What amount is taxable

Assignment Help Financial Management
Reference no: EM132951855

Linda, in Saskatchewan, received a movie gift certificate for $50.00 from her employer for her birthday. What amount is taxable?

Reference no: EM132951855

Questions Cloud

Estimating the percentage rent : A tenant has a lease which includes a percentage rent clause that provides for percentage rent of 3.5% of gross sales with a break-point of $3,000,000. The tena
Prepare the journal entries to distribute the weekly payroll : All factory workers receive a three-week paid vacation and 10 paid holidays. Prepare the journal entries to: (a) distribute the weekly payroll
Employment insurance premium on legislated wages : Calculate the Employment Insurance premium on legislated wages in lieu of notice of $2,200.00, paid to an employee in Québec who is paid on a bi-weekly basis.
Example of an item that could be on checklist : The authorization for hiring form should contain a checklist to ensure the organization obtains all required information.
What amount is taxable : Linda, in Saskatchewan, received a movie gift certificate for $50.00 from her employer for her birthday. What amount is taxable?
What the total overhead variance : The predetermined overhead rate for Vaughn Manufacturing is $5, comprised of a variable overhead rate of $3. What the total overhead variance
Determining the total annual rent : A tenant rents 10,000 square feet of space in a 100,000 square-foot Retail Shopping Center Plaza on a triple-net basis. The minimum rent is $12 per square foot
What is the cost of equity of the project : The company's marginal tax rate is 35%. If flotation costs are 5% of the new equity capital raised, what is the cost of equity of the project
Describe margin and short selling : Describe margin and short selling. What are the key differences between the two strategies? Which of the above strategy is riskier? Why?

Reviews

Write a Review

Financial Management Questions & Answers

  Revealed their next capital budgeting decision

Think of a company you’ve heard about recently that has revealed their next capital budgeting decision.

  What is the equivalent annual cost

What is the equivalent annual cost if the required rate of return is 12 percent?

  Estimate your exposure to the exchange risk

Suppose that you hold a piece of land in the city of London that you may want to sell in one year. Estimate your exposure to the exchange risk

  What is the percentage change in the bonds price

A(n) ten-year bond has a yield of 11% and a duration of 7.205 years. If the bond's yield changes by 75 basis points, what is the percentage change in the bond's price?

  What will be the price of stock on the ex-dividend date

What will be the price of the stock on the ex-dividend date if the dividend is declared?

  Find the duration of the bond

Consider a bond with settlement date 01/19/2015. Maturity date of the bond is 11/15/2024. The coupon rate of the bond is 7%, and the bond pays coupons semi annually. The bond has YTM=8%. Find the duration of the bond. What would be the duration of th..

  Use a required rate of return or cost of capital rate

When discounting back to PV (from FV), why must we use a required rate of return or cost of capital rate? Explain these concepts fully.

  List the objectives of the proposed remuneration strategy

List all the remuneration benefits relevant to these jobs, and ensure these benefits are covered under this proposed remuneration strategy.

  Family restaurant business

Twins Jessica and? Joshua, both? 25, graduated from college and began working in the family restaurant business. how much will Jessica have at? retirement?

  What is the annualized cost of the bank loan

If Paymaster plans to borrow $80,000 for a period of 6 months, what is the annualized cost of the bank loan?

  What is the compound value of the payments

How long will it take to triple your money with an interest rate of 10 percent? On the advice of your broker ten years ago, you invested in a $6 stock that is now selling for $30. At what rate has your capital grown? What is the compound value of the..

  The world economy when us economy is their responsibility

Do you think the Fed should be responsible for the world economy when the US economy is their responsibility?

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!

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