Answer:
his supervisor
Explanation:
A supervisor is a person who supervises an activity or a work. His main job is to monitor the work and see that the work is down smoothly and is completed on time. He also manages his workers to do the job effectively. He acts like a boss to the other employees who are subordinate to the supervisor.
In the context, Grady who works at a fast food restaurant, once notice that one of his co-worker is giving some free food to his friend. So Grady who did not what to do and act in such a time, decided to follow the example of his supervisor and dealt with the situation as the supervisor would deal.
Answer:
Additional tax the firm will owe: $3.15
Explanation:
Marginal tax rate is calculated by following formula:
Marginal tax rate = Change in taxes paid/Change in income
Change in taxes paid = Marginal tax rate x Change in income
The firm increases its revenue by $100 while increasing its cost of goods sold by $85.
Change in income = $100 - $85 = $15
Additional tax the firm will owe = $15 x 21% = $3.15
Answer:
It is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.
Explanation:
Answer and Explanation:
The categorization is shown below:
1 Purchase of a patent = Investing activities as it represents in a negative sign because it is a cash outflow
2 Depreciation expense Operating activities as it is added to the net income
3 Decrease in accounts receivable = Operating activities as it is added to the change in adjustments column
4 Issuance of a note payable = Financing activities as it represents in a a positive sign because it is a cash inflow
5 Increase in inventory = Operating activities as it is deducted from the change in adjustments column
6 Collection of note receivable = Investing activities as it represents in a positive sign because it is a cash inflow
7 Purchase of equipment = Investing activities as it represents in a negative sign because it is a cash outflow
8 Exchange of long term assets = Separate non cash activities note as it does not involved any cash transactions
9 Decrease in accounts payable = Operating activities as it is deducted from the change in adjustments column
10 Payments of dividend = Financing activities as it represents in a negative sign because it is a cash outflow
Answer:
Current yield is 6.17%
<em>YTD is 5.43%</em>
<em>YTC is 4.26%</em>
Explanation:
Tenor: 15 years
-> number of payment (NPer) is 30 (= 15 years * 2 for semiannual)
Coupon rate: 7.4%
- > semiannual payments (PMT): $37 = ($1000*7.4%/2)
Future value (FV): $1000
Present value (PV): $1200
Current yield = annual coupon/ current price = $37*2/$1200 = 6.17%
<u>Extra: </u>
We use excel to calculate yield to date (YTD) or nominal yield:
= Rate(Nper, PMT, - PV,FV) = Rate(30,37,-1200,1000) = 2.717% semiannual
-> annual rate is 5.43%
The bond issue is callable in 5 years at a call price of $1,074, then FV is $1074
Yield to call = rate(10,37,-1200,1074) = 2.13% semiannual
-> annual rate is 4.26%
