,500, Income tax expense of $27,000 and Net income of…
A: Interest coverage ratio is calculated by dividing income before interest & tax by interest…
Q: 2. A vegetable oil refining company obtains four products whose cost details are: Joint costs of the…
A: Joint Costs:These are the expenses incurred in the production of more than one product.A joint cost…
Q: QUESTION 3 The following errors were revealed after an investigation: a. The sales journal had been…
A: Answer:- Rectification entries indicate areas where mistakes have been made in the past and require…
Q: Treatment of Capital Gains from the Sale of Property: p 1: Determination of Capital Gain: tal gains…
A: Capital Gain -The profit that is made when an investment or capital asset is sold for more than it…
Q: The Bronco Corporation exchanged land for equipment. The land had a book value of $120,000 and a…
A: Journal Entry is the primary step in recording the transactions in the books of accounts.The…
Q: Mondesto Company has the following debts: Unsecured creditors Liabilities with priority Secured…
A: When an entity liquidates it sells the assets and pays the liabilities. First, the entity makes…
Q: Campbell Manufacturing Company experienced the following accounting events during its first year of…
A: An accounting equation is an equation that states that the total assets of a company is equal to the…
Q: H1 2022 contribution of sweaters to revenues is 20%. In H2 2022, contribution of sweaters to average…
A: The contribution rate of any item towards the revenues is the amount which is to be computed based…
Q: 6. Las Bugambilias, S.A. of C.V. sold 50 defective cell phones for $2,150.00 each, their cost was…
A: Loss is the difference between the selling price and the cost If the cost is higher than the selling…
Q: Rabbi Hirsch received $60,640 in ministerial earnings, which included income reported on the Form…
A: The total income for federal income tax purposes, need to add the ministerial earnings reported on…
Q: he Schoof Company has this book value balance sheet: Current assets $30,000,000 Current…
A: Capital -The term "capital" describes the monetary assets, such as cash, machinery, equipment, and…
Q: The geological consulting firm of Gilbert, Marsh, & Kester prepares adjusting entries on a monthly…
A: Journal Entry:- Way of recording any transaction of a company on the debit and credit side. It works…
Q: during 2024. The company buys debt securities, not intending to profit from short-term differences…
A: Journal Entry: Method of recording financial transactions in the book of original entry by debiting…
Suppose you invested $100 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $3 today and then you sold it for $96 What was your dividend yield and
Step by step
Solved in 3 steps with 2 images
- Suppose you invested $75 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.50 today and then you sold it for $68. What was your return on the investment? A. - 9.53% В. - 8.67% С. - 9.97% D. - 11.27%Suppose you invested $56 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.80 today and then you sold it for $67. What was your return on the investment? OA. 23.18% OB. 16.86% O C. 14.75% O D. 21.07%For each of the investments below, calculate the rate of return earned over the period. Investment Cash Flow During Period - $300 18,000 с 5,000 D 60 E 1,500 (Click on the icon here in order to copy the contents of the data table above into a spreadsheet.) A B The rate of return on Investment A is %. (Round to two decimal places.) Beginning-of-Period End-of-Period Value Value $2,100 160,000 40,000 300 12,000 $700 113,000 45,000 100 13,200
- Use Table 8 to answer the next two questions. Assume the committed capital is $100, the management fee is 2.00%, and the carried interest is 20.00%. Year Called-down Paid in capital Mgmt Fees $26 $31 $21 $10 $12 2015 2016 2017 2018 2019 What is the carried interest in 2019? O $9.85 O $5.40 $9.12 4 O $11.20 Table 8 Operating NAV before Carried NAV after Results Distributions Interest Distributions Distributions -$14 $6 $11 $41 $46 $5 $10 हैUse Table 8 to answer the next two questions. Assume the committed capital is $100, the management fee is 2.00%, and the carried interest is 20.00%. Year 2015 2016 2017 2018 2019 $5.40 What is the carried interest in 2019? Called-down Paid in capital Mgmt Fees $26 $31 $21 O $11.20 $9.12 $9.85 $10 $12 Table 8 Operating NAV before Carried NAV after Results Distributions Interest Distributions Distributions -$14 $6 $11 $41 $46 $5 $10Q.10 The Profitability Fund had NAV per share of $17.50 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.47. Income distributions were $0.75, and the fund had capital gain distributions of $1.00. Without considering taxes and transactions costs, what rate of return did an investor receive on the Profitability Fund last year? A. 11.26% B. 15.54% C. 16.97% D. 21.26% E. 9.83%
- Consider an investment with the following cash flows: Year Cashflows PV of P 1 @ 14% 0 (P 31,000) 1.000 1 10,000 .877 2 20,000 .770 3 10,000 .675 4 10,000 .592 Salvage value 5,000 The cost of capital is 14%. What is the profitability index (PI)? a. 1.842 b. 1.824 c. 1.482 d. 1.284Value UI T IUF WHich PW(1)c PW (1)p? 10. Investments A and B have the net cash flows given. End of year 1 4. $ 75 $ 75 $150 А -$250 -$250 $175 $ 75 $150 $ 75 В $150 Compare the present worth of A with the present worth of B for an in- terest rate of 5%. Which has the higher value? Answer: A If the interest rate is 15%, which has the higher value? Answer: B а. b. On the same axis, graph the present worth of each investment as a func- tion of the interest rate. с.Consider an investment with the following cash flows: Year Cashflows PV of P 1 @ 14% 0 (P 31,000) 1.000 1 10,000 .877 2 20,000 .770 3 10,000 .675 4 10,000 .592 Salvage value 5,000 The cost of capital is 14%. What is the profitability index (PI)? 1.842 1.824 1.482 1.284
- Returns. What are the returns on the following investments, E ? ..... Original Cost of Investment Selling Price of Investment Distributions Investment Received Percent Return CD $800 $810 $0 % (Round to two decimal places.)h. Calculate the total return % in each of the following instances: a. Do = $2.00, dividend growth = 4%, Po = $50, P: = $60 b. Po = $32, Dividend yield % = 5%, P1 = $30 c. Dividend Yield = 4%; Capital Gain = %3D $20; DI = $4A firm has the following investing alternative: Cash Inflows Year A B C 1 $1,100 $3,600 -- 2 1,100 -- -- 3 1,100 -- $4,562 Each investment costs $3,000; investments B and C are mutually exclu- sive, and the firm’s cost of capital is 8 percent. a. What is the net present value of each investment? b. According to the net present values, which investment(s) should the firm make? Why? c. What is the internal rate of return on each investment? d. According to the internal rates of return, which investment(s) should the firm make? Why? e. According to both the net present values and internal rates of return, which…
