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mars1129 [50]
3 years ago
7

Which of the following statements is true about financial planning?

Business
2 answers:
Studentka2010 [4]3 years ago
8 0

Which of the following statements is true about financial planning?

B) You must always consider the tax consequences of selling your investments.

Answer B is the best choice for the question because you must always considered the tax consequences when selling investments. Investments are always taxed whether it be initially or at the time of sale and that needs to be kept in mind if selling under value especially. You are recommended to check your financial plans often to make sure they are aligning with your goals.

kenny6666 [7]3 years ago
3 0

Answer:

B)You must always consider the tax consequences of selling your investments.

Explanation:

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Wildhorse Co. incurred research and development costs in 2018 as follows:
vazorg [7]

Answer:

d. $2,950,000

Explanation:

The computation of amount of research and development costs charged is shown below:-

Amount of research and development costs = Direct materials + Personnel cost + Consulting fee paid to outsiders + Indirect costs + Depreciation

= $995,000 + $795,000 + $345,000 + $270,000 + $545,000

= $2,950,000

Therefore for computing the amount of research and development costs we simply applied the above formula.

8 0
3 years ago
Helen, who is single, is considering purchasing a residence that will provide an $18,000 tax deduction for property taxes and mo
GenaCL600 [577]

Answer:

amount of tax saving is $4320

Explanation:

given data

tax deduction = $18000

marginal tax rate = 24%

effective tax rate = 20%

to find out

amount of tax saving

solution

we know tax saving formula that is

tax saving = tax deduction × marginal tax  ........................1

so now put here all value in equation 1

tax saving = tax deduction × marginal tax

tax saving = 18000 × 24%

tax saving = 18000 × 0.24

tax saving = 4320

so amount of tax saving is $4320

4 0
3 years ago
Many automobile companies have custom options available for disabled people.
bazaltina [42]
<span>True. Many automobile companies offer adapted cars for disabled people, for example offering adjusted hand controls, altering access to the vehicle so it is wheelchair accessible or adjusting the space in the back of the vehicle so a wheelchair or mobility scooter can fit.</span>
8 0
3 years ago
On-line Text Co. has four new text publishing products that it must decide on publishing to expand its services. The firm's WACC
dem82 [27]

Answer:

C. Reject W

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) which is shown below:

Expected return = Risk-free rate of return + Beta × (Market rate -  Risk-free rate of return)

= 7% + 1.6 × (12%-7%)

= 7% + 1.6 × 5%

= 7% + 8%

= 15%

The Project W should be rejected as it gives only 14% expected return which is less than the derived expected return.

3 0
3 years ago
The Oxford Provident Building Association was the first ________ to form in America.
11Alexandr11 [23.1K]

Answer:

Savings and loan association

Explanation:

8 0
3 years ago
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