Answer:
$2,500,000
Explanation:
Break Point = Level of debt / Weight of debt
(100%-40%)
=60%
Hence:
= 1,500,000 / 60%
= $2,500,000
Therefore the debt breakpoint in the MCC schedule will be $2,500,000
Answer:
C. A secondary market transaction.
Explanation:
In a secondary market, the investors buy and sell securities they own. It is typically known as the stock market although in the primary market stocks are sold too. But the difference is that the primary market is for companies and governments.
I hope this answer helps you.
Answer:
Benefit is $3526
Explanation:
In order to obtain earned credit, the following requirements should be managed to meet:
1) interest income must be 3600 or even less.
(2) Total income for sole dependents must be 41,094 or fewer.
3) In such a situation, the full amount of taxable income credit shall be $3,526.
Because all earned income and gross income are below the latter cap ($41,094) in that case, the full taxable income benefit is $3526.
Answer:
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The general rule you are refering is that it should not exceed greatly the credit term period. Rules that do not apply in this case is the 30 days exceed rule, the rule that says that it can be any length as l<span>ong as the customer cont<span>inues to buy merchandise, and the rule that says that it should not greatly exceed the discount period. </span></span>
