Answer:
correct option is a. loss on bond redemption of $2,000
Explanation:
given data
bond = $300,000
redeemed at = 98
carrying value of bond = $292,000
to find out
entry to record the redemption would include
solution
we know here that Redemption value is
Redemption value = bond × redeemed
Redemption value = $300,000 ×98%
Redemption value =$294,000 ................1
and here Carrying value is $292,000
so we paid excess amount that is
paid excess amount = $294,000 - $292,000
paid excess amount = $2000
so here correct option is a. loss on bond redemption of $2,000
Answer:
E. Cluster
Explanation:
Cluster sampling is a type of sampling method in which the population under study is divided into different groups known as clusters before simple random samples are selected from each population clusters. The analysis of such population is carried out based on the sampled clusters.
This method is adopted when a researcher does not have access to the whole population under research.
Advantages of cluster sampling.
The research method only needs fewer resources.
The sample under review is feasible.
Note: Cluster sampling is not as accurate as simple or stratified random sampling.
Answer:
E. All the statements are correct
Explanation:
i. Corporations rarely pay tax on the interest income.
This statement is correct. Some companies do not even pay any income taxes.
ii. Higher tax bracket people tend to buy municipal bond because it is federal tax exempt.
Correct, people who have high incomes, and are subject to a high federal income tax rate often buy municipal bonds because these bonds are exempt from federal income tax.
iii. Short term capital gain and long-term capital gain are treated differently for individuals.
Correct. Short-term capital gains are those obtained from the sale of property that was owned for less than one year. This gains are often treated with the highest tax rate.
Long-term capital gains are those obtained from the sale of property that was owned for more than one year, and are treated with more favorable tax rates.
iv. The corporate tax rates in the U.S. is one of the lowest among the developed nations.
This statement is correct. The corporate tax rate in the U.S. is a nominal 21% (the effective rate can be as low as 0% for some companies). This is one of the lowest rates among developed nations, whose rates hover around 25 to 30% on average.
Answer:
top-of-mind awareness
Explanation:
the highest level of awareness, occurs when customers mention a specific brand name first when they are asked about a product or service
The concept of diversity encompasses acceptance and respect. As a nation, we try to understand one's individuality and recognizing one's differences.
Hopes this helped.
~Bob Ross®
