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4 years ago

What is generally true about savings vehicle

2 answers:

5 0

<span>If you're likely to be dipping into some of that money to fix the house, take a vacation, or buy holiday presents, don't put too much into a long-term CD. Like savings, checking, and money market accounts, CDs are FDIC insured for up to $100,000

hope this helped XD ;)

</span>

Yuliya22 [10]4 years ago

4 0

I believe the answer is: <span>people should evaluate different forms of savings vehicles based on their needs

Saving vehicle refers to the type of bank that you use to keep your savings. Different banks would offer different programs and interest rates for their consumers. To obtain the most out of saving, you need to choose the bank which offer the most profitable programs for your financial situation.</span>

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Taylor Systems has just issued preferred stock. The stock has a 10% annual dividend and a $ 110 par value and was sold at $119

shutvik [7]

Cost of preferred stock Taylor Systems has just issued preferred stock. The stock has a 12 % annual dividend and a $100 par value and was sold at $97.50 per shar

4 0

3 years ago

Suppose that lenders want to receive a real rate of interest of 5 percent and that they expect inflation to remain steady at 2 p

Helga [31]

Answer:

Explanation:

nominal interest rate = real interest rate + expected inflation rate

nominal interest rate = 5% + 2% = 7%

Usually the nominal interest rate has four major components:

real interest rate: the net interest rate received by a lender or an investor
inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
liquidity risk premium: usually collateralized loans include a liquidity risk premium since not all assets can be easily converted to cash.
credit risk: possibility of the borrower defaulting the loan

7 0

3 years ago

Job 543 started on june 1 and finished on july 15. Total cost on july 1 was $10,800, and the costs added in july were $164,300

Snowcat [4.5K]

Answer:

$175,100

Explanation:

Job 523 started on June 1 and ended on July 15

The total cost on July 15 was 10,800

The cost added in July was 164,300

Therefore the debit to cost of goods sold can be calculated as follows.

= 10,800 + 164,300

= 175,100

Hence the debit to cost of goods sold is $175,100

4 0

3 years ago

Bill and Brenda bought their home for $150,000. They made $50,000 of improvements. They sold the home for $450,000 and paid $30,

adell [148]

Answer:

Explanation:

Capital gains tax is a tax that is levied on the profit made from the sale of a non-inventory asset. The most common sources of capital gains are through the sale of bonds, precious metals, stocks, property, and real estate.

The IRS typically allows an exclusion of up to: $250,000 of capital gains on real estate for a single person and $500,000 of capital gains on real estate for a married couple who are filing jointly.

To find the amount on which they pay capital gains:

The adjusted basis is $200,000 which is:

Initial cost of buying the house for $150,000, plus cost of improvements $50,000.

The sales price of $450,000 minus the selling expenses which cost $30,000.

The amount realized is therefore:

$450,000 - $30,000 = $420,000.

Note: They will receive an exclusion of $500,000 because they are filing jointly. So Bill and Brenda will not pay any capital gains tax.

6 0

3 years ago

Read 2 more answers

For Bonita Sports Corporation, year-end plan assets were $4,250,000. At the beginning of the year, plan assets were $3,974,000.

OverLord2011 [107]

Answer:

Explanation:

Year-end plan assets were $4,250,000

At the beginning of the year, plan assets were $3,974,000

So Actual Return on Plan Assets = (4,250,000 - 3,974,000) - (420,000 - 365,000)

Actual Return on Plan Assets = 276,000 - (55,000)

Actual Return on Plan Assets = 221,000

6 0

4 years ago