Other than mr. tambourine man, which is another bob dylan song that appears in coriglianoâs song cycle

Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received

MAVERICK [17]

Answer:

A. $12,600

B. $13,392

C. Isabel should pay the $20,000 bill in December

Explanation:

A. Calculation for the after-tax cost if Isabel pays the $20,000 bill in December

First step is to calculate present value tax savings

Present value tax savings=$20,000 x 37%

Present value tax savings= $7,400

Now let calculate the After-tax cost

After-tax cost = $20,000 - $7,400

After-tax cost = $12,600

Therefore the after-tax cost if Isabel pays the $20,000 bill in December is $12,600

B. Calculation for the What the after-tax cost if Isabel pays the $20,000 bill in January

First step is to calculate present value tax savings

Present value tax savings=($20,000 x 37%)* (Discount factor, 1 year, 12%)

Present value tax savings= $7,400 * .893

Present value tax savings=$6,608

Now let calculate the After-tax cost

After-tax cost= $20,000 - $6,608

After-tax cost = $13,392

Therefore the after-tax cost if Isabel pays the $20,000 bill in January is $13,392

c. Based on the above calculation for a and b Isabel should pay the $20,000 bill in the month of December reason been that in a situation where her payment is increase from the month of January to the month of December it will tend to lead to increase in the cash flow present value (PV) .

8 0

3 years ago

Discuss the two main types bookkeeping may be completed. which method is easier and why

dezoksy [38]

Answer:

The main difference between Accrual and Cash Basis accounting is the moment when an income or expense is recorded.

Cash Basis recognize and record an income or an expense only when cash is transferred between the parties. However, Accrual Basis recognize them as soon as they occur without the need of cash transaction.

Based on the precious the most used Method is the Accrual Basis, thus, the easiest method, as it does not have to way to the cash operation to record the revenue or the expense.

7 0

4 years ago

Bethany needs to borrow $8,000. She can borrow money at 6.9% simple interest for 3 yr or she can borrow at 6.5% with interest co

Evgesh-ka [11]

The loan options which would result in less total interest is borrowing money at 6.9% simple interest.

Given the following data:

Principal, P = $8,000.

Interest rate, R = 6.9%

Time, T = 3 years

Interest rate 2 = 6.5%

To determine which of the loan options would result in less total interest:

For simple interest:

Mathematically, simple interest is given by the formula:

$S.I = \frac{PRT}{100}\\\\S.I = \frac{8000 \times 6.9 \times 3}{100}\\\\S.I = 80 \times 6.9 \times 3$

S.I = $1,656.

For compound interest:

Mathematically, an interest that is compounded continuously given by the formula:

$A = Pe^{rt}\\\\A = 8000 \times e^{0.065 \times 3}\\\\A = 8000 \times e^{0.195}\\\\A = 8000 \times 1.2153$

A = $9,722.49

$Interest = A -P\\\\Interest = 9722.49-8000$

Interest = $1,722.49

Read more on simple interest here: brainly.com/question/16992474

4 0

3 years ago

Your Group has just been stranded in the wilderness in the middle of a snowstorm in mid-January. You are dressed for the winter,

Salsk061 [2.6K]

Answer:

You will need:

knife

Lighter

Rope

Map

Warm clothes

4 0

3 years ago

The CAPM is built on historic conditions, although in most cases we use expected future data in applying it. Because betas used

dimaraw [331]

Answer:

False

Explanation:

The reason is that the betas are calculated using the past data which means that the Capital asset pricing model solely rely on the past data which is not the strength of the CAPM. It is basically a weakness of the model so the statement is incorrect.

4 0

3 years ago