The answer is $0.00 (third option).
Explanation:
During the year of 2018, the annual exclusion of both federal and state tax to cash gifts was up to $15,000 per individual. <em>Annual exclusion</em> means that there's up to a certain amount of money that can be gifted without being taxable. In this case, John and Joan's cash gift falls within the limit.
When couples gift money to their family members, the limit is precisely $15,000 per relative, individually; meaning the can gift up to a total of $60,000 without being subject to gift tax.
Answer / Explanation:
Kindly note that the question is incomplete. However, kindly find the complete question below and the answer.
Complete Question
Water is flowing in a trapezoidal channel at a rate of Q=20m³/s . The critical depth y for such a channel must satisfy the equation:
0 = 1 − Q² / gA³c . B Where g= 9.81m /s² and Ac = the cross-section area can be related to depth y by B = 3+y and Ac = 3y+y²/2. Solve for the critical depth using (a). the graphical method,
Answer:
Given the equation,
0 = 1 − Q² / gA³c. B
Now substituting the given value g= 9.81m /s² , Q =20m³/s, B = 3+y, and Ac = 3y+y²/2,
We get:
0 = 1 - 20² / (9.81) ( 3y + y²/2)³ (3+y)
Hence we choose f(y) = 1 - 40.7747 / (3y + y²/2)³ . (3 + y) and solve for f(y) = 0
Therefore,
To solve using a graph, we take twelve sample points ( starting at y = 0.25 in step of 0.25m and plot a graph using MS- Excel. Kindly find the graph below.
2) As evident from the sample point and the graph function f(y) gets close to zero at y = 1.5, hence the root of f(y) = 0 is Xr = 1.5
Answer:
D: Equity financing
Explanation:
Equity is ownership in the business - equity financing means giving up ownership in order to secure financing.
Answer: The answer is central bank
Explanation:
Budget deficit : This is when government total proposed expenditure for a period is more than the total estimated revenue. When this happens, government get the money to finance the deficit in the budget from the central bank or ask the central bank to print more currency or get aid and grant from foreign aid donors to finance the deficit.
Loan fund to the banking system: This is a function of central bank when they act as lenders of last resort to the commercial bank. If people begins to withdraw their money from commercial banks, the banks may be placed in such a position that they will not have enough cash to pay their customers. They will run to the central bank to borrow money or to rediscount bills and the central bank must not refuse to come to the aid of commercial banks in order to prevent banking crisis which may shake a country's economy.
Sells newly issued government bond : This is when central bank wants to reduce the volume of money in circulation, the central bank sells bond or securities in the open market .people buy with cheque drawn on their deposits in the commercial banks. The central bank then presents the cheque to the commercial bank and draw on their cash reserves by this the cash reserve of commercial banks is reduced and reduce the supply of money in the economy.
Create money out of thin air: This is the central bank function of issuing notes, it is the legal authority to issue notes. When new notes are to be put into circulation, this is done by the central bank .but the new notes are set into circulation through the commercial banks.
Control the money supply : This is the function of central bank to regulate the volume of money in circulation or to mop up excess liquidity in the economy by selling treasury bill through the open market to the members of the public .It collect money from the commercial banks this will reduce the cash reserves of commercial banks and reduce their loan given capacity.
Government bonds, the money supply : The central bank is the legal authority to sell government bonds in order to mop up the excess liquidity in the economy. When their is too much money in circulation, the central bank make use of monetary policy instruments such as the open market operation to reduce the supply of money in circulation.
Answer:
annual interest expense $ 14,000
interest expense per semiannual payment: $ 7,000
for a total of $ 14,000
Explanation:
The bonds were issued at face value. Thus, the interest expense will match the cash payment of the bond.
annual interest:
principal x rate x time
200,000 x 7% = 14,000
semiannual interest
principal x rate x time
200,000 x 7% x 1/2 (half-year) = 7,000
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<u>Note:</u>
We must express rate and time under the same metric. As the 7% rate is annual we multiply by 1/2 (a half) as there are 2 payment per year.
