Answer:
limiting the personal liability of its directors toward the company's creditors,
Answer:
c.12%
Explanation:
PVF of 12% for 6 years is 4.11
PVFof 11% for 6 years is 4.23
Present value of cash inflows, 12% = 7251*4.11
Present value of cash inflows, 12% = 29801.61
Present value of cash inflows, 11% = 7251*4.23
Present value of cash inflows, 11% = 30671.73
Internal rate of return = 11% + (30671.73 - 30000)/(30671.73-29801.61)
Internal rate of return = 11.7719969659%
Internal rate of return = 11.772%
Answer:
A. $2,325
B. $2,325
C. $0; $1,715
D. $598.5
Explanation:
A. Calculation to determine the amount of the travel costs can Melissa deduct as business expenses
Round trip airfare $610
Conference registration fees $385
3 nights lodging $1,005
($335*3)
Meals $150
(300*50%)
Cab fare $175
Total deduction $2,325
Therefore the amount of the travel costs can Melissa deduct as business expenses will be $2,325
b. Calculation to determine What amount of the travel costs can Melissa deduct as business expenses
Based on the information given the amount of the TRAVEL COSTS that Melissa can deduct as BUSINESS EXPENSES will still be $2,325.
Round trip airfare $610
Conference registration fees $385
3 nights lodging $1,005
($335*3)
Meals $150
(300*50%)
Cab fare $175
Total deduction $2,325
c. Calculation to determine What amount of the airfare can Melissa deduct as a business expense
Based on the information given Airfare will NOT BE DEDUCTIBLE
Hence;
Total Airfare deductible = $0
Total expenses deductible = $2,325 - $610
Total expenses deductible = $1,715
d. Calculation to determine the amount of the travel costs can Melissa deduct as business expense
Registration fee $385
Mileage $43.5
($75*0.58)
Parking $170
Total deductible $598.5
Therefore the amount of the travel costs that Melissa can deduct as business expense is $598.5
The vehicle operating cost in the planning budget for December would be closest to $8698
<u>Explanation:</u>
The budgeted vehicle operating costs would be calculated with the help of following formula:
the vehicle operating vost will be added to snow-day that would be ultiplied with the number of planned snow days.
Given data: vehicle operating cost = $2170, snow day cost = $408, number of planned snow days = 16 snow-days.
now, putting the figures in the formula:
$ 2,170 plus $ 408 per day multiply with 16 snow days
after solving we get,
$ 2,170 plus $ 6,528 = $ 8,698.
Answer:
The largest amount by which the money supply can increase is $1,875
Explanation:
According to the given data, we have the following:
Checking/Demand Deposit = $150 (which is assumed to be the part of new money supply)
Required reserve ratio = 8% = 0.08
Therefore, first we need to calculate the money supplier as follows:
Money multiplier 1/rr
Money multiplier = 1/0.08
Money multiplier = 12.5
Hence for $150 deposited the money supply will increase by $(150×12.5) =$1,875
The largest amount by which the money supply can increase is $1,875
