You have just won ​$20,000 in the state​ lottery, which promises to pay you ​$1,000​ (tax free) every year for the next twenty years. The interest rate is​ 5%. In​ reality, you receive the first payment of ​$1,000​ today, which is worth ​$ nothing today. ​(Round your response to the nearest penny.​) The value of the second​$1,000 payment is worth ​__________ $

Answers

Answer 1

Answer:

$952.38

Explanation:

The net present value is given by the expression as shown below:

[tex]NPV=\frac{Future value}{(1+r)^{n} }[/tex]

Plugging the values in the above expression,

r=0.05

Future value =$1,000

n=1

[tex]NPV=\frac{1000}{(1+0.05)^{1} }\\NPV=952.38[/tex]

The value of the second​$1,000 payment is worth $ 952.38


Related Questions

Actividad
Clasificar las siguientes palabras entre PRODUCTOS Y SERVICIOS.
Electricidad Leche entera Manzana Dentista Gym Peluquería

Veterinaria Cuadernos y lápices Restaurant
Chocolate Caramelos Remis Supermercado Gaseosas

Answers

Answer:

Productos:

-Leche entera

-Manzana

-Cuadernos y lápices

-Chocolate

-Caramelos

-Gaseosas

Servicios:

-Electricidad

-Dentista

-Gym

-Peluquería

-Veterinaria

-Restaurant

-Remis

-Supermercado

Explanation:

Un bien es un producto tangible que es comercializado en el mercado, generalmente consumible o utilizable, y que es utilizado o consumido en forma directa por quien lo adquiere.

Un servicio, en cambio, es una prestación efectuada por un trabajador en favor de terceros, quienes son los que pagan por el servicio. Así, las prestaciones médicas o de transporte son considerados servicios.

Daisy McMillan works as the office manager for Timball and Lewis, a medium-sized law firm. One afternoon, she went to the hardware store to purchase a few maintenance items for the office. While there, she also bought her husband a hammer as a birthday present. At the register, the items, including the hammer, totaled $63. She paid for all the items together and received both a carbon copy receipt and a separate credit card receipt. Back at the office, she carefully scratched additional numbers on to the carbon copy receipt to increase the total price to $168 and turned in the altered receipt for reimbursement. Several weeks later, she turned in the credit card receipt along with another reimbursement request for the $63. What type of expense reimbursement fraud did she commit

Answers

Answer:

all of the above

Explanation:

found it on quizlet

5. Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)

6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)

Answers

PART I

Answer:

The business idea is that of a Bakery that specializes in pastry that is mixed with fruits.

Explanation:

SWOT

Strengths

Unique Value Proposition which is healthier bread and cake recipes20 years experience in baking which translates to strong industry  knowledge

Weaknesses

Insufficient Equipment to go withWeak or zero visibility for new business

Opportunities

Little or no competition as the recipes are unique to meHuge demand for healthier pastry especially in my current location

Threats

The industry is heavily regulated and may be shut down if there are compliance issuesOne competition that knows what they are doing and combines pastry with healthy drinks such as smoothies. We don't do smoothies.

Part II

Answer:

The persons I would give the business plan to are:

My family An angel investor who I met on LinkedIn who supports small businesses and start-upsMy banker of over 20 years

I would give the business plan to my family members because they are the easiest people to raise funds from and also because family, can decide to contribute in cash or in-kind with no interest required.I would give the business plan to an angel investor because their funds are cheaper than those of the banks though a little more difficult to come byBanks always have the funds but the funds come at a higher cost than the first two.

Cheers

provide a term for the statement: "when businesses produce goods and services that consumers do not want"​

Answers

Answer:

Productive or technical inefficiency.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;

1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.

In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.

2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want.​ This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.

Hence, productive or technical inefficiency is a term for the statement: "when businesses produce goods and services that consumers do not want."​

Assume the market value of Fords' equity, preferred stock, and debt are$6 billion, $2 billion, and $13 billion, respectively. Ford has a beta of 1.7, the market risk premium is 8%, and the risk-free rate of interest is 3%. Ford's preferred stock pays a dividend of $4 each year and trades at a price of $30 per share. Ford's debt trades with a yield to maturity of 8.0%. What is Ford's weighted average cost of capital if its tax rate is 30%

Answers

Answer:

Explanation:

Cost of equity (Re) = Risk free rate + Equity rate*Market risk premium

Cost of equity (Re) = 0.03+(1.7*0.08)

Cost of equity (Re) = 0.03 + 0.136

Cost of equity (Re) = 0.166

Cost of preferred stock (Rpfd) = Dividend/stock price

Cost of preferred stock (Rpfd) = 4/30

Cost of preferred stock (Rpfd) = 0.1333

==> 6 billion + 2 billion + 13 billion = 21 billion

Debt % = 13 billion / 21 billion = 0.619 \

Equity % = 6 billion / 21 billion = 0.286

Preferred stock % = 2 billion / 21 billion = 0.095

Debt capital (Rd) = Its comes from yield to maturity of 8%

Tax rate= 30%

WACC = Re*E% + Rpfd*P% + Rd(1-Tc)D%

WACC = (0.166)*(0.286) + (0.1333)*(0.095) + (0.08)*(1-0.3))*(0.619)

WACC = 0.047476 + 0.0126635 + 0.034664

WACC = 0.0948035

WACC = 9.48%

So, Ford's weighted average cost of capital is 9.48%

Explain how you would apply any five pricing techniques to attract ccustomers

Answers

Answer:

1. Price skimming. Skimming involves setting high prices when a product is introduced and then gradually lowering the price as more competitors enter the market.  2. Market penetration pricing  3. Premium pricing.  4. Economy pricing.  5. Bundle pricing. (these are just some that I know)

Explanation:

So much percent off, give the costumers discounts

Parker Industries is a small company with a big name! Parker Industries is actually a one-person company that imports strands of LED lights from China and sells them through its website. Parker's only overhead is a storage unit for inventory that costs $125 a month and a $25 monthly fee for website hosting. Currently, Parker imports the lights for $.99 each (including inbound shipping) and sells them for $4.49. Parker also pays shipping expenses of $.50 per light strand. If Parker is currently selling 50 units a month, what is Parker's monthly profit or loss?
A) $0
B) $224.50 (profit)
C) $49.50 (profit)
D) −$74.50 (loss)

Answers

Answer:

A

Explanation:

Profit = total cost - total revenue

total cost = fixed cost +variable cost

fixed cos =125 + 25 = 150

variable cost = 50 x (0.99 + 0.50) = 74.50

profit-earning distributed to the owner as a result of a profitable market production process. Profit is a metric of profitability, and it is the primary concern of the owner in the earnings context of market production. Several profit measurements are often used.

The correct option for Parker's monthly profit or loss A. 0

Profit = total cost - total revenue

Total cost = fixed cost +variable cost

Fixed cost = [tex]\text{cost of the stock} + \text{monthly charges of the stock}[/tex]

Fixed cost =125 + 25 = 150

Variable cost = [tex]\text{No. of units}\times (\text{import charges} + \text{shipping charges})[/tex]

Variable cost = [tex]50 \times (0.99 + 0.50)[/tex]= 74.50

Total cost = fixed cost +variable cost

Total cost = 150 + 74.50

Total revenue =  [tex]\text{selling price}\times \text{no. of units}[/tex]

Total revenue =  [tex]4.49 \times 50[/tex] = 224.50

Profit = total cost - total revenue

profit = 224.50 - 224.50 = 0

To know more about the calculation of the profit, refer to the link below:

https://brainly.com/question/25173974

________ refers to searching for information that is not immediately evident and sorting through that information to interpret what is important.
A) Competitive skimming
B) Data classification
C) Environmental scanning
D) Knowledge browsing
E) Information foraging

Answers

Answer:

C) Environmental scanning

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

Hence, the search for an information that isn't immediately evident and sorting through or analyzing that information to interpret what is important to an organization is generally referred to as environmental scanning.

Research three ways a business can promote products and services and describe the strengths and weaknesses of each.

Answers

Answer:

Promotions is the part of marketing that specifically involves communicating company or product information to targeted customers. This is a key component of the broader marketing system, because it is what usually makes customers aware of you, attracted to your brand, interested in buying and ultimately, loyal customers. Advertising, public relations and personal selling are three staple methods of promotion, though some new techniques have emerged in the early 21st century.

Advertising

Advertising takes up a significant portion of a company's budget allocated toward marketing and promotion. It includes the development and paid delivery of brand or product messages through media. Companies usually have internal advertising departments that design and develop ads, or they work with advertising firms who specialize in the advertising process. Since you pay for ad placement in media such as television, radio, newspapers and magazines, you generally have more control over the message than you do through some other promotional methods.

Public Relations

Maintaining goodwill with the public is an important long-term strategy for both small and large companies. A variety of public relations tactics are used to reach out to customers through unpaid-for media messages. Press releases are one of the most common and routine PR tactics. This is when a company sends an overview of a major change or event, product launch or other news to various media outlets. Press conferences, features news reports and newsletters are other common PR tools. A general objective of PR is to keep your brand in front of people even beyond paid ads. The challenge is you can't always control the way your PR messages are delivered or received.

Selling

While business typically engage in some level of advertising and public relations, the use of personal selling tactics varies considerably. Some small businesses don't employ active sales associates based on the small-scale products or services they sell. Companies with big-ticket items, such as electronics or appliances, more often use sales associates to stress the benefits of products to customers and to overcome their concerns. Selling is one of the most interactive forms of promotion.

 

Advertising, public relations and personal selling can promote products and services and describe the strengths and weaknesses of each.

What is a business?

Business refers to the activity of creating, purchasing, and reselling goods in order to support oneself financially.

Advertising: A considerable amount of a bank's advertising and development budget is spent on advertising. The majority of businesses either use internal advertising teams to create and develop their ads or they contract with external ad agencies who specialized in the process of marketing.

Public Affairs: Keeping the public's trust is a crucial long-term approach for businesses of all sizes. Customers are reached through unpaid media messaging using a range of public marketing strategies. Among the most common and conventional PR strategies is the press release.

Selling: While businesses usually participate in some form of advertising and promotion, the utilization of personal selling techniques varies greatly. Because they provide such low-volume goods or services, several small enterprises don't have active sales representatives.

Learn more about business, here:

https://brainly.com/question/15826604

#SPJ2

Domestic production is also known as? 
(a) Surplus
(b) Local
(c) Traditional
(d) Subsistence​

Answers

Answer:

Domestic production is also known as (d) Subsistence.

Explanation:

Gross Domestic Product (GDP) is the final monetary value of the goods and services produced within the country during a specified period of time, normally a year. In simple terms, GDP is the measure of the country's economic output in a year.

It’s also known at Subsistence D

Zumwalt Corporation's Class S bonds have a 12-year maturity, $1,000 par value, and a 5.75% coupon paid semiannually (2.875% each 6 months), and those bonds sell at their par value. Zumwalt's Class A bonds have the same risk, maturity, and par value, but the A bonds pay a 5.75% annual coupon. Neither bond is callable. At what price should the annual payment bond sell? (hint: Bonds with same risk should have same effective rate of return, or YTM).

Answers

Answer:

$993.23  

Explanation:

Note that the yield to maturity for the Class S bond is 5.75% because when a bond sells at par its coupon rate and yield should be the same.

However, Class A, pays annual coupons and the fact they both have the same level of risk means that yields are the same, however, S's yield is 5.75% compounded semiannually, in the case of A we need  an equivalent yield but compounded once a year since annual coupons are to be made, as a result, for A we would convert the yield to an equivalent effective annual yield

EAR=(1+yield/2)^2-1

there are 2 semiannual periods in a year, that is the reason for 2 in the formula above

EAR=(1+5.75%/2)^2-1

EAR=5.83%

The price of bond A is the present value of 12 annual coupons and face value discounted at 5.83% effective annual yield

annual coupon= 5.75%*$1,000

annual coupon=$57.50

bond price=$57.50/(1+5.83%)^1+$57.50/(1+5.83%)^2+$57.50/(1+5.83%)^3+$57.50/(1+5.83%)^4+$57.50/(1+5.83%)^5+$57.50/(1+5.83%)^6+$57.50/(1+5.83%)^7+$57.50/(1+5.83%)^8+$57.50/(1+5.83%)^9+$57.50/(1+5.83%)^10+$57.50/(1+5.83%)^11+($1000+$57.50)/(1+5.83%)^12

bond price=$993.23  

Noise pollution has been insereted as pollution in the air act in, (a) 1981 (b)1987 (c)1982 (d)2000

Answers

Answer:A

Explanation:Noise though not defined in any statute but it is included as environmental pollutants in Section (a) of the Air Act 1981. After this included noise is recognized as a kind of air pollution and steps are taken to control it efficiently.

A manufacturer of disposable foam products entered into a written contract with a take-out restaurant to sell them 5,000 disposable foam food containers per month at 5 cents per food container for a two-year period. Per the contract, payment of $250 was due once a month. The restaurant was also responsible for paying shipping charges, which were payable on a quarterly basis. Finally, the contract stated that if any of the containers were discovered to be damaged, they could be returned for a full refund. However, the contract was silent with regard to the return of any containers that were not damaged. In the last month of its contract with the manufacturer, the restaurant decided to switch to biodegradable, recycled cardboard food containers because its take-out customers complained about the harmful effects of disposable foam products on the environment. The restaurant asked the manufacturer not to ship the final shipment, but the manufacturer refused. The restaurant had not yet made the $250 payment for the final shipment of containers, but it did owe the manufacturer delivery charges for its final quarter. The restaurant returned all of the containers to the manufacturer. In addition, the restaurant sent an envelope with cash for the final shipping charges. In the envelope, the restaurant included a brief memo stating that the cash included was for payment in full, including all food containers and shipping charges. The manufacturer's accounting department received the envelope, read the memo, and deposited the cash. The manufacturer then sued the restaurant for the final payment of $250. Which of the following legal concepts would be the strongest argument against payment of $250?
A. Novation
B. Good-faith modification
C. Estoppel
D. Accord and satisfaction

Answers

Answer:

Option B

Explanation:

Since the contract did not mentioned any thing about the retuning of containers that were not defective, it becomes the obligation of the buyer to pay the final delivery amount on the basis of Good-faith modification.

Hence, option B is correct

business do not maximise output from the given inputs​

Answers

Answer:

Allocative inefficiency.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

In Economics, there are four (4) main factors of production and these are;

I. Land.

II. Labor (working).

III. Capital resources.

IV. Entrepreneurship.

When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.

Basically, there are two (2) types of inefficiency associated with the production of goods and services to meet the unending requirements or needs of consumers, these includes;

1. Technical (productive) inefficiency: it occurs when a company or business firm produce goods and services that consumers do not want.​ This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.

2. Allocative inefficiency: it occurs when a company or business firm do not maximise output from the given inputs such as raw materials, capital, etc. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.

Hence, when a business do not maximise output from the given inputs, it is referred to as an allocative inefficiency.

In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.

Building Big Box is a home improvement store based in Kansas and has been responsible for introducing some of the most innovative new products for the home improvement marketing in the Mid-West region. The Johnson family founded the company fifty years ago, but they now realize they needed to convert the business into a corporation and establish functional areas within the company to handle various aspects of operations. The company is now considering expanding operations by building another facility in Canada. The Board of Directors has approved this move. Which functional area will be responsible for securing the necessary funding for the expansion

Answers

Answer: Finance

Explanation:

The functional area that will be responsible for securing the necessary funding for the expansion is the finance department.

The finance department refers to the department in an organization which is responsible for funds acquisition, funds management and planning for the expenditures on assets.

Since the company is expanding operations by building another facility in Canada, the finance department will provide the funds.

which of the following activities is an example of gethering datd by observation​

Answers

Complete Question:

Which of the following activities is an example of gathering data by observation.

Group of answer choices.

A. Using a database to look up the number of products returned each

week.

B. Conducting a survey of people who took a training course.

C. Reading product features in several suppliers’ online catalogs.

D. Measuring how many parts workers assemble in an hour.

Answer:

D. Measuring how many parts workers assemble in an hour.

Explanation:

An observational study can be defined as a type of study in which a researcher observes and measures the effect of a diagnostic test, risk factors, or treatments on individuals without intervening, changing or manipulating who are or aren't exposed to it (controlled conditions).

Basically, observation is a research method that involves examining a given population in order to gather certain informations about them. Thus, it is typically aimed at observing the activities that are being performed by a population of interest.

Hence, measuring how many parts workers assemble in an hour would be considered to be an example of gathering data by observation because you would have to monitor and keep an eye on the workers as they perform their jobs.

Answer:

Measuring how many parts workers assemble in an hour

Explanation:

Jase Manufacturing Co.'s static budget at 7,900 units of production includes $39,500 for direct labor and $2,370 for electric power. Total fixed costs are $40,100. At 10,000 units of production, a flexible budget would show a.variable costs of $53,000 and $40,100 of fixed costs b.variable costs of $53,000 and $50,759 of fixed costs c.variable costs of $41,870 and $40,100 d.variable and fixed costs totaling $81,970

Answers

Answer:

Variable costs of $53,000 and $40,100 of fixed costs

Explanation:

Given:

Production unit = 7,900

Direct labour = $39,500

Electric power = $2,370

Total fixed cost = $40,100

Find:

Variable cost and fixed cost at 10,000 units

Computation:

Particular                                                            Amount

Direct labour cost[39,500][10,000/7,900]        $50,000

Electric power [2,370][10,000/7,900]                $3,000

Variable cost                                                        $53,000

Total fixed cost                                                    $40,100

Total cost                                                             $93,100  

Which of the following is NOT one of Modigliani and Miller's set of conditions referred to as perfect capital markets?
A. All investors hold the efficient portfolio of assets.
B. There are no taxes, transaction costs, or issuance costs associated with security trading.
C. A firm's financing decisions do not change the cash flows generated by its investments, nor do they reveal new information about them.
D. Investors and firms can trade the same set of securities at competitive market prices equal to the present value of their future cash flows.

Answers

Answer:

c

Explanation:

here are their assumptions

All expectations on expected cash flows are homogenous bonds and shares are traded in perfect markets - there are no transaction costs. two investments with identical cash flows, terms and risk must trade at the same price investors can borrow and lend at the risk free rate there are no agency cost investing and financing decisions are independent of each other

The option, NOT one of Modigliani and Miller's set of conditions often referred to as perfect capital markets, is A. All investors hold the efficient portfolio of assets.

Modigliani and Miller's theory is based on the assumptions that there are no taxes, transaction, issuance, and bankruptcy costs in security trading. It relies on the symmetry of market information and the same borrowing cost for investors and companies.  These assumptions do not apply in the real world.

Thus, the wrong option is A. All investors hold the efficient portfolio of assets.

Learn more about Modigliani and Miller's set of conditions here: https://brainly.com/question/15580530

Mary Delany, owner of Delany Salsas, is curious to know whether the new packaging for her line of salsas is being noticed by supermarket consumers. Accordingly, she ventures out to the local supermarket and passively watches the reactions of shoppers as they pass by one of the many Delany Salsas displays. Mary Delany is collecting ____ data through ____ methods.

Answers

Answer:

primary/observational

Explanation:

The primary data may be defined as the data or the information that is collected by the researcher or the experimenter directly from the subjects through any interviews or surveys. It is a first hand information or data collected directly from the source.

In the context, Mary Delany is collecting or gathering the data which is considered as a primary data through an observational methods. The data collected by Mary is primary because she collected the data first hand directly by visiting the local supermarkets from the customers.

And the method of gathering data is observational as she collected data by observing the people or the customers coming to the supermarkets and not by interviewing them.

So, the answer is  primary/observational.

explain the meaning of personal account,real account and nominal account,give five examples each​

Answers

Answer:

An example of a Real Account is a Bank Account. A Personal account is a General ledger account connected to all persons like individuals, firms and associations. ... A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains. An example of a Nominal Account is an Interest Account

In the model of monopolistic competition, trade costs between countries cause A) marginal costs of exported goods to exceed the marginal costs of goods sold domestically. B) all firms that can earn a profit on domestic sales to export their goods at higher prices. C) countries to negotiate the elimination of trade costs by mutual subsidization of trade. D) marginal costs of goods sold domestically to exceed the marginal costs of exported goods. E) all firms that can earn a profit on domestic sales to export their goods at lower prices.

Answers

Answer:

A) marginal costs of exported goods to exceed the marginal costs of goods sold domestically.

Explanation:

In the case when there is the monopolistic competition so the trade cost that lies between the countries could result in the marginal cost with respect to the goods that are exported should be more than the marginal cost of the goods that sold domestically

So as per the given situation, the option a is correct

A seller delivered a deed to a buyer at the closing. A title search disclosed no serious defects, and the title did not appear to be based on doubtful questions of law or fact nor did it appear to expose the buyer to possible litigation. The seller's title did not appear to present a threat to the buyer's quiet enjoyment, and the title policy was sufficient to convince a reasonably well-informed person that the property could be resold. The title conveyed would commonly be called

Answers

Answer:

A marketable title

Explanation:

A marketable title in real estate is on that is legally considered free from defect. Buyers will have no issues with accepting the title because there are no objectionable items associated with the title.

It means the property in question is free of easements, liens, encumbrances or other legal defects.

In the given scenario a title search disclosed no serious defects, and the title did not appear to be based on doubtful questions of law or fact nor did it appear to expose the buyer to possible litigation.

This is a marketable title.

Which of the following is an example of strategic human resource management?

1. Meeting with members of a particular department to find out why employee turnover is so high

2. All of the answers are examples of strategic human resource management.

3. Hiring replacements for employees who have left a department with high turnover as soon as possible

4. Taking as much time as necessary to hire replacements for employees who have left a department with high turnover

Answers

Answer:

1

Explanation:

Meeting with members of a particular department to find out why employee turnover is so high is an example of strategic human resource management. Thus, the correct answer is option 1.

What is strategic human resource management?

Strategic human resource management (HRM) is a framework that connects people management and development practices to long-term company goals and outcomes.

It is concerned with longer-term resource concerns in the context of an organization's goals and the changing nature of work. It also influences other HR strategies, such as reward and performance, by establishing how they fit into the larger corporate plan. It contributes to ensuring that the many parts of people management collaborate to drive the behavior and climate required to create value and reach performance goals.

Therefore, option 1 is the appropriate example of strategic human resource management.

To learn more on strategic human resource management, here:

https://brainly.com/question/31274139

#SPJ2

Charles and Marcia are married, cash-basis taxpayers. In Year 2, they had interest income as follows: $500 interest on federal income tax refund $600 interest on state income tax refund $800 interest on federal government obligations $1,000 interest on state government obligations What amount of interest income is taxable on Charles and Marcia's Year 2 joint income tax return?

Answers

Answer:

$1900

Explanation:

Calculation to determine What amount of interest income is taxable on Charles and Marcia's Year 2 joint income tax return

Using this formula

Taxable interest income=Interest on federal income tax refund+Interest on state income tax refund+Interest on federal government

Let plug in the formula

Taxable interest income=$500 +$600+$800

Taxable interest income=$1,900

Therefore the amount of interest income that is taxable on Charles and Marcia's Year 2 joint income tax return is $1,900

A City Electric Utility Enterprise Fund made its annual interest payment on its outstanding $20 million of 6% bonds, which were originally issued at a premium. Assuming the City maintains it books and records in a manner that facilitates preparation of its fund financial statements, the entry to record this would include a credit to Cash for the amount of the interest checks written and debit(s) to ___________.

Answers

Answer:

Debit to Interest expenditure and bond premium.

Explanation:

Based on the information the Appropriate journal entry to record this would include a CREDIT TO CASH for the amount of the interest checks written and DEBIT(S) to INTEREST EXPENDITURE AND BOND PREMIUM reason been that we were told the ANNUAL INTEREST PAYMENT on the company its outstanding was the amount of $20 million of 6 percent bonds, which were ISSUED AT A PREMIUM.

Debit to Interest expenditure and bond premium $1.2 million

($20 million*6%)

Cr Cash $1.2 million

If an investor is looking for information about a particular mutual fund, the BEST source of that information will be the (A) fund's accounting documents such as the balance sheet and income statement. (B) fund's prospectus, which contains investment strategy, management style/structure, sales load and fee structure, and more. (C) investment manager of the fund who can provide a specific listing of all investments in the fund at any given point in time during a trading day. (D) SEC, which keeps detailed files and reports on the fund, all of which are available to the public.

Answers

If an investor is looking for information about a particular mutual fund, the best source of that information will be the fund's prospectus, which contains information about investment strategy, management style and structure, sales load and fee structure, and more. Hence, Option B is correct.

What is a mutual fund?

The fund, which is pooled by the company, was raised from many investors. The money will be invested in securities like stocks, bonds, or short-term debt. A portfolio is the combined holdings of all the mutual funds, which are purchased by the investors.

When a person wants to invest in a mutual fund, the easiest way to get information about the mutual fund is from its prospectus. In the prospectus, investment strategy, management style, structure, sales, and many more things are mentioned.

Thus, Option B: the fund's prospectus, which contains investment strategy, management style/structure, sales load and fee structure, and more, is correct.

Learn more about mutual funds from here:

https://brainly.com/question/14294351

#SPJ2

3. Which of the following is the account title used to include
instances of price adjustment in case if there is a defective item.
A. Sales returns
B. Purchase discounts
C. Sales returns and allowances

Answers

Answer:

The correct answer is C. Sales returns and allowances.

Explanation:

Sales allowances are discounts that the seller of the product offers to the buyer when there is some type of failure or error in the product or service offered, that is, the buyer pays a lower price because the quality offered is also lower. In this way, there is a double advantage: on the one hand, the buyer obtains the product at a lower price saving money and, on the other hand, the seller discards a defective product without losing money.

Answer:

C. Sales returns and allowances.

Explanation:

Sales returns and allowances is a deduction from sales that shows the sale price of goods returned by customers, as well as discounts taken by them to retain defective goods.

Calculate the forward rate for (i) the second year; (ii) the third year; (iii) the fourth year. (Do not round intermediate calculations. Round your answers to the nearest whole percent.) Maturity (years) Price of Bond 1 $ 943.40 2 898.47 3 847.62 4 792.16

Answers

Answer:

Bond 1 : 4.38%

Bond 2 : 5.91%

Bond 3 : 6.07%

Bond 4 : 7.21%

Explanation:

The face value of the bond is assumed to be $1,000

Price of Bond 1 : 943.40 = 1000 / (1 + x1) ^1

x1 = 4.38%

Price of Bond 2 : 898.47 = 1000 / (1 + x1) ^2

x1 = 5.91%

Price of Bond 3 : 847.62 = 1000 / (1 + x1) ^3

x1 = 6.07%

Price of Bond 1 : 792.16 = 1000 / (1 + x1) ^4

x1 = 7.21%

Do you think Ruby should change the payment method she uses for her employees? Justify your answer.

Give me the real answers or you will not be able to get brainlist ​

Answers

Answer:

Yes ✌️✌️✌️✌️✌️

Hãy lựa chọn một công ty sử dụng dịch vụ nghiên cứu marketing của các nhà cung cấp bên ngoài 1.Lý do công ty phải thuê ngoài 2.Những tổ chức nào đã cung cấp dịch vụ marketing cho công ty? 3.CÔNG TY THUÊ MỘT HAY THUÊ TOÀN BỘ CAC HOẠT ĐỘNG NGHIÊN CỨU MARKETING

Answers

uuuuuuummmmmmmmmmmmmmmmm.....

Other Questions
Other things equal, the deadweight loss of a tax Group of answer choices decreases as the size of the tax increases. increases as the size of the tax increases, but the increase in the deadweight loss is less rapid than the increase in the size of the tax. increases as the size of the tax increases, and the increase in the deadweight loss is more rapid than the increase in the size of the tax. increases as the price elasticities of demand and/or supply increase, but the deadweight loss does not change as the size of the tax increases. Andy's average driving speed for a 4 hour trip was 48 miles per hour. During the first 3 hours he drove 50 miles per hour. What was his average speed for the last hour on his trip.PLEASE HELP AND SHOW WORK YOU WILL GET BRAINLEST MARK Complete the point-slope equation of the line through (-5,7) and (-4,0)y-7=? Which statement is true about the two stars labeled in this diagram? This is an elliptical galaxy and Star A is older than Star B. This is a spiral galaxy and Star A is older than Star B. This is a spiral galaxy and Star B is older than Star A. This is an elliptical galaxy and Star B is older than Star A. can someone help plz what is the scientific name of lion Put these numbers in order from least to greatest.9.5,9 3/10, and 9.9 PLEASE HELP ME ASAP SHE SAID IT WASN'T B NOR C!!!! How did the end of the English Civil War affect the founding of Pennsylvania?The debts that King Charles II owed to William Penn influenced Penn by forcing him to take out loans to develop his colony.Oliver Cromwell, Lord Protector of England after the English Civil War, became the first governor of Pennsylvania.Catholic leaders from England, Scotland, and Ireland established a new colony in Pennsylvania after receiving a charter from Pope Clement IX. William Penns Quakers were persecuted in England when the Church of England reestablished its power, which convinced Penn to establish religious tolerance in his colony. The following program generates an error. Why? #include #include using namespace std; class Arcade { public: Arcade(); Arcade(string name, int r); void Print(); private: string arcName; int rating; }; Arcade:: Arcade() { arcName = "New"; rating = 1; } Arcade:: Arcade(string name, int r) { arcName = name; rating = r; } void Arcade:: Print() { cout Shane is discussing climate change with Brandon. Shane does not believe that climate change is real and is persistent with his belief, trying to convince Brandon that climate change is not real. Brandon does believe that climate change is real but is open to the possibility that he could be wrong. Who would be most likely to engage in critical thinking? ITS URGENT! PLEASE HELP! The volume of aright circular cone is 12 litres calculate the volume of the two parts into which the cone is divided by a plane parallel to the base a quarter of the way down from the vertex to the base The United States advocated the Open Door policy because SHAKESPEARE TRANSLATE!!Cowards die many times before their deaths; the valiant never taste of death but once. What element of a plot does this passage illustrate The screen at Dallas' AT&T Stadium is 175 feet wide. A movie theatre screen withsimilar dimensions is 40 feet wide with a screen area of 896 Ft. What is the area ofthe screen at AT&T Stadium? Round to the nearest square foot. Complete the sentence.Hexene would have _ carbon atoms and one _ bondFirst blank options:7, 8, 1, 2, 4, 3, 5, 6Second blank options:single, double, triple rea de Cuadrilteros Me pueden ayudar con esta tarea? You need to take a dosage of 10 ml of medicine every 8 hours for 9 days. How many fluid ounces ofmedicine should you purchase? Round up to the next whole fluid ounce.ounces