Question
26. ABC Inc. plans to sell an asset for $23,000. The asset was acquired 5 years ago for $50,000 and was depreciated using the straight-line
26. ABC Inc. plans to sell an asset for $23,000. The asset was acquired 5 years ago for $50,000 and was depreciated using the straight-line method with an expected life of 5 years. If ABCs tax rate is 21%, then the taxes owed on the sale will be:
:
A $2,000
B $3,00
C $4,100
D $5,200
E None of the above
Answer questions 27-30 using the following data:
eFirm inc. paid a quarterly dividend of $0.15 per share in May 2019. Important dividend-related events happened on the following dates. Answer questions 27-30 using this information.
A. Wednesday, May 8, 2019
B. Wednesday, April 17, 2019
C. Tuesday, April 16, 2019
D. Tuesday, April 2, 2019
- The ex-dividend date was
- The dividend declaration date was
- The dividend payment date was
- The holder-of-record date was
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