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Soloha48 [4]
3 years ago
13

During the current year, Sam received interest income from the following investments: $400 from State of Wyoming bonds, $200 fro

m Ford Motor Co., $50 from City of Laramie bonds, $100 from U.S. Treasury bonds. How much of the interest received will be included in gross income?
a. $200
b. $700
c. $300
d. $600
Business
1 answer:
Kaylis [27]3 years ago
8 0

Answer:

b. $700

Explanation:

The City of Laramie bonds (municipàl bonds) are excluded from the federal tax income calculation thus; it should not be counted toward Sam gross income.

The rest will count getting a total of:

$400 from State of Wyoming bonds,

$200 from Ford Motor Co.,

<u> $100 from U.S Treasury bonds</u>

700 gross income

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define a stock market bubble, describe what happens after a bubble, and explain how the law of supply and demand creates both bu
Stells [14]

Answer

<u>A bubble is a phenomena in investing that occurs when investors increase their demand in assets so much that they cause the price to move to a value beyond accurate reflection of its actual worthiness</u>. When a bubble happens, <u>the prices of stock will fall rapidly</u>.When there is increase in the share price of stock rapidly caused by individual-perpetuating, the share value can rise beyond asset value making investor to withdraw their money faster because <u>supply will exceed demand and cause share price to fall.</u>

An increase demand on assets by investors will make the price to increase beyond rational economic value. The real worth of the stock will now be determined by firm’s performance. Investing in bubble can appear to last forever, but because they are formed by self-perpetuated reasons, they eventually fall and the money that was invested into them is lost. In such cases, investors would run to withdraw their money and avoid the loss of fall in share prices.

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3 years ago
Suppose that a bank has loaned money to two businesses: a trustworthy computer manufacturer and a risky mining venture. Unfortun
Vladimir [108]

Answer:

The situation is called insolvency. bank is unable to pay to depositor.

Explanation:

The situation is called insolvency. insolvency is refer to the situation when debtor is unable return its debt.  The same is happened in the given situation. In the above case due to not paid by manufacturing unit, bank is unable to pay to depositor.

Insolvency is refer to that critical condition when debtor unable to pay amount to depositor. In the above given case even if bank want to sell its all assets it cannot cover its liabilities.

3 0
3 years ago
Both nadia and samantha are applying to insure their car against theft. nadia lives in a secure neighborhood, where the probabil
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Answer:

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Explanation:

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Samantha is willing to pay $100 over her expected loss, hence the amount that Samantha be willing to pay = ($2500 + $100 ) = $2600

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3 years ago
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The answers are C and B
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hello there

the answer is

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hope this helps

best regards Queen Z

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3 years ago
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