Answer:
Underpayment of estimated tax = $2,960
Explanation:
Please consider the following equations:
100% of $15,960 = $15,960
90% of $18,000 = $16,200
whichever is lower. i.e $15,960
Underpayment of estimated tax = $15,960 - $13,000 = $2,960
Answer:
B) The Law of Demand
Explanation:
The correlation between the volume demanded, and the price of a good is explained by demand law. As per this law, price and the quantity demanded have an indirect or inverse relationship. An increase or decrease in price results in quantity demanded moving in the opposite direction.
Should the prices of a product or service increase, its demand falls.
Answer: "e. None of the answers above is correct."
Explanation: 1) If a bond sells for less than par, its yield at maturity is greater than its coupon rate.
2) If a bond sells at par, its current yield will be the same as its yield at maturity.
3) A bond selling for more than par will always have a lower capital gain than a par bond.
4) Both Incorrect.
Answer:
The answer is below
Explanation:
To be able to enjoy some small daily purchases and also make wise, long-term decisions when it comes to spending and saving, you will need to take the following steps:
1. Ensure you have a plan: this will describe your short term and long term goals about your finances
2. You can start with an 80%/20% rule. Here, you spend 80% of your income and save 20%. You can increase that later to 70/30%
3. After sometimes, invest 80% of your savings and keep 20%
4. Use credit when only necessary
5. Enjoy yourself sometimes by spending the money for yourself adequately.
6. Keep learning how to maximize your income.
Answer: $8,490,909
Explanation:
10% was added to the $40. Price firm will receive is therefore;
= 40/ 1.10
= $36.36
The firm will receive;
= (Price * number of shares) - legal fees
= (36.36 * 250,000) - 600,000
= $8,490,909.09
= $8,490,909
