Answer:
Closed-End Fund
Explanation:
Close-End Funds raise money through an IPO and then its stocks are traded on secondary markets. There are no new issuance of stocks, nor there are repurchases of stocks, therefore, the price of their stocks is determined by the market. That is why their stock price will be based on its net asset value, but it fluctuates and is not dependent on it.
Answer:
1. To determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.
2. Ordinary income of $60,000
Explanation:
1. Based on the information given the factors that she should consider in order to determine the amount as well as the character of her income from these circumstances is to determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.
b. Based on the information given we were told that the tenant paid her the amount of $60,000 in order to cancel its obligations under the lease which means that the amount and character of her income from the cancelled lease will be ORDINARY INCOME of the amount of $60,000 which we were told the tenant paid her in order to cancel its obligations under the lease.
Answer:
Explanation:
weight average = fraction of A X MW of A + fraction of B x MW of B
Mixture 1
1 / 3 x 100000 + 2/3 x 400000 = 900000 / 3 = 300000
Mixture 2
2/3 x 100000 + 1/3 x 400000 = 600000 / 3 = 200000
Number average
Mixture 1
(1 / 100000 x 100000 + 2 / 400000 x 400000) / (1/100000 + 2/400000 )
= 3 x 400000 / 6
= 200000
Mixture 2
(2/100000 x 100000 + 1/400000 x 400000 )/ (2/100000 + 1 / 400000 )
3 x 400000 / 9
=( 4/3 ) x 100000
Answer:
Financial advisor.
Explanation:
A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
Answer: $410 million
Explanation:
Cash flow from operation= $500
Interest expense = $40 million
Net capital expenditures = $150 million
Net new borrowing = $60 million, Net increase in working capital = $20 million.
Marginal tax rate = 30%.
The cash flow from operations includes the Net Earnings adjusted for working capital. Also, the net earnings include the impact of interest expense and the tax expense/shield.
Therefore, the cash flow to equity will be:
= Cash Flow from Operations - Capital Expenditure + Net borrowing
Cash flow to equity will now be:
= 500 - 150 + 60
= $410 million