Answer: 12.29%
Explanation:
Municipal bonds are tax exempt and so are attractive for this reason. If John is to be indifferent between the two, the corporate bond would have to offer a return that when adjusted for tax, will give the same return as the municipal bond.
Assume that return is x;
x * ( 1 - 17%) = 10.2%
0.83x = 10.2%
x = 10.2%/0.83
x = 12.29%
Answer:
CAT
Explanation:
Computed tomography scan (also called a CT or CAT scan) is one of the diagnostic tests for Neurological Disorders.
Answer:
$26,000
Explanation:
To calculate the total depletion expense for a year, we must first calculate the depletion expense for every ton of ore extracted:
depletion expense per ton = cost of the mine / total tons extracted
depletion expense per ton = $1,600,000 / $400,000 = $4 per ton extracted
If during the first year Weber Company extracted 6,500 tons, their depletion expense for the year = 6,500 tons x $4 per ton = $26,000
Answer:
<em>The elasticity of Yvette's labor supply is 2.67 and the value is greater than 1 so the wage range is elastic.</em>
Explanation:
The wage one is given as
= $35
The Quantity of time is given as
=4 hours
The second wage is given as
=$45
The quantity of time for second wage is
=8 hours
So the calculation of elasticity is as

By replacing the values

So <em>The elasticity of Yvette's labor supply is 2.67 and the value is greater than 1 so the wage range is elastic.</em>
Answer:
A. A Novation
Explanation:
A novation is contract law or business law term that can represent the following situations:
1. Replacing an already established obligation to perform with another obligation
2. Adding a new obligation to perform to the already established obligation
3. Replacing a party to an agreement who is supposed to perform an obligation with a new party.
Replacing a party to an agreement with a new party
The kind of novation that has occurred in the question is the third type where the obligations of Craig to design a website for Molly has been replaced with the agreement by Eric to take Craig's place and design the website for Molly.
The Novation clause is that: all parties involved in this type of contract must consent to the changes