Answer:
B - happiness
Explanation:
cause it's not a must for a person to be happy
Based on the other transactions, the amount of dividends that was paid that year was <u>$158,704.</u>
<h3>After tax Net income </h3>
= Taxable income x ( 1 - tax)
= 198,600 x ( 1 - 21%)
= $156,894
<h3>Dividends during year</h3>
= Opening retained earnings + After tax income - Closing retained earnings
= 318,750 + 156,894 - 316,940
= $158,704
In conclusion, the dividends paid were $158,704.
Find out more on dividends paid at brainly.com/question/13470638.
Answer:
the nominal annual interest rate on the payment plan is 15%
Explanation:
According to the question, a one-time payment for the speakers will cost $1,000
An installmental payment will have a $150 down payment and then another $100 fro ten subsequent months.
Calculating the total payment at tthe end of the payment plan will give
$150 + ($100 x 10months)
we have, $150 + $1,000 = $1,150.
This shows that at the end of the payment plan, the set of speakers would have cost $1,150 instead of $1,00 one-time payment.
Step 2:
To calculate the interest rate, we subtract the one-time price from the payment plan price and express it as a percentage of the one time price to get tthe interest rate.
$1,150-$1,000 = $150
then we have,
($150 ÷ $1,000) × 100%
= 0.15 × 100%
- 15%
The nominal annual interest rate is 15%.
Cheers.
Answer:
Traditional financial guidelines suggest that your home should cost about five times your annual income
Explanation:
Renting an apartment would be less costly initially till the point present value of rental payments equals the purchase cost of the apartment, beyond which such an alternative turns costly.
Individuals need to decide whether to rent or buy in the light of financial factors, lifestyle preferences, etc. Financial factors relate to the availability of finance to fund buying and how steady the finance could be in next few years.
The property owner is eligible for tax deductions with respect to interest payable on home loan and property taxes paid during the period. Such deductions are not available to the tenant.
Answer:
The amount of the tax on a bottle of wine is $5 per bottle. Of this amount, the burden that falls on consumers is $3 per bottle, and the burden that falls on producers is $2 per bottle. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers.
Explanation:
The amount of the tax on a bottle of wine is $5 ($3 + $2).
The burden on consumers is $3 ($9 - $6), which is the difference between the after-tax purchase price and the before-tax purchase price for consumers. This implies that the burden passed to consumers is $3 out of the total tax burden of $5.
The burden on producers is $2 ($6 - $4) which represents the difference between before-tax selling price and the after-tax selling price for the producers. This means that the burden passed to producers is $2 out of the total tax burden of $5.
If the tax burden were passed to the producers alone, the selling price would have been more than $11 ($6 + 5). This would have reduced demand for wine as consumers would have been forced to bear the total burden. This would have made the tax unequitable. This would have been the case unless demand is inelastic. That means that the total demanded is not sensitive to price increases.