It doesn't take that long to be honest, I got mine in a week
Answer:
False
Explanation:
Annual cash inflow = Sales revenue - Cash expenses
Annual cash inflow = $16,000 - $8,000
Annual cash inflow = $8,000
Cost of machine = $48,000
Payback period = Cost of machine/Annual cash inflows
Payback period = $48,000/$8,000
Payback period = 6 years
So, the payback period for the machine is 6 years.
1. Potentially enables US to trade with UK on better terms (than previously allowed when UK was a member of the EU)
2. Expected that Brexit will enable UK government to award National Health Service contracts to US suppliers
3. Brexit weakens the EU and hence makes US/NAFTA relatively stronger
Answer:
a. Daniel must recognize $300 interest income for 2017 and a $200 gain on the sale of the bond in 2018
Explanation:
Since the interest was collected of $600 and the accrued interest is $300, so the remaining amount $300 reflect the interest income
And, the sale value of the bond is $10,200 without considering the interest collection and its purchase price without considering the accrued interest is $10,000. So, after comparing the purchase price and the sale price the gain of $200 would be determined
$10,200 - $10,000 = $200
Answer: c) High-tax
Explanation:
Municipal bonds are quite attractive because they offer returns that are free of Federal taxes which means that the return quoted on them is the after-tax return already.
For this reason their returns are usually less than corporate bond returns. Investors in high tax brackets will therefore be attracted to municipal bonds as it gives them a chance to get tax savings on amounts they would have paid as taxes.
