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deff fn [24]
3 years ago
6

Why is the savings account better than a checking’s account for saving money?

Business
1 answer:
Lisa [10]3 years ago
7 0

Because it pays a higher rate of interest.

A savings account is better than a checking account for saving money because they normally pay a higher interest rate than a checking account. Quite often, a checking account will not pay any interest at all.

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Wilson has a 40 percent interest in the assets and income of the CC&W Partnership, and the basis in his partnership interest
laila [671]

Answer:

a. $24,000

b. $9,000

Explanation:

a. The amount of income or loss from the partnership is limited to the share of the loss rather than its partnership interest

In the given case, the partnership interest is $45,000 and the share of his loss is $24,000

So, $24,000 is reported in his individual income tax return

b. The computation of the Wilson's basis in his partnership interest is shown below:

= Basis in his partnership interest - share of the loss -  cash distribution received from the partnership

= $45,000 - $24,000 - $12,000

= $9,000

3 0
3 years ago
E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first di
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Answer:

$63.27

Explanation:

Calculation of how much should you pay on the stock today

First step

The Price of stock 19 years from now will be:.

20/0.075

= 266.67

Second step

The Price of stock today will be :

The price of stock from 19 years from now which is:

250 / (1.075)^19

=250/3.951489

=$63.27

Therefore how much should you pay on the stock today will be $63.27

5 0
3 years ago
Year 1 Year 2 EBITDA $7,650 $9,150 Total value of equity $76,500 $82,500 Total firm value $99,450 $132,000 What is value of the
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Answer:

$5.59

Explanation:

Calculation to determine the value of the entity multiple of Company X in Year 1

Using this formula

Entity multiple=Market value / EBITDA

Let plug in the formula

Entity multiple=$99,450/$17800

Entity multiple=$5.59

Therefore the value of the entity multiple of Company X in Year 1 will be $5.59

5 0
3 years ago
A Devil Team is a team that does not simply agree on what you say, but rather critique your ideas in order to create something b
Marrrta [24]

Answer:

The statement is: True.

Explanation:

In management, devil teams are those composed of individuals who tend to have a critical way of thinking about ideas or methods of working proposed. Their objective is not to play the role of antagonists but to expose possible weak points on what is being proposed to them to improve it.

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3 years ago
The profit-maximizing perfectly competitive firm charges a price equal to __________ while the profit-maximizing monopolistic co
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Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged fun fact btwwwww

Explanation:

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