Answer: The percentage of respondents said that the gas prices are“Not at all annoying” are 12.57%
Explanation: There are 1018 respondents out of which 128 respondents said that the gas prices are “Not at all annoying”
Where, Number of respondents “Not at all annoying” = 128
Total Number of respondents = 1018
Percentage of the respondents = 128 ÷ 1018 * 100
Percentage of the respondents = 0.1257367 *100
Therefore, the percentage of respondents who said is not annoying is 12.57%.
Answer:
It is <u>safer</u> for a company to issue equity than debt
It is <u>riskier</u> for an investor to buy equity in a company than debt in the same firm
Explanation:
If company issues debt that it has to make fixed interest payments, thus even if company is making losses, it has to pay interest which is not in case of equity. Hence, it is riskier option for the company to raise debt.
On the other, if investor in debt, then he will get fixed interest, thus debt option is relatively cheap than equity for investor
Answer:
$21000
Explanation:
To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.
Gray’s beginning basis = $5,000
Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000
Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and
portfolio income = 50% × $4000 = $2,000
Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000
