To avoid misinformation on the internet, it is best to:

Pls help me I would appreciate it

devlian [24]

Answer:

I WOULD SAY HIGH INTRUST RATE.

Explanation:

Hope this helps <3 HAVE A GOOD DAY!

6 0

3 years ago

Read 2 more answers

with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

svetlana [45]

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

8 0

3 years ago

Sister Pools sells outdoor swimming pools and currently has an aftertax cost of capital of 11.6 percent. Al's Construction build

Aloiza [94]

Answer:

$1,952 (Positive NPV)

Explanation:

Year Annual CF ($) PV factor at 10.30% PV of Cash Flow ($)

1 17,000 0.90662 15,413

2 17,000 0.82196 13,973

3 17,000 0.74520 12,668

4 17,000 0.67561 11,485

5 17,000 0.61252 10,413

6 17,000 0.55532 9,441

7 17,000 0.50347 8,559

TOTAL 1.73554 81,952

Net Present Value (NPV) = Present value of annual cash flows - Initial Cost

Net Present Value (NPV) = $81,952 - $80,000

Net Present Value (NPV) = $1,952 (Positive NPV)

8 0

3 years ago

A homeowner has a mortgage balance of $149,570.75. If the interest rate on the loan is 9.5% and the monthly payment is $1,303.55

nalin [4]

Answer:

Principal balance at the end of year 2 = 149,330.9079

Explanation:

Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.

We will use the following relationships:

Interest paid = Interest rate × loan balance

Principal paid = Monthly installment - Interest paid

Principal balance= loan balance - principal paid

Year 1

Interest paid = 9.5%/12 × 149,570.75 = 1,184.101

Principal paid in year 1 = 1,303.55 - 1,184.101 = 119.448

Principal balance = 149,570.75 - 119.448= 149,451.3018

Year 2

Interest paid = interest rate × loan balance in year 1 = 1183.156

Interest paid = 9.5%/12 × 149,451.3018 = 1183.156

Principal paid = 1,303.55 - 1183.156139 = 120.393

Principal balance at the end of year 2= Principal balance in year 1 - Principal paid in year 2

= 149,451.3018 - 120.393861 = 149330.9079

Principal balance at the end of year 2 = 149,330.90

8 0

3 years ago

identify and discuss three or four of the major elements required in the statement on standards for valuation services (SSVS). B

vichka [17]

Explanation:

Statement on standards for valuation services:

AICPA members are required to follow the statement of standards for valuation services , Valuation of business , Business ownership interest , Security or Intangible asset when they perform engagements to estimate value that culminates in the expression of a conclusion of value or a calculated value.

<u>Major Elements:</u>

i) Sufficient evidence

Sufficient evidence must be gathered by such means as inspection, inquiry computation, and analysis to ensure that the business valuation conclusion and report are properly supported.

ii) Documentation

The valuation analyse must document matters , which are important in providing evidence to ;

a) Support the business valuation conclusion;

b) Justify decision made in the contact of engagements and;

c) Demonstrate that the engagement was carried out in accordance with the standards for valuation services of the AICPA.

iii) Minority , Majority and common issues

The valuation analyst should consider anything that may affect minority majority or control issues , including but not limited to:

- Laws

- Agreements and contracts

- Possible strategic or synergistic value

- Veto power

- Other relevant factors

iv) Scope of work

Scope should be supportable and consistent with expectation of participants and peers in the market for similar services and in compliance with these valuation standards.

7 0

4 years ago