User Account

All Pages

How much of the prize should hal include in his gross income

Assignment Help Financial Management
Reference no: EM132360023

Question

Hal Gore won a $2.2 million prize for special contributions to environmental research. This prize is awarded for public achievement, and Hal directed the awarding organization to transfer $582,500 of the award to the Environmental Protection Agency. How much of the prize should Hal include in his gross income?

Reference no: EM132360023

Questions Cloud

Research on internal and external environmental factors : Explain your organisation's (caltex) requirements for documenting research on internal and external environmental factors related to strategic planning process.
What is the purpose of power moves : What is the purpose of power moves? Describe a situation when a power move would be necessary.
Efforts to keep negotiations on track : What approaches do you consider when making efforts to keep negotiations on track?
Hinder long-term business success : In what ways does using the wrong metrics (or using metrics in the wrong ways) hinder long-term business success?
How much of the prize should hal include in his gross income : Hal Gore won a $2.2 million prize for special contributions to environmental research. This prize is awarded for public achievement.
Power in an unethical manner : Northouse writes, "A leader needs to be aware and sensitive to how he or she uses power." Discuss how you could use each type of power in an unethical manner.
Organizational culture to employees and customers : How do you think each of these things conveyed the organizational culture to employees and customers/clients.
How can you apply the concept of the subject : How can you apply the concept of the subject Legal Ethics and Management consultant in your job as Junior office administrative officer?
Which therapeutic approach would be beneficial treatment : Briefly share the plot of a book, movie, or television show in which the main character(s) presented one of the psychological disorders discussed.

Reviews

Write a Review

Financial Management Questions & Answers

  Compute amount you must pay for the remainder of loan

You receive a loan for $11,931 where the APR is 7.6%, Compute the amount you must pay for the remainder of the loan."

  Put-call parity

A stock is currently selling for $71 per share. A call option with an exercise price of $73 sells for $3.55 and expires in three months.

  Statements is correct with regard to ESOPs

Which of the following statements is correct with regard to ESOPs:

  What are total payments and what is total interest paid

What are monthly payments. What are total payments. What is total interest paid.

  Calculate the present value of the payments for option

Calculate the present value of the payments for option (a), if the interest rate is 1.00% per month.

  Requires you to make weekly payments

He charges an annual interest rate of 15.7 percent but requires you to make weekly payments and pay the loan off in full within one year.

  Consider bond with a face value

Consider a bond with a face value of $1000. The coupon payment is made semi-annually and the yield on the bond is 12%.

  Evaluate the vintages return on equity

Vintage, Inc. has a total asset turnover of 1.55 and a net profit margin of 3.65 percent. The total assets to equity ratio for the firm is 2.4.

  How many shares will you own after the split

XYZ has 400,000 shares of common stock outstanding, a P/E ratio of 8, and $500,000 in net income. The board of directors has just voted in favor of the 3-for-2 stock split. You owned 100 shares before the stock split. How many shares will you own aft..

  The present value of the stream of savings estimates

The present value of the stream of savings estimates is?

  What are the current carrying costs-order costs

Louise Manufacturing uses 2,300 switch assemblies per week and then reorders another 2,300. The relevant carrying cost per switch assembly is $9.00, and the fixed order cost is $1,150. What are the current carrying costs?

  How many phones must be sold to achieve the breakeven point

U.S. Telephone Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10% (based on the unit sales price per phone). Fixed manufacturing costs total $1,030 per month, while fixed selling and administrativ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd