Answer:
C. The Vocational Rehabilitation Act
Explanation:
The vocational rehabilitation act was introduced to correct the issues associated with the discrimination of individuals with disabilities in the United States of America.
Darius employers discriminated against him by deciding not to pay him because he is a physically disabled man. The best course of action to be taken if Darius want to take legal actions against his employers is through the Vocational Rehabilitation Act. This is because the act prohibits employment discrimination against qualified persons with handicaps or disabilities.
Answer:
$2,728.40
Explanation:
Given:
Amount invested in a market = $2,500
Annual interest rate = 8.75%
also, The interest is compounded weekly
and there are 52 weeks in an year
Therefore, the interest rate when compounded weekly =
or
Interest rate, r = 0.168% = 0.00168
Thus,
The ending balance = Principle × ( 1 + r )ⁿ
here, n is the duration i.e 52 weeks
therefore,
The ending balance = $2,500 × ( 1 + 0.168 )⁵²
or
The ending balance = $2,728.40
If you hold this security to maturity, your yield to maturity is <u>9.89%</u> while your rate of return is <u>9%</u>.
<h3>What is the yield to maturity?</h3>
The yield to maturity (YTM) refers to the total rate of return earned by a bond when it makes all interest payments and repays the original principal.
YTM is equal to a bond's internal rate of return (IRR) if the bond were held to maturity.
<h3>Data and Calculations;</h3>
Face value of security = $500
Price paid today = $455
Yield to maturity = (Face Value/Current Price) x (1/Years to Maturity) - 1
= $500/$455 x 1/1 - 1
= 0.0989
OR
Yield in dollars = $45 ($500 - $455)
= 0.0989 ($45/$455 x 100)
Rate of return = 9% ($45/$500 x 100)
Thus, if you hold this security to maturity, your yield to maturity is <u>9.89%</u> while your rate of return is <u>9%</u>.
Learn more about yield to maturity and rate of return at brainly.com/question/5524579
Answer:
The answer is D. $3,750
Explanation:
This is an unearned revenue because the fee covers a service that will be rendered for a period of 12months(a year).
Unearned revenue is categorized as a liability because the customer has not fully exercised all its services/benefits.
So as this magazine is delivered monthly, this unearned subscription revenue decreases and revenue increases.
To calculate what will be earned monthly:
$15,000/12months
=$1,250.
So For January - $1,250
February- $1,250
March -. $1,250
So for the first quarter(January to March), $3,750 will be recognized as revenue while the unearned subscription revenue decrease by $3,750.
Alternatively, since 3 months make a quarter and we have 4 quarters in a year, it can be calculated as:
$15,000/4
$3,750.
Therefore, subscription revenue of $3,750 will be recognized every quarter.
Answer:
Explanation:
Amount realized on sale:
Cash $75,000
Purchaser’s note 675,000
$750,000
Adjusted basis (535,000)
Gain realized on sale $215,000
b. $215,000 gain realized ÷ $750,000 contract price = 28.67% gross profit percentage.
Cash received in year of sale:
Cash at closing $75,000
August principal payment 33,750
$108,750
Gain recognized (108750*28.67%) $31,179
A. Book gain $215,000
Tax gain (31,179)
Book/tax difference $183,821
B. $183,821 × 35% = $64,338 deferred tax liability
The excess of book gain over tax gain is a favorable difference.