Answer: 35.29%
Explanation:
Municipal Bonds are attractive in that they give the tax benefit of being tax exempt whereas a corporate bond is liable for taxation. The tax rate that will therefore make an investor indifferent between the two bonds is the one that will equate the Corporate bond's yield net of tax to the yield on the Municipal bond.
5.5% = 8.5% * ( 1 - x)
5.5% = 8.5% - 0.085x
0.085x = 8.5% - 5.5%
0.085x = 3%
x = 35.29%
Answer:
$142,524
Explanation:
The computation of the total cost assigned to the ending work in process
inventory is shown below:
As we know that
Total cost = Material + Labor
where,
Material = 21,400 units × 100% × $3.60 = $77,040
And,
Labor = 21,400 units × 60% × $5.10 = 65,484
So, the total cost is $142,524
We simply added material and the labor cost according to their completion percentage and its cost per equivalent units
Answer:
Net present value at 8%=($42510)
Explanation:
Explanation- Net present value = Present value of cash inflows – Total outflows
={(19000*6.7100) - $170000}
=$127490- $170000
= ($42510)
Annual net cash inflows = Net income+ Depreciation
= $4000+$15000
= $19000
Straight line Method:-
= Cost of asset- Salvage value of asset/No. of useful life (years)
=($170000-$20000)/10 years
=$150000/10 years = $15000
Net present value at 3%=($7926)
Explanation- Net present value = Present value of cash inflows – Total outflows
={(19000*8.5302) - $170000}
=$162074- $170000
= ($7926)
Annual net cash inflows = Net income+ Depreciation
= $4000+$15000
= $19000
Straight line Method:-
= Cost of asset- Salvage value of asset/No. of useful life (years)
=($170000-$20000)/10 years
=$150000/10 years = $15000
Answer: a condominium.
Explanation:
A condominium refers to a large property complex that is made up of individual units where each unit is separately owned.
The onwer of a condominium owns the air space that is inside their own condominium but sharing an ownership interest in the stairwells, the floor, sidewalks and other exterior areas. It should also be noted that the yards, and other recreation facilities are owned jointly.
