Alan purchased stock for $3,000; the broker's fee (transaction cost) was $35. He held the stock for 12 months and one day and then sold it for $3,500 (less another transaction cost of $35). He received $50 in cash dividends. His income taxes on this transaction were $55 (15% tax bracket). The inflation rate was 3%. What was Alan's real total return?
Fill in the blank(s) with the appropriate word(s).
$335
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If Department K had 2,500 units, 45% completed, in process at the beginning of the period, 15,000 units were completed during the period, and 1,200 units were 40% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories?
A) 16,855 B) 16,605 C) 13,460 D) 14,355
Many advertisements by companies are just "puff" and not meant to create a binding contract
Indicate whether the statement is true or false
Mercy, the chief executive officer of Medico Hospital Corporation, claims that certain actions by the state of New York infringe on rights guaranteed by the Bill of Rights. Most of these rights are held to limit
A. federal governmental actions only. B. federal and state governmental actions. C. state governmental actions only. D. actions by non-governmental entities only.
A lien release can be used by the property owner to defeat a statutory lienholder's attempt to obtain payment.
Answer the following statement true (T) or false (F)