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kirill [66]
3 years ago
8

Which group is most likely to utilize a tax advantages instrument such as an ira?

Business
1 answer:
inysia [295]3 years ago
7 0
The small investor is the group that are able to day trade and most likely able to invest across different industries. They also utilize a tax advantages instrument such as IRA. This also a group that would face less red tape.



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Suppose that Freddie's Fries has annual sales of $520,000; cost of goods sold of $395,000; average inventories of $11,000; avera
Nadusha1986 [10]

Answer:

8.78

Explanation:

The computation of the cash cycle is given below;

We know that

Cash cycle = Inventory conversion period + Receivables conversion period - Payables conversion period.

Here

1. Inventory conversion period = Avg. Inventory ÷ (COGS ÷365)

= (11,000) ÷ (395000 ÷ 365)

= 10.16

2. Receivables conversion period = Avg. Accounts Receivable ÷ (Credit Sales × 365)

= (27000/520000) × 365

= 18.95

3. Payables conversion period = Avg. Accounts Payable ÷ (Purchases  × 365)

= (22000 ÷ 395000) × 365

= 20.33

Now the cash cycle is

= 10.16 + 18.95 - 20.33

= 8.78

8 0
3 years ago
Schmid Corporation issues​ $450,000, 12%, 5minusyear bonds on January​ 1, 2019 for​ $439,000. Interest is paid semiannually on J
Mamont248 [21]

Answer:

$28,100

Explanation:

The computation of the bond interest expense is shown below:

= (Issued amount × interest rate) + (Issued amount - given amount) ÷ time period

= ($450,000 × 6%) + ($450,000 - $439,000) ÷ 10 years

= $27,000 + $1,100

= $28,100

In semi annual period, the interest rate is half and the time period is doubles and the same is shown

4 0
3 years ago
Dyson cordless vacuum cleaners offer heavy-duty performance for cleaning all floor types. The Dyson is also very lightweight and
pav-90 [236]

Because the Dyson provides the user with really clean floors and carpets, the Dyson is an example of utilitarian value

<h3>What is a Utilitarian Value?</h3>

This refers to the value that is received by a customer based on task-related behavior where there is a functional product aspect.

Hence, we can see that based on the fact that Dyson cordless vacuum cleaners offer a service for a price of $599 and gives really clean floors, they are an example of utilitarian value.

Read more about utilitarian value here:

brainly.com/question/14570851

#SPJ1

3 0
2 years ago
Some hoodlums who have been earning money by stealing copper pipes and cable and selling them to recyclers are driving around on
icang [17]

Answer:

  • Yes they have
  • 18 U.S. Code § 32 (a) Clause 3

Explanation:

With aviation being such a sensitive field that requires a lot of oversight, Congress enacted rules to punish aviation crimes which means that such crimes fall under Federal jurisdiction and as this crime is a crime against an aviation facility, it is a Federal crime.

The crime in question here falls under <em>US. Code 32 - Destruction of aircraft or aircraft facilities under subsection (a)3</em> which talks about damaging an air navigation facility and how this can endanger the safety of flights en route.

Their punishment would be either a fine, imprisonment of not more than five years or both.

4 0
3 years ago
Which of the following is not a true statement about "demand"?
Afina-wow [57]

Answer:

Demand is the same as quantity demanded.

Explanation:

3 0
3 years ago
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