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m_a_m_a [10]
3 years ago
6

Why are high-tax-bracket investors more inclined to invest in municipal bonds than are low-bracket investors?

Business
1 answer:
Anika [276]3 years ago
4 0

The coupons paid by municipal bonds are exempt from federal income tax and from state tax in many states. Therefore, the higher the tax bracket that the investor is in, the more valuable the tax-exempt feature to the investor.

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aleksandr82 [10.1K]

Answer:

The journal entry to record the merchandise return and the payment should be:

Dr Cash 2,940

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Explanation:

The sales returns and allowances account is used to record returned merchandise, while the sales discount account is used to record discounts for early payments or other types of sales discounts.

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E. if technological advances occur is the correct answer.

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Which margin size is most appropriate for a business card?
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Answer:

Explained

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