All categories

3 years ago

Which of the following fees would likely be the highest? AOverdraft fee BAccount transfer fee CMonthly service fee D

1 answer:

8 0

A. overdraft fees would likely be the highest. you could buy something for $5 and go negative and banks would charge you way more than $5

You might be interested in

What is the difference between accounting profits and economic profits? which of the two concepts is more appropriate for explai

Leya [2.2K]

Economic profits. An entrepreneur is more interested in economic profits

8 0

3 years ago

Donna pays $5 for a sandwich and bag of chips. What function is money serving in this example?

Anna35 [415]

The money is serving as a medium of exchange. You are exchanging money, which represents the ability to purchase any good of equal value, for the sandwich and bag of chips.

4 0

4 years ago

A government imposes a per-unit tax on light bulbs in a competitive market. Afterward, the seller's after-tax price increases fr

Montano1993 [528]

Answer:

A. Total expenditure on light bulb increases after the tax.

Explanation:

The government has imposed tax on the light bulb production and the new price after the tax is $14. The price before the tax was $12 and the marginal cost before tax was $9. There was a profit of $3 for the producers of the light bulb. The tax burden is shifted to the consumers of the bulb since the marginal price after tax is $12. Total expense for the production of bulb has increased due to tax.

7 0

3 years ago

tax-free investments are so called because the interest or other income paid to their owners is federal, and, perhaps, state tax

attashe74 [19]

A tax-exempt mutual fund typically holds municipal bonds and different authorities' securities. This type of fund can offer tax blessings, alongside simplified diversification across special styles of government securities. Before you make investments, recollect how plenty of a go back a tax-exempt fund may additionally provide.

Tax-deferred money owed allows income to develop tax unfastened till you withdraw the cash. Tax-loose method no taxes are imposed on income or withdrawals at any time.

With a tax-deferred investment, you pay federal profits taxes while you withdraw money out of your investment, instead of paying taxes up the front. Any profits your contributions produce while invested also are tax deferred.

Learn more about tax here: brainly.com/question/25783927

#SPJ4

6 0

1 year ago

A parent holding company sells shares in its subsidiary such that the parent now owns only 65% of the subsidiary and, thus, the

natita [175]

Answer:

correct option is a) 10.2%; $2,245,000

Explanation:

given data

Gross dividends = $2,500,000

tax rate = 34%

inter company dividends = 70%

to find out

effective tax rate and net dividends

solution

Effective tax rate = (1 - Exclusion) × (Tax rate) ............1

Effective tax rate = (1 – 0.70) × (0.34)

Effective tax rate = 10.2 %

and

net dividends = Gross dividends - Tax ..................2

net dividends = $2,500,000 - [ $2,500,000 (1 – 0.70)×(0.34) ]

net dividends = $2,500,000 – $255,000

net dividends = $2,245,000

so correct option is a) 10.2%; $2,245,000

7 0

3 years ago

Read 2 more answers