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4 years ago

Sin Qua Corporation is a company listed on the stock exchange and issues corporate bonds. Which statement is most likely true?

Business

1 answer:

ch4aika [34]4 years ago

8 0

Answer:

Investors will have to pay tax on the interest income received from the bonds.

Explanation:

Interest earned from corporate bonds and capital gained through corporate bond transactions is taxable income. The interest earned from a corporate bond is subject to taxation by both the federal and state governments.

The government will not sell sin Qua corporation bonds as it is a public company. Bonds do not pay interest quarterly but rather semi-annually or annually. Again, the maturity of the bond is determined at the time they are issued. Creditworthiness will only affect the bond price but not its maturity period.

Investors will have to pay tax on the interest income received from the bonds is thus the correct statement.

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Kasar Co. has net income, before taxes, of $335,000, including $35,000 in interest revenue from municipal bonds and $12,000 paid

svetoff [14.1K]

Answer: $Actual\ tax\ rate = 31.70$

Explanation:

Given:

Net income(before taxes) = $335,000

Effective tax rate for the current year = 29.5%.

We'll compute the actual tax rate using the formula given below:

$Actual\ tax\ rate = \frac{Income\ tax\ expense}{Taxable\ income}$

⇒ Taxable Income = Net income(before taxes) - Interest revenue + Insurance premiums

Taxable Income = $335,000 - $35,000 + $12000

∴ Taxable Income = $312,000

⇒ Income tax expense = Income × Effective tax rate

Income tax expense = $335000 × 0.295

∴ Income tax expense = $98,825

Equating these two value in above formula, we get;

$Actual\ tax\ rate = \frac{98825}{312000}$

$Actual\ tax\ rate = 31.70$

7 0

3 years ago

ALT Inc. conducts periodic reviews of the distribution of pay and the favorable outcomes granted to employees, such as promotion

Over [174]

Answer:

distributive justice

Explanation:

Based on the information provided within the question it can be said that in this scenario, this is an example of applying distributive justice. This term refers to a concept that determines who owns what within a society. In other words an individual should receive benefits or goods depending on their contributions to a company or society. Which in this case is what ALT inc. is trying to make sure of.

3 0

3 years ago

You were left $100,000 in a trust fund set up by your grandfather. The fund pays 6.5% interest. You must spend the money on your

pickupchik [31]

Answer:

The answer is 27,408.71

Explanation:

Solution

Recall that:

You were left with a trust fund of =$100,00

Interest rate = 6.5%

Money with drawled = 4 installments

Now,

The step to take is to find you could withdraw currently at the start of each of the next 3 years with a zero account to end up with.

Now,

100, 00 = X (1 - (1.065)^-4/.065/1.065

We now solve for X

Thus

X =7,408.71

By applying or using a financial calculator

We arrange it to an annuity due setting - [2nd] [BGN] then [2nd] [Set] this will set it to mode "BGN"

So,

N = 4

I/Y = 6.5

PV = -100,000

FV = 0

CPT PMT

The payments are known to to be 27,408.71

Note : Kindly find an attached copy of the Financial calculator below

3 0

3 years ago

Read 2 more answers

A manager needs to inform employees that the quarterly project management training will start on May 1, about two months from no

In-s [12.5K]

Answer: In this particular case where the manager needs to inform about the employees quarterly project management, it would be better to inform them face-to-face. Since , it'll help the manager to provide a better insight to the project management training.

Therefore, the correct option in this case is (a)

6 0

3 years ago

Read 2 more answers

Americans value promptness in business meetings, while it is common in Mexico and Spain for a meeting to start thirty minutes la

Kruka [31]

This promptness in business meetings exemplifies how the perceptions of time differ among nations.

<h3>What is the promptness in business meetings?</h3>

Promptness in business meetings is defined as a habit or characteristic of getting to business meetings earlier than the scheduled time to avoid any delay or unforeseen circumstances.

Americans value promptness in business meetings because it shows how punctual you're and how you'll be when delivering assignments and projects.

However, it is common in Mexico and Spain for a meeting to start thirty minutes late.

This signifies how the perception of time differs among nations where time is being valued differently.

Learn more about business meetings here:

brainly.com/question/4472314

8 0

2 years ago