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vlabodo [156]
3 years ago
12

What, if anything, should you do to correct the following sentence?

Business
2 answers:
kodGreya [7K]3 years ago
5 0
Nothing. The sentence is fine as it is.
Effectus [21]3 years ago
5 0
This sentence is perfectly fine as it is. Any change here would be unnecessary and in some cases improper grammar wise! =)
You might be interested in
The Holmes Company's currently outstanding bonds have a 8% coupon and a 13% yield to maturity. Holmes believes it could issue ne
Marina86 [1]

Answer: 8.45%

Explanation:

From the question, we are informed that Holmes Company's currently has an outstanding bonds and has a 8% coupon and a 13% yield to maturity.

We are further told that Holmes believes it could issue new bonds at par that would provide a similar yield to maturity and that its marginal tax rate is 35%.

Holmes's after-tax cost of debt will therefore be calculated as:

= Yield to maturity × (1 - Marginal tax rate)

= 13% × (1 - 35%)

= 13% × (65%)

= 0.13 × 0.65

= 0.0845

= 8.45%

7 0
3 years ago
Two independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced b
harina [27]

Answer:

       SITUATION                                                                    1                  2

a) Income tax payable currently.                                    $14,000     $30,000

b) Deferred tax asset - balance at year-end.                   $1,800       $4,600

c) Deferred tax asset change dr or (cr) for the year.         $800              $0

d) Deferred tax liability - balance at year-end.                      $0       -$1,800

e) Deferred tax liability change dr or (cr) for the year.          $0         -$800

f) Income tax expense for the year.                              $13,200     $30,800

Explanation:

Note: See the attached excel file for all the calculations of all the answers a to f above.

Download xlsx
5 0
3 years ago
Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. Enter net loss w
jok3333 [9.3K]

Answer:

1226=113 %44311)23444443

3 0
3 years ago
The office manager of ABC company has the authority to the whole financial operations. He authorizes activities, controls the co
Over [174]

The risk of not implementing internal control is that it can lead to unethical practices in the workplace.

Internal control refers to the process for assuring the objectives of an organization in operational efficiency and effectiveness. Reliable financial reporting and compliance with laws are vital in internal control.

The risk of not implementing internal control is that it can lead to unethical practices. Also, since there isn't any review of the work done by the financial manager, and this can be risky for the company. This can lead to fraudulent activities.

Since the bank statement is different from the cash book balance, the bank can reconcile this by getting the bank records. This can be done through the checking of appropriate debit and credit transactions in the bank records.

Read related link on:

brainly.com/question/25219745

5 0
2 years ago
you purchase a house and take out a $650,000 loan with a 30-year term at 4.5% nominal annual interest rate (monthly compounding)
Paladinen [302]

Answer:

$811,238.97

Explanation:

First we have to obtain the effective monthly rate.

A 4.5% nominal annual interest rate is equivalent to a 0.37% monthly rate.

Now we can find the future value of the $650,000, which is the value that you will have paid after 5 years.

The formula is:

FV = PV (1 + i)^{n}

Where:

  • FV = Future value
  • PV = Present value
  • i = interest rate
  • n = number of compounding periods of the interest rate.

Finally, we plug the amounts into the formula:

FV = 650,000 (1 + 0.0037)^{60} \\FV = 811,238.97

5 0
3 years ago
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