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4 years ago

Samuel needs to decrease his expenses. To which category should he make cuts first?

1 answer:

3 0

Samuel could cut
-Unnecessary using of items, like too much light or electricity or cut off water time
- Spend more time riding a bus than driving a car
-Try not to buy too many luxurious items like new shoes or fancy watches
-Try not to own too many appliances because of insurances or money
-Settle on a house than a mansion, Mansions mortgage are way more than a regulars house mortgage
Hopefully Samuel can decrease a lot of expenses by following these tips
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Required information Skip to question [The following information applies to the questions displayed below.]

Dimas [21]

Answer:

($148 million)

Explanation:

Calculation to determine Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021

Cash flow from Investing activities ($ Million)

Proceeds from sale of land 12

Purchase of Investment (160)

Net cash inflows (outflows) from Investing activities ($148)

Therefore Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021 will be ($148 million)

8 0

3 years ago

Two countries, A and B, both are currently in recession. The values of the MPS for A and B are 0.1 and 0.5 respectively. The g

aksik [14]

Answer:

Explanation:

The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.

The multiplier effect refers to the increase in final income arising from any new injections.

Calculating the Multiplier Effect for a simple economy

k = 1/MPS

A = 1/0.1 =10

B= 1/.5=2

3 0

4 years ago

Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa

kow [346]

Answer:

C) $120,000

Explanation:

Since Copper corporation owns 65% of Bronze Corporation, its dividends received deduction (DRD) is 80% of the dividends received.

stake at another corporation is less than 20%, DRD = 70%
stake at another corporation is between 20% to 80%, DRD = 80% (Copper's case)
stake at another corporation is higher than 80%, DRD = 100%

Therefore, if Copper received $150,000 in dividends from Bronze, it can deduct 80% of that amount = 80% x $150,000 = $120,000

8 0

3 years ago

Charles was the last person on his block to purchase a color television set, and that was in the 1980s. He just couldn't see the

dezoksy [38]

Answer:

Charles is classified in the adopter category called "Latecomers"

Explanation:

Latecomers are traditional consumers. For them, buying a new product brings a feeling of extreme psychological discomfort. They do not like news, even flee from it, and consider it immature to buy an innovative article in the market.

Latecomers represent 16% of consumers, are insecure to adopt new things, do not like to try new things and do not follow fads. Being traditionalists, they always perform the same way and only adopt innovation when there is no other alternative. Like Charles, who only bought the color TV because his old tv stopped working.

3 0

4 years ago

What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt

FinnZ [79.3K]

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

5 0

3 years ago