Answer:
The correct answer to the problem is 7.728%
Explanation:
Lucas marginal tax rate = 32 percent
Tax rate on dividends = 16 percent
Dividend yield of a dividend-paying stock (with no growth potential) = 9.20 percent.
To determine the interest rate a municipal bond have to offer for Lucas to be indifferent between the two investments from a cash flow perspective =
Dividend yield multiplied by ( 1- tax rate on dividends)
= 9.20% × (1 - 16%)
= 0.092 × (1 - 0.16)
= 0.092 × 0.84
= 7.728%
Answer:
The correct answer is: human resources.
Explanation:
The Human Resources (<em>HR</em>) department is in charge of recruiting and selecting new personnel with the characteristics and profile the organization is looking for. Besides, the HR role is to provide employees the sources necessary so they can perform their duties in a proper environment within the firm.
Answer: The correct answer is to safeguard the inventory and reporting the inventory on the financial statements.
Explanation: One of the primary objectives of control over inventory is to safeguard the inventory from damage or theft. The second objective is to report the inventory on the financial statements.
Answer:
National emergency can be defined as a state of national crises that threatens not just a part of the nation but the whole, and requires an unprecedented response and requires instantaneous reaction.
Explanation:
<u>National emergency can be defined as a state of national crises that threatens not just a part of the nation but the whole, and requires an unprecedented response and requires instantaneous reaction.</u>
<u>It can also be said to be an extraordinary situation that threatens the health, safety and environment of the citizens that requires intervention by the government. </u>
In the United States, the government at such a time will be required to act in a way that it would not be normally permitted to.
Example in the recent case of COVID-19 outbreak. <u>Since it threatens the lives of people everywhere in the country not just in one state, it is a national emergency and has required the intervention of the government by an unprecedented declaration of a stimulus package of $850 billion dollars, and the request of restriction of the movement of people and closure of airports which will not normally happen.</u>
