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yulyashka [42]
3 years ago
6

Assume that Jose is indifferent between investing in a corporate bond that pays 10 percent interest and a stock with no growth p

otential that pays an 9.7 percent dividend yield. Assume that the tax rate on dividends is 15 percent. What is Jose's marginal tax rate?a. 47%.b. 37%.c. 32%.d. 15%.e. None of these.
Business
1 answer:
ddd [48]3 years ago
7 0

Answer:

e. None of these.

Explanation:

Step 1. Given information.

Taxable Dividend Yield = 9.7%

Tax rate on Dividend yield=15%

Interest rate=10%

Let Tax rate on Interest=X

Step 2. Formulas needed to solve the exercise.

Interest rate * (1 - x) = taxable dividend yield ( 1 - tax rate on dividend yield)

Step 3. Calculation.

0.10*(1-x)=0.097*(1-0.15)

0.10-0.10x=0.08245

0.10x=0.01755

x=0.01755/0.10

=0.1755

=17.55%

Step 4. Solution.

e. None of these.

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adoni [48]

Answer:

Accounts receivables -under-the-Hill   11,700 debit

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Explanation:

The credit card fee is considered an expense

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We will debit our accounts receivables for the difference between the 12,000 billed and the fee charged for Under-the-Hill credit car:

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The government place price ceilings, such as rent control, on some essential goods because of the reason of limiting <span>the impact of equilibrium pricing. This will also limit the direct increase of the prices of the goods. This will also help regulate the flow of prices in the market.</span>
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2 years ago
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Derst Inc. sells a particular textbook for $39. Variable expenses are $28 per book. At the current volume of 49,000 books sold p
Liono4ka [1.6K]

Answer:Annual fixed expenses = $ 539,000

Explanation:

Given;

break even point on books sold= $49,000

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Resources are adequate, but demand varies widely over the life of the project. Delaying noncritical activities to lower peak dem
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resource smoothing

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It has a greater impact than service industries.

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