Please read and certify that the UF Honor Code Statement is…
Please read and certify that the UF Honor Code Statement is true. “On my honor, I have neither given nor received unauthorized assistance in the completion of this assessment. I understand that gaining or providing an improper academic advantage in any manner, through any medium, is a violation of the University of Florida’s Student Honor Code. I understand that I will receive an academic penalty and will be referred to Student Conduct and Conflict Resolution should I violate the Student Honor Code.” I certify that the above statement is true and I have complied with the UF Honor Pledge. If I fail to certify this as true, I will receive a grade of zero on this assessment.”
Read DetailsAt the beginning of 2021, Minion Inc. has a deferred tax ass…
At the beginning of 2021, Minion Inc. has a deferred tax asset balance of $8,000 and a deferred tax liability balance of $12,000. Pre-tax financial accounting income for 2021 was $600,000 and the enacted tax rate for all years is 40%. All previously existing deferred tax amounts reversed during 2021. The following items cause taxable income to be different than pretax financial income: Interest income from municipal bonds = $48,000 Accrued warranty expense (estimated to be paid in 2022) = $104,000 Installment sales revenue (will be collected in 2022) = $52,000 Prepaid rent expense (will be used in 2022) = $24,000 Which of the following is required to adjust Minion’s deferred tax asset to its correct balance at December 31, 2021?
Read DetailsTarget’s current dividend (D0) is $3.60 per share. The divi…
Target’s current dividend (D0) is $3.60 per share. The dividend have been growing at 8% per year on average and that growth is expected to continue. If Target’s current stock price is $246 per share, what is Target’s expected return? Round your answer to two decimal places and express as a percentage.
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