Answer:
This is not correct, as the information systems in this age are rapidly transforming, due to artificial intelligence and IoT.
Answer: 8.85%
Explanation:
GIVEN THE FOLLOWING ;
Municipal bond yield = 5.75%
After-tax rate = 35%
In other to produce the same after tax rate, What should be the yield of the synthetic company bond;
Assume yield on synthetic company bond = SC yield ;
We can connect our assumption using the mathematical relation below;
Municipal bond yield = after tax bond yield
5.75% = SC yield (1 - tax rate)
5.75% = SC yield (1 - 35%)
5.75% = SC Yield × 65%
SC yield = (5.75/65)%
SC yield = 0.08846%
SC yield = 8.85%
Answer:
When we get too hot, sweat glands in the skin release more sweat. The sweat evaporates, transferring heat energy from the skin to the environment.
When using the Euromarkets, companies pay less for the loans
Answer and Explanation:
The journal entries are shown below
On Sept 1
Supplies Dr $1,020
To Cash $1,020
(being supplies purchased in cash)
On Sept 5
Dividend Dr $410
To cash $410
(being cash dividend is paid)
On Sept 7
cash Dr 5,500
To Unearned service revenue $5,500
(being cash collection is recorded)
On Sept 16
Cash Dr $770
To Account receivable $770
(being cash collection is recorded)
On Sept 22
Equipment Dr $3,000
To cash $1,100
To Note payable $1,900
(being equipment purchased is recorded)
