Answer:
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Explanation:
Monthly rent = $3,600
Rent paid on 1 January = $3,600
6 = $21,600
Out of which Prepaid Rent = $3,600
5 = $18,000
for 5 months
Prepaid rent account as on April 30 balance will be of rent for May and June,
That is $3,600
2 = $7,200
Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.
Final Answer
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
A. Volume........................................................
According to the Internal Revenue Services and the tax code, each year, you must file "<u>your </u><u>federal taxes </u><u>and </u><u>state taxes</u><u> if your state requires it</u>"
Individuals are required to pay taxes to the federal government and the state government.
There are various types of taxes available, some of which include the following:
- Income Tax
- Payroll Tax
- Excise Tax
- Corporate Tax, etc.
All these taxes are paid to the federal government and state if they require it.
Hence, in this case, it is concluded that the correct answer is option D. "your federal taxes and state taxes if your state requires it."
Learn more about tax here: brainly.com/question/16381818
Answer:
5.75%
Explanation:
Firstly, we need to find the yield-to-maturity (YTM) of current outstanding bond as below:
Bond market price = Coupon/(1 + YTM) + Coupon/(1 + YTM)^2 + Coupon/(1 + YTM)^3 +...+ Coupon/(1 + YTM)^20 + Face value/(1 + YTM)^20, or:
1,382.73 = 130/(1 + YTM) + 130/(1 + YTM)^2 + 130/(1 + YTM)^3 +...+ 130/(1 + YTM)^20 + 1,000/(1 + YTM)^20
Solve the equation, we get YTM = 8.85%.
So, if he company wants to issue new debt, its after-tax cost of debt is 8.85% x (1 - 35%) = 5.75%
C. opportunity cost is the benefit not received as a result of not selecting the best option