The answers are the following:
a.
Brandon:
$7,000 + [($10,000/4)×3¿= $8,500
Ryan:
$7,000 + [($10,000/4)×1¿= $7,500
b.
Brandon $7,000
Ryan <span>$7,000</span>
Answer:
The most important decision a financial manager can make is the allocation of funds to various investments
Answer:
The probability is 0.20 or 20%
Explanation:
we know that
The probability of an event is the ratio of the size of the event space to the size of the sample space.
The size of the sample space is the total number of possible outcomes
The event space is the number of outcomes in the event you are interested in.
so
Let
x------> size of the event space
y-----> size of the sample space
so
In this problem we have that
Multiple of 5 between 1 and 15 = 5, 10,15
so
Total numbers between 1 and 15=15
so
substitute
Convert to percentage
George H.W. Bush firmly said, "Read my lips: no new taxes."
He would continue to be troubled by the words. The top tax rate was increased from 28% under Ronald Reagan to 31% by the Omnibus Budget Reconciliation Act of 1990.
What is Tax??
In order to ensure that taxpayers are paying the proper amount of tax at the proper time and obtaining the proper tax allowances and tax reliefs, tax compliance refers to both policy actions and individual behaviour. A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (A person or legal entity) is used by a government organisation to pay for government expenses and other public expenditures (regional, local, or national). Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt. Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation. Taxes can be paid in cash or in the labour equivalent and can be either direct or indirect.
To learn more about Tax
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Answer:
Return on investment = -0.71%
Explanation:
<em>The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment. </em>
<em>Dividend is the proportion of the profit made by a company which is paid to shareholders. </em>
<em>Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal</em>.
Therefore, we can can compute the return on the investment as follows:
Total Return on investment =
(Capital gain/ loss + dividend )/purchase price × 100
Capital loss = (184 -140) × 120 = - 480
Dividend = 427
Commission = 34 + 39 =-73
Net loss on investment = - 480 - 73 + 427= -126
Return on investment = -126
/(148× 120) = -0.71%
Return on investment = -0.71%
