B) Your employer benefits documentation
Explanation:
Your employer benefits documentation has little to do with your taxes as it is not a part of the tax rebate schemes.
<u>Supplement income is very much a part of taxable incom</u>e, so it has to be produced.
<u>The W 2 form is the primary taxation form</u> one receives from the IRS which is to be filled while filing for taxes.
<u>Routing and bank account details need also be provided</u> to track all the income generated through supplementary and main sources of income.
Answer:
rate of inflation during the year was 14%
Explanation:
we know here Jake loaned Elwood = $5000
time = 1 year
rate = 10 %
rate = 4 %
so here we can say this will happen when actual inflation rate is high as compare to expected inflation rate
and we have given 10 % inflation rate need and
it was high by 4 % of fewer good
so rate is total 14%
so correct answer rate of inflation during the year was 14%
Answer and Explanation:
The computation is shown below:
a. For expected return
As we know that
Expected return = Probability × Rate of return
The same formula applies for all of the given stock
For Boom it is
= 0.4(0.21) + 0.4(0.36) + 0.2(0.55)
= 0.33
For Normal it is
= 0.4(0.17) + 0.4(0.13) + 0.2(0.09)
= 0.13
For Bust
= 0.4(0.00) + 0.4(-0.28) + 0.2(-0.45)
= - 0.20
So, the expected rate of return is
= 0.25(0.33) + 0.60(0.13) + 0.15(-0.20)
= 0.1305
Now the variance is
= 0.25 × (0.33 - 0.1305)^2 + 0.60 × (0.13 - 0.1305)^2+ 0.15 × (-0.20 – 0.1305)^2
= 0.053
Now the standard deviation is
= [0.053]^1/2
= 0.23
b. Risk premium is
= E(Rp) – Rf
= 0.1305 - 0.038
= 0.0925
c. Expected real return is
= 0.1305 - 0.035
= 0.0955
The Expected real risk premium is
= risk premium - inflation rate
= 0.0955 - 0.035
= 0.0605
We simply applied the above formulas
Answer and Explanation:
Journal Entry
a).
Cash A/c (5500 × 44)-7200 Dr. $234,800
To Common stock A/c(5500×5) $27,500
To Paid-In capital in excess of par-common stock A/c $207,300
($234,800 - $27,500)
(To record common stock issued)
b).
Land A/c(1200×$45) Dr. $54,000
To Common stock A/c(1200×$5) $6,000
To Paid-In capital (in excess of par-common stock) A/c $48,000
($54,000 - $6,000)
(To record land purchased in exchange of common stock)
c).
Treasury stock A/c(520×$45) Dr. $23,400
To Cash A/c $23,400
(To record purchase of treasury stock)
Answer: The correct answer is "D. wages and prices adjust quickly through rational expectations, so that monetary policy movements will create changes in the money supply which create fluctuations in real GDP.".
Explanation: The economic cycle is a series of phases through which the economy passes and that happen in order until reaching the final phase in which the economic cycle begins again.
The main idea of these models is that economic cycles have a real origin and are the result of the optimal reaction of economic agents to this type of disturbance.
According to the real business cycle models <u>wages and prices adjust quickly through rational expectations, so that monetary policy movements will create changes in the money supply which create fluctuations in real GDP.</u>
