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3 years ago

Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of _____ income.

2 answers:

8 0

A. we know it is not c or d cuz they would not fit but a and b are our options the answer would be B IF he was a worker but in this case he makes his money from a profit and pays the workers (they earned it) so it is A

tatuchka [14]3 years ago

8 0

Answer: (C) Capital Gain Income

Explanation: Byron is making money through buying and selling of stocks. When a stock is bought and sold within 3 years, it is considered as short term capital gain. When a stock is bought today and sold after 3 years, it results into long term capital gain. Hence, the answer is Capital Gain income.

The other options are earned , hourly and passive are not relevant.

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Why is it very important to properly present the results of your analysis in a report

jek_recluse [69]

Answer:

To get a good grade.

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3 years ago

Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ine

Misha Larkins [42]

Answer:

Medium of exchange

Explanation:

Fresh fish is not an effective form of money. Fresh fish lacks medium of exchange, which makes it ineffective.

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3 years ago

Psari's, a company that sells fishing nets, provides the following information about its product: Targeted operating income $

Molodets [167]

Answer:

B. 66.67%

Explanation:

Contribution is the difference between the company's total revenue and the total variable cost. The ratio of the contribution to sales or revenue gives the contribution margin ratio.

The contribution may also be derived from the addition of the fixed cost and the operating income.

Contribution margin

= $115,000 + $54,000

= $169,000

Let the number of units to be sold to achieve targeted income be U

6U - 2U - 115,000 = 54,000

4U = 169,000

U = 42,250

Contribution margin ratio = 169000/(6 * 42,250)

= 66.67%

6 0

3 years ago

Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par value,

elena-14-01-66 [18.8K]

Answer:

2.11%

YTM 0.089142162

YTC 0.068070103

Difference: 0.021072059 = 0.0211 = 2.11%

Explanation:

To calculate each rate we must solve for a rate at which the future coupon payment and maturity (or call value) equals the market price:

This is solve for excel and goal seek tool

It could also be solve with a financial calculator

YTC:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Coupon payment: $ 120

time 5 yeaars

rate 0.068070103 (solved with excel)

$120 \times \frac{1-(1+0.0680701028057608)^{-5} }{0.0680701028057608} = PV\\$

PV $494.5766

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity: $ 1,050 (call price)

time 5.00

rate 0.068070103

$\frac{1050}{(1 + 0.0680701028057608)^{5} } = PV$

PV 755.42

PV c $494.5766

PV m $755.4235

Total $1,250.0002

YTM:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

Cuopon payment: $ 120

time 15 years

rate 0.089142162 (solved with excel)

$120 \times \frac{1-(1+0.0891421622982136)^{-15} }{0.0891421622982136} = PV\\$

PV $972.2006

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $ 1,000.00

time 15 years

rate 0.089142162 (solved with excel)

$\frac{1000}{(1 + 0.0891421622982136)^{15} } = PV$

PV 277.80

PV c $972.2006

PV m $277.7995

Total $1,250.0001

6 0

3 years ago

Information on Psi Phi Inc.âs three products are as follows: A B C Unit sales per month â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦

VikaD [51]

Answer:

fgoooo

Explanation:

fhgfh can you give me mola

4 0

3 years ago