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Helga [31]
3 years ago
5

A Municipal Finance Professional (MFP) lives in State A. The MFP gives $200 to the election campaign of a personal friend who is

running for Governor of State B. Which statement is TRUE? A The payment will not result in the employing firm being banned from doing municipal securities business with State B because the amount is below the $250 de minimis amount B The payment will not result in the employing firm being banned from doing municipal securities business with State B because it was made based on a personal relationship C The payment will not result in the employing firm being banned from doing municipal securities business with State B because it only applies to payments made in State A D The payment will result in the employing firm being banned from doing municipal securities business with State B
Business
1 answer:
Darya [45]3 years ago
8 0

Answer:

B The payment will not result in the employing firm being banned from doing municipal securities business with State B because it was made based on a personal relationship.

Explanation:

The rule of de minimis applies to persons making donations to candidates vying for elective positions.  $250 de minimis is applicable to a person who will vote for a candidate in an election.  If a person will not vote for the candidate, the de minimis is $150.

In this case, the MFP will not be voting for the candidate.  She is allowed to donate only $150.  Any excess will be refunded.  However, since the MFP is making the donation on his personal capacity, the firm as a separate entity will not be penalized for what the MFP does with her money.  It is likely that the firm does not even do contracts with the municipality.  However, they are not based in the same area.

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aksik [14]

The answers are:

  • Book Value of the Bond on December 31 this year = $140,000
  • Book Value of the Bond on December 31 next year = $140,000

Calculation of the amount of interest expense should be recorded on June 30 and December 31 of this year

Semiannual Interest Rate = Annual Coupon Rate / 2 = 7.5% / 2 = 3.75%

Amount of Semiannual Interest Rate = $140,000 x 3.75% = $5,250

The interest expense should be recorded on June 30 and December 31 of this year is $5,250

The amount of cash is owed to investors on June 30 and December 31 of this year

In this question, cash owed to the investor is the same as the amount paid as interest, so

cash owed to the investor on June 30 = $5,250

Dec 31 = $5,250

Calculation of book value of the bonds on December 31 of this year and December 31 of next year

Book Value as of Year-End = Face Value + Unamortized Premium

Or

= Face Value - Unamortized Discount

Book Value of the Bond on December 31 this year = $140,000

Book Value of the Bond on December 31 next year = $140,000.

Learn more about interest here: brainly.com/question/24924853

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4 0
2 years ago
Karen is a senior manager at the american bank. a good part of her workday is spent in meetings with clients, subordinates at th
andre [41]

Answer:

C) meaningfulness

Explanation:

Psychological empowerment refers to the motivations of individual employees in their workplace environment and how they exercise control over it. It is defined by four main dimensions:

  1. meaningfulness refers to the value assigned to an individual's work in relation to the individual's personal values and beliefs. In this case, Karen is very busy and has a lo of work, but she still set aside time to do the activities or support the organizations that she that clearly believes in (Peta).
  2. competence
  3. self-determination
  4. impact
5 0
3 years ago
Mitchell Co. has $1.1 million of debt, $3 million of preferred stock, and $3.3 million of common equity. What would be its weigh
Novay_Z [31]

Answer:

0.45

Explanation:

Calculation for What would be its weight on common equity

Using this formula

Weight on common equity= Common equity/(Debt+Preferred stock+Common equity+ )

Let plug in the formula

Weight on common equity=$3.3 million /($1.1 million +$3 million +$3.3 million)

Weight on common equity=$3.3 million/$7.4 million

Weight on common equity=0.45

Therefore What would be its weight on common equity is 0.45

3 0
3 years ago
When customer service problems occur and the culture is not customer-focused, the important question for the organization is "Ho
tigry1 [53]

Answer:

We fix it by committing to the customer and setting up an environment to support it.

7 0
3 years ago
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DochEvi [55]

There are many concerns that gap employees because of its social stance.

Gap employees may not be convinced there efforts are the one that took the organisation and making the environment a better working place. Workers have filed a problem in case of female abuse and behaviour.

The monitoring system does not guarantee a full proof security system. They have lodged more complaints about harrassment. It also shows in affectiveness in terms of operations.

The effects are made in supply chain relations only just to improve the production process but all the organisation that want its employees to work in safer environment.

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6 0
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